Define the term intrapreneur.
- (a)Define the term intrapreneur.[2]
- (b)Explain one disadvantage of being a small business.[3]
Mark scheme
Marking points from the official mark scheme (Feb/Mar 2025). The mark or mark type is shown in brackets.
- [2] employees in a business who think and act like entrepreneurs/take risks/innovative/creative/challenge existing practices/take responsibility for new projects which improve business performance
- [1] employees who have new ideas
- [1] (Identification) uncompetitive / lack power in the market/low sales / lack experience / difficult to raise finance / financial risk is high / work long hours / income instability / uncertainty / lack of guidance / no economies of scale
- [2] (Developed Application) economies of scale not possible – higher production costs so prices may be high / suppliers and customers may prefer larger businesses which they trust / more established businesses have greater understanding of the market / lenders/investors may be unwilling to supply finance due to higher risk of failure / forced to take out loan – especially at start-up / limited resources especially in early stages / unreliable revenue streams – fluctuations – reliant on savings / uncertainty of survival – effect of external interruptions / lack of mentor or advice
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