Edexcel GCSE Business 9-1 1.1 Enterprise and Entrepreneurship -Risk and Reward

The impact of risk and reward on business activity:
• Risk: business failure, financial loss, lack of security
• Reward: business success, profit, independence
This resource has a power point presentation, handouts and information on 4 risk taking entrepreneurs which can be laminated and used in your plenary.
The ‘risk and reward’ power point goes through the lesson covering:
• Starter activity recapping key terms from my previous lesson available on TES
• Students complete a risk and reward activity you will need dice!
• Video on Theo Paphitis and how he calculates risks (I just watch the first few minutes)
• Students then fill in a risk and reward table
• Plenary- students look at 4 risk taking entrepreneurs and answer the questions on the handout
This is the follow-on lesson from my “1.1 Enterprise and Entrepreneurship- Role of entrepreneurship”
I give out handouts which students fill in rather than books which are attached but it can easily be adapted.