Advanced level 2025 South West mock entrepreneurship 3
Advanced level 2025 South West mock entrepreneurship 3
Section A
(Answer all the questions in this section)
THE COMFORT ZONE EFFECT: RISING ABOVE THE STATUS QUO
Upon graduating with a B.Sc. in Agriculture from the University of Bamenda and a GPA of 3.89, Mr. Akw could
not further his studies due to financial challenges. His attempts to succeed in public exams or secure a good job all
failed, owing to the unfortunate reality of not having a “godfather/1 After being stricken by poverty, r. .
thought of engaging in an entrepreneurial activity that could help change his status quo. He immediately engaged in
three–month training and internship. Within this period, he acquired knowledge on the necessity of mastering the
business environment, the importance of feasibility studies, the necessity of drawing up a good business plan,
business legalization, choosing a suitable location for his business, the need to develop a Business Model Canvas
(BMC) for his business, and the need to critically observe the entrepreneurship process. With this wealth of
knowledge, Mr. Akwi established a business which is very successful today, though it had its fair share of initial
challenges commonly faced by budding entrepreneurs. He prefers outsourcing from business angels rather than bank
loans.
a
Today, he runs a top–notch PLC company and many other conglomerates in the country.The company is known not
just for undertaking several social entrepreneurship initiatives, but is also considered a very Socially Responsible
Entrepreneurship (SRE) within their host community.
QUESTIONS
1. With reference to the passage,
a. Examine Mr. Akwi’s motivation for entrepreneurship.
b. Give another name for “mastering the business environment/’
2. Critically examine the features that made Mr. Akwi a veiy successful entrepreneur.
3. a. Relate Mr. Akwi to the “French Refugee effect of entrepreneurship,”
b. Differentiate between Social Entrepreneurship and Socially Responsible Entrepreneurship.
| c.Mention the six (6) steps of the entrepreneurship journey. 4. a. Discuss any four (4) common challenges faced by start–ups Government of Cameroon to combat each of them. |
(3 marks) |
| and the solutions provided by the | |
| (4 marks) b. Briefly discuss the standard procedure for legalizing a PLC in the Cameroonian context. |
|
| (6 marks) (4 marks) |
|
| 5. State any three (3) main feasibility studies that Mr. Akwi could likely cany out. |
6. With the help of a diagram, list the nine (9) blocks of the Business Model Canvas (BMC) in their correct
| order. | (6 marks) (Total 40 Marks) |
Section B (Answer any two Questions of your choice)
7. After having complete and comprehensive training in entrepreneurship, Mr. Akwi finally engaged in the
creation of his enterprise, introducing new concepts and new methods of doing things. This accounted for
the rapid and constant success of the business, such that bis business was found in many localities of the
counby
