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CIE · IGCSE · Business Studies

Enterprise, business growth and size
Practice Questions

20 CIE IGCSE Business Studies questions on Enterprise, business growth and size, each with instant feedback and a full examiner-style mark scheme.

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✨ Revision guide includes key terms, worked examples and exam technique for Enterprise, business growth and size.

Try 2 sample questions on Enterprise, business growth and size

Question 1 · 1 mark · Difficulty 1/3

Which of the following best defines an entrepreneur?

  1. A person who is employed by a business to develop new products
  2. A person who organises resources to set up a business, taking on financial risk
  3. A person who invests money in an existing business without taking any risk
  4. A person who manages the day-to-day operations of a large corporation
Show answer & explanation
✓ Answer: BA person who organises resources to set up a business, taking on financial risk
An entrepreneur is someone who organises the factors of production to start a business and bears the financial risk involved. Option A describes a manager, not necessarily an entrepreneur. Option C describes an investor or shareholder who does not necessarily take on entrepreneurial risk. Option D describes an employee or product developer, not an entrepreneur.
Question 2 · 1 mark · Difficulty 1/3

Which method of measuring business size uses the number of people employed?

  1. Number of employees
  2. Capital employed
  3. Market capitalisation
  4. Annual turnover
Show answer & explanation
✓ Answer: ANumber of employees
The number of employees is one of the main measures of business size used at IGCSE level. Market capitalisation measures size by the total value of a company's shares. Capital employed measures the total funds invested in the business. Annual turnover measures the value of sales over a period.
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CIE IGCSE Business Studies: Enterprise, business growth and size FAQ

How many CIE IGCSE Business Studies questions on Enterprise, business growth and size are there on Kramizo?
Kramizo currently has 20 exam-board-aligned practice questions on Enterprise, business growth and size for CIE IGCSE Business Studies, with new questions added every week. Each question gives you instant feedback and a full examiner-style mark scheme that tells you exactly what would earn marks on a real CIE paper. The questions span the full difficulty range — from straightforward recall (level 1) right up to multi-step reasoning and evaluation (level 3) — so the bank works for first-pass revision and final exam-week stress testing alike.
Is Kramizo free for CIE IGCSE students preparing for Business Studies?
Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Enterprise, business growth and size practice with other Business Studies topics or even switch to a totally different CIE subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Enterprise, business growth and size questions aligned to the official CIE IGCSE Business Studies syllabus?
Every question is written against the published CIE IGCSE Business Studies specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CIE paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CIE.
How is Enterprise, business growth and size typically tested on CIE IGCSE Business Studies papers?
Enterprise, business growth and size appears across multiple question types on real CIE IGCSE Business Studies papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

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