Practice Functions of an Entrepreneur - 2.5 | 2. Entrepreneurship | ICSE 11 Business Studies
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Functions of an Entrepreneur

2.5 - Functions of an Entrepreneur

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is idea generation?

💡 Hint: Think of the first step before starting a business.

Question 2 Easy

Why is resource mobilization important?

💡 Hint: Consider what a business needs to function.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the main purpose of idea generation?

Creating business plans
Developing new products
Managing resources

💡 Hint: Think about the first step in creating a business.

Question 2

True or False: Risk management is not necessary for entrepreneurs.

True
False

💡 Hint: Consider what entrepreneurs face when starting a business.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

You are an entrepreneur launching a new café. Identify at least three potential risks and develop strategies for mitigating each of them.

💡 Hint: Consider both external and internal factors that could affect operations.

Challenge 2 Hard

Propose a continuous improvement strategy for a technology company that wants to enhance its product offerings.

💡 Hint: Think about how technology evolves with consumer needs.

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