Crash Course: Entrepreneurship #8 The Core of a Business Worksheet

Define competitive advantage as the reason a customer chooses one business over its competitors

Explain what a business's key activities are and list five of them for a named company

Distinguish physical, intellectual, human and financial resources and give examples of each

A timecode sits beside every question, so a student who loses the thread can jump to the right second instead of replaying the whole episode.

The online version leaves no writing space and the print version leaves plenty; the question wording is identical in both, so the choice is purely about how the class will record answers.

Each version also ships as a Word file, so questions can be cut or reworded for a shorter lesson without retyping the sheet.

Note-taking from video - the ten questions are pinned to timecodes running from 1:47 to 7:45, so students listen for a specific answer rather than summarising freely.

Business vocabulary - competitive advantage, key activities, key resources, intellectual property and value proposition each get a question and a worked model answer.

Applying a model to a real company - IKEA's key activities are listed out one by one and SquareSpace's value proposition is described, taking students from definition to a named business.