IGCSE Enterprise (0454) — May–June 2024, Paper 11

7 questions · every question answerable online with instant point-by-point AI marking against the official mark scheme.

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Question 1 · 10 marks · Enterprise process

Lin and Rachel were enterprising when they set up and developed their ecommerce fashion store. State two stages of the enterprise process.

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Question 2 · 10 marks · Legislation

Lin and Rachel have very different attitudes towards risk, but they both agree on the need to comply with regulations. Select the most appropriate word from the list below to…

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Question 3 · 10 marks · Sources of finance

Lin and Rachel negotiated a loan from their parents to raise the finance needed to buy clothes to sell online. Define the term loan.

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Question 4 · 10 marks · Sources of finance

Lin and Rachel needed funding to buy clothes to sell online. Explain one reason, other than buying raw materials, why finance was required in your enterprise project.

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Question 5 · 10 marks · Market research

Rachel started her research by analysing customer comments and complaints. Lin relied on an interview with a fashion designer and the internet for her research. State two…

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Question 6 · 25 marks · Legislation

If Lin and Rachel decide to choose option 2, they would need to comply with laws or regulations in the areas of: - employment - production - marketing and selling. Analyse the…

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Question 7 · 25 marks · Risk

Now consider your enterprise project. PEST is a way to identify the risks involved in an enterprise. Analyse the effect of any two factors of PEST on the operation or success of…

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