5 questions about business? -

1.Define the term enterprise. 2.What is an entrepreneur? 3.Give four examples of successful entrepreneurs. 4.Define the term ��opportunity cost�� and give examples of how it might apply to you as a student. 5.State three organisations other than central government that provide support for new businesses.

1 - readiness to embark on bold new ventures2- someone who takes a risk to start a new business venture3- Richard Branson , Alan Sugar , Michael Dell , Bill Gates4- The cost of passing up the next best choice when making a decisionFor example if you had ��10 and you had a choice to buy a Top or a Cd if you chose to buy the Cd it would be at the oppurnity cost of not having the top.5- Not sure on this one.

5 - angel investors, local development agency, local charities. You could also have family.