企業與創業：練習題

In the context of business enterprise, what is the primary purpose of a business plan when presented to a potential lender?

An entrepreneur launches a tech startup, but after three months, a sudden change in government regulation makes their primary product illegal. The entrepreneur immediately uses their remaining capital to re-engineer the product to comply with the new law.

Which quality of an entrepreneur is most clearly demonstrated in this scenario?

Which of the following would be considered an internal barrier to entrepreneurship for a person attempting to start a new retail business?

A detailed business plan includes a sales forecast based on previous market trends. However, a sudden, unpredictable shift in consumer fashion preferences makes the forecast inaccurate within weeks.

This scenario best highlights which limitation of business plans in a dynamic business environment?

A manufacturing firm is considering whether to invest its limited capital into a new automated assembly line or a national marketing campaign.

What is the nature of economic activity demonstrated in this scenario?

Identify the factor of production that consists of all natural resources, such as water, minerals, and the land itself, used by an agricultural business to produce crops.

Identify the four factors of production required for a startup furniture manufacturing business to begin economic activity.

Analyse why the limitations of a formal business plan might be more significant for an intrapreneurial project within a large bureaucratic hierarchy compared to an independent new venture.

Enterprise plays a vital role in the economy.

(a) Identify two reasons why a new business might fail within its first year.
(b) Explain the difference between a local business and a national business.

A government decides to reduce the barriers to entrepreneurship by providing low-interest grants to individuals starting businesses in the technology sector.

(a) Identify two common barriers to entrepreneurship.
(b) Analyse how the role of business enterprise contributes to the overall development of a country.