Business GCSE
Entrepreneurship
What Entrepreneurship means in Business GCSE, as defined for Pearson Edexcel.
Definition of Entrepreneurship
Check what you remember
Read the wording for your board, then hide it and explain Entrepreneurship in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Taking calculated risks and showing initiative to set up a new commercial venture, organising resources to meet customer needs.
Topics that use Entrepreneurship
- The role of business enterprise (Pearson Edexcel GCSE)
Related terms
- Added value
- Adding value
- Customer needs
- Entrepreneur
- Taking risks
- Branding
- Making business decisions
- Organising resources
Using Entrepreneurship 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.
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