NCFE Business & Enterprise · Unit 1
Entrepreneurship quizzes
10 ready‑made quiz sets for Unit 1: Entrepreneurship, one for every lesson, in course order. Pick one, put it on the board and host it live — students answer on their own devices.
- Free to host
- 20 questions per lesson
- Students join by code
Entrepreneurship introduces who starts businesses, why they do it and how they organise and run what they build. Students study entrepreneurial motives, skills and attributes, the financial and non-financial aims that give a firm direction, the legal structures and organisational shapes available, restructuring, and the stakeholders affected. For the NCFE Business and Enterprise exam these ideas supply the vocabulary and context for every later answer. The lessons build in order: the person, their purpose, the targets they set, the form the business takes and finally the groups it must satisfy.
Each set covers one lesson of Unit 1: Entrepreneurship in the NCFE Level 1/2 Technical Award in Business and Enterprise, with 20 multiple-choice questions on a timed countdown. Open a set to read its revision notes, host it straight away or save it to your library.
10 lesson sets in Unit 1: Entrepreneurship
- 20Qs questions
1.1.1 Being an Entrepreneur
This lesson introduces the entrepreneur as the person who spots a gap in the market, tests whether the idea…20 questions · by Revision Ninja
- 20Qs questions
1.1.2 Entrepreneurial Motivators
Why do people start businesses? This lesson sorts motives into financial, personal and social groups. It…20 questions · by Revision Ninja
- 20Qs questions
1.1.3 Entrepreneurial Skills and Attributes
This lesson separates attributes, which are character traits, from skills, which can be learned. It applies…20 questions · by Revision Ninja
- 20Qs questions
1.2.1 Reasons for Aims and Objectives
This lesson explains why businesses set aims and objectives. An aim is a broad long-term goal, objectives…20 questions · by Revision Ninja
- 20Qs questions
1.2.2 Financial Aims and Objectives
Financial aims are targets measured in money. This lesson covers revenue, costs, profit and margin, the…20 questions · by Revision Ninja
- 20Qs questions
1.2.3 Non-Financial Aims and Objectives
Not every aim is about money. This lesson looks at reputation, market share, sustainability, ethical…20 questions · by Revision Ninja
- 20Qs questions
1.3.1 Legal Structures
This lesson compares the main ways a UK business can be owned: sole trader, partnership, franchise, private…20 questions · by Revision Ninja
- 20Qs questions
1.3.2 Structural Characteristics
Organisational structure describes how a business arranges its people into levels. This lesson explains tall…20 questions · by Revision Ninja
- 20Qs questions
1.3.3 Restructuring
Businesses change their structure as they grow, merge or cut costs. This lesson covers delayering…20 questions · by Revision Ninja
- 20Qs questions
1.4 Stakeholder Engagement
A stakeholder is anyone affected by or interested in what a business does. This lesson sorts internal and…20 questions · by Revision Ninja
Key terms in this unit
- Entrepreneur — defined in 1.1.1 Being an Entrepreneur
- Gap in the market — defined in 1.1.1 Being an Entrepreneur
- Viable — defined in 1.1.1 Being an Entrepreneur
- Target market — defined in 1.1.1 Being an Entrepreneur
- Factors of production — defined in 1.1.1 Being an Entrepreneur
- Marketing mix — defined in 1.1.1 Being an Entrepreneur
- External finance — defined in 1.1.1 Being an Entrepreneur
- Financial motivator — defined in 1.1.2 Entrepreneurial Motivators
- Personal motivator — defined in 1.1.2 Entrepreneurial Motivators
- Social motivator — defined in 1.1.2 Entrepreneurial Motivators
- Independence — defined in 1.1.2 Entrepreneurial Motivators
- Sustainable sourcing — defined in 1.1.2 Entrepreneurial Motivators
- Living wage — defined in 1.1.2 Entrepreneurial Motivators
- Equal opportunities — defined in 1.1.2 Entrepreneurial Motivators
- Attribute — defined in 1.1.3 Entrepreneurial Skills and Attributes
- Skill — defined in 1.1.3 Entrepreneurial Skills and Attributes
- Self-starter — defined in 1.1.3 Entrepreneurial Skills and Attributes
- Self-reflection — defined in 1.1.3 Entrepreneurial Skills and Attributes
- Calculated risk — defined in 1.1.3 Entrepreneurial Skills and Attributes
- Invention — defined in 1.1.3 Entrepreneurial Skills and Attributes
- Innovation — defined in 1.1.3 Entrepreneurial Skills and Attributes
- Aim — defined in 1.2.1 Reasons for Aims and Objectives
- Objective — defined in 1.2.1 Reasons for Aims and Objectives
- Mission statement — defined in 1.2.1 Reasons for Aims and Objectives
- SMART — defined in 1.2.1 Reasons for Aims and Objectives
- Financial objective — defined in 1.2.1 Reasons for Aims and Objectives
- Non-financial objective — defined in 1.2.1 Reasons for Aims and Objectives
- Revenue — defined in 1.2.2 Financial Aims and Objectives
- Profit margin — defined in 1.2.2 Financial Aims and Objectives
- Cash flow — defined in 1.2.2 Financial Aims and Objectives
- Liquidity — defined in 1.2.2 Financial Aims and Objectives
- Solvent — defined in 1.2.2 Financial Aims and Objectives
- Tangible asset — defined in 1.2.2 Financial Aims and Objectives
- Intangible asset — defined in 1.2.2 Financial Aims and Objectives
- Reputation — defined in 1.2.3 Non-Financial Aims and Objectives
- Market share — defined in 1.2.3 Non-Financial Aims and Objectives
- Sustainability — defined in 1.2.3 Non-Financial Aims and Objectives
- Ethical sourcing — defined in 1.2.3 Non-Financial Aims and Objectives
- Staff turnover — defined in 1.2.3 Non-Financial Aims and Objectives
- Carbon footprint — defined in 1.2.3 Non-Financial Aims and Objectives
- Diversity — defined in 1.2.3 Non-Financial Aims and Objectives
- Sole trader — defined in 1.3.1 Legal Structures
- Unlimited liability — defined in 1.3.1 Legal Structures
- Limited liability — defined in 1.3.1 Legal Structures
- Deed of partnership — defined in 1.3.1 Legal Structures
- Franchise — defined in 1.3.1 Legal Structures
- Dividend — defined in 1.3.1 Legal Structures
- Co-operative — defined in 1.3.1 Legal Structures
- Hierarchy — defined in 1.3.2 Structural Characteristics
- Chain of command — defined in 1.3.2 Structural Characteristics
- Span of control — defined in 1.3.2 Structural Characteristics
- Tall structure — defined in 1.3.2 Structural Characteristics
- Flat structure — defined in 1.3.2 Structural Characteristics
- Delegation — defined in 1.3.2 Structural Characteristics
- Delayering — defined in 1.3.2 Structural Characteristics
- Restructuring — defined in 1.3.3 Restructuring
- Redundancy — defined in 1.3.3 Restructuring
- Reorganisation — defined in 1.3.3 Restructuring
- Merger — defined in 1.3.3 Restructuring
- Regional division — defined in 1.3.3 Restructuring
- Stakeholder — defined in 1.4 Stakeholder Engagement
- Internal stakeholder — defined in 1.4 Stakeholder Engagement
- External stakeholder — defined in 1.4 Stakeholder Engagement
- Shareholder — defined in 1.4 Stakeholder Engagement
- Stakeholder engagement — defined in 1.4 Stakeholder Engagement
- Conflict of interest — defined in 1.4 Stakeholder Engagement