Unit 3. Enterprise

The importance of Enterprise to new business & Growth

BizTerm

  1. Internal (organic) growth

  2. External growth

  3. Horizontal integration

  4. Backwards vertical integration

  5. Forwards vertical integration

  6. Merger

  7. Acquisition (or takeover)

  8. Conglomerate

Essential Questions

  1. What are some characteristics of successful entrepreneurs?

  2. Why do governments support business start-ups?

  3. How does a business plan assist entrepreneurs?

  4. What are the main parts of a business plan?

  5. Why do some businesses want to grow?

  6. Why do some businesses want to stay small?

  7. Why do some business fail?

Lesson Resources

Why are startups important?

Why some startups fail?

Why is a business plan important?

Why business fail.pdf
Case-Study - Assignment 3.pdf
2 - Enterprise - PART I
Big or Small
BizAct 3 model