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Why do Businesses exist?

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Presentation on theme: "Why do Businesses exist?"— Presentation transcript:

1 Why do Businesses exist?
Year 10 GCSE Business Studies

2 A-Z of Businesses Complete the sheet on your desks – IN PAIRS

3 Why do Businesses exist?
Starter Activity Why do Businesses exist?

4 Learning Objectives £ To recall what a business is and recount at least 5 reasons as to why businesses exist ££ To apply knowledge of reasons to a given business scenario ££ To analyse the characteristics of an entrepreneur

5 The PURPOSE behind a ‘business’
Produce goods Supply goods Provide a service Help People

6 Entrepreneurs People who start up a business People who see a ‘gap in the market’ People who take a risk

7 Can YOU think of any FAMOUS Entrepreneurs???

8 What does an Entrepreneur look like?

9 Characteristics of an Entrepreneur
Willing to take a risk Determined Motivated Focused Hard Working Dependable Don’t want to work for anyone else


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