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Why do Businesses exist?
Year 10 GCSE Business Studies
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A-Z of Businesses Complete the sheet on your desks – IN PAIRS
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Why do Businesses exist?
Starter Activity Why do Businesses exist?
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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
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The PURPOSE behind a ‘business’
Produce goods Supply goods Provide a service Help People
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Entrepreneurs People who start up a business People who see a ‘gap in the market’ People who take a risk
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Can YOU think of any FAMOUS Entrepreneurs???
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What does an Entrepreneur look like?
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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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