Cambridge National in Enterprise and Marketing
R067 – Enterprise & Marketing Concepts
Topic One – Characteristics, Risks and Reward for Enterprise
When taught: September Year 10
Specification link: Cambridge Nationals – Enterprise and Marketing Level 1/Level 2 – J837 – OCR
What are we learning?
Characteristics of an Entrepreneur
- creativity, innovation, risk-taking, communication, negotiation, confidence, determination
Risks and Reward for Entrepreneurs
The impact of risk and reward on business activity:
- risk: business failure, financial loss, health and wellbeing, personal relationships, work-life balance
- reward: business success, profit, independence, self satisfaction, making a difference
How will we be assessed?
The end of topic assessment will consist of multiple choice questions and short answer questions.
What makes a strong piece of work in this topic? What are teachers hoping to see?
- Good knowledge and understanding of key ideas and concepts, including identifying incorrect ideas
- Effective use and understanding of subject specific terminology
- Developed explanation – identify a factor, explain that factor, then explain the impact on a business
What additional resources can I access outside of lessons?
