Cambridge IGCSE · Enterprise (0454)

The enterprise process: Practice Questions

5 multiple-choice questions marked as you go, and 3 written questions with worked solutions. All on The enterprise process.

8 questions18 marksFree, no account

Question 1

1 mark

In the enterprise process, which stage focuses on checking whether tasks are being completed on time and if the enterprise is on track to meet its goals?

Question 2

1 mark

After an entrepreneur has identified a problem and explored various creative solutions, what is the next logical stage in the enterprise process?

Question 3

1 mark

After a successful initial product launch, an entrepreneur observes that customer satisfaction is high but production costs are higher than anticipated, impacting profitability. According to the enterprise process, what is the next logical step the entrepreneur should undertake?

Question 4

1 mark

Which statement correctly describes the nature of the enterprise process?

Question 5

1 mark

A student is detailing the specific resources required and creating a timeline for when each task must be completed for their new tutoring service. Which stage of the enterprise process are they performing?

Question 6

3 marks

Identify and briefly describe the first two stages of the enterprise process.

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Question 7

6 marks

An entrepreneur has identified a strong market 'want' for eco-friendly packaging. Outline the next two logical steps in the enterprise process, explaining what each step involves.

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Question 8

4 marks

Identify the stage of the enterprise process where an entrepreneur develops contingency plans, and explain why this is important.

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