Advanced level 2024 North West mock entrepreneurship 2

Advanced level 2024 North West mock entrepreneurship 2

Advanced level 2024 North West mock entrepreneurship 2

solution to the problems of unemployment.
(a) Define the term entrepreneur.
(b) Explain four characteristics of a good entrepreneur. .
(c) Give four reasons why the government promotes entrepreneurship in Cameroon.
/.
as a partial
(4 marks)
(8 marks)
(8 marks)
2. Small businesses form a greater part of the economy of Cameroon. They are
emergence of Cameroon.
vital forces towards the
(a) Briefly explain three Documents used in registering a business organisation in Cameroon. (6 marks)
(b) Describe four acts of government that show how the government of Cameroon promotes the creation of
(8 marks)
(6 marks)
enterprises.
(c) Identify and explain four challenges faced by small businesses in Cameroon.

(6 marks)
3. (a) Outline four differences between an entrepreneur and an intrapreneur.
(b) Briefly describe four internal sources of funds available to an entrepreneur.
(c) Name three ways of classifying enterprises in Cameroon.
(d) State and explain 3 characteristics of enterprises.
NADEX consultancy firm is carrying out feasibility studies for a business wishing to establish in Cameroon.
(a) Define the phrase “feasibility study”.
(b) Describe four main parts of a feasibility study.
(c) Briefly explain four sources where an entrepreneur can get business ideas.
(d) Explain four points to show the importance of innovation to an entrepreneur.
4.

(a) Explain four factors that need to be considered when choosing the form of business to invest in. (6 marks)
(b) Describe the factors of the external micro environment of an enterprise.
(c) What are the basic stages of a Business Project?

 

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