Entrepreneur
What Entrepreneur means in Business GCSE, as defined for AQA, OCR, Pearson Edexcel.
Definitions of Entrepreneur
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
Check what you remember
Read the wording for your board, then hide it and explain Entrepreneur in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The individual who drives the business by generating the idea, organising resources, making decisions and bearing the risk of failure.
The person who initiates the business, makes key decisions, and bears the financial risk in pursuit of profit.
An individual who takes on the responsibility of starting and running a business enterprise.
A person who organises, operates, and assumes the risk for a business venture.
A person who takes the financial risk of starting and managing a new business.
Topics that use Entrepreneur
- The purpose and nature of businesses (AQA GCSE)
- Business activity (OCR GCSE)
- The role of business enterprise and entrepreneurship (OCR GCSE)
- The role of business enterprise (Pearson Edexcel GCSE)
Related terms
- Added value
- Adding value
- Enterprise
- Unique Selling Point (USP)
- Adaptation and change
- Adding value through transformation
- Business functions
- Business growth and structure
Using Entrepreneur in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Business questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
A week of Premium from your first lesson · Then the free plan continues · No card, no charge