cameroon gce intermediate level 2024 entrepreneurship 1

cameroon gce intermediate level 2024 entrepreneurship 1

cameroon gce intermediate level 2024 entrepreneurship 1

The term entrepreneurship means;
A a subject that studies entrepreneurship.
a subject that carries entrepreneurs.
C A process of creating and executing
business ideas.
D A process of calculating business risks
and uncertainties.
8.
B
Business entities where members freely come
together with a common interest are called
A Private limited company.
B Joint stock company.
C Sole proprietorship.
D Corporative .
2. An entrepreneur at best, we say
A takes personal decisions.
B is a business creator.
C is a profit creator.
D is a salary earner.
9.
3. Unincorporated businesses, owned and
managed by individuals are called
A a corporatives.
B a joint stock ventures.
C a public corporations.
D a sole proprietorships.
The research and development department in
business organisations is designed to
A determine the cost of production.
B identify the need of consumers.
C create new products.
D create a good public image.
10.
4. One of the importance of entrepreneurship to
the individual is that
A it provides a source of income.
B it leads to economic development.
C it leads to infrastructural development.
D it creates employment in the society.
Which of these factors of production is the
most limited in supply?
A Labour.
B Land.
C Capital.
D Entrepreneur.
11.
5. One Internal factor in a business that is
relevant for the success of intrapreneurship are
A Management support.
B Competition.
C Prices.
D Inflation.
Leaders whose influence comes more from
their personality traits than their position are
known as
A a functional leader.
B a situational leader.
C a charismatic leader.
D an appointed leader .
12.
6. One exception among the following is that an
A Intrapreneur is an employee while an
entrepreneur is an employer.
B Intrapreneur provides capital while an
entrepreneur owns capital.
C intrapreneur earns salary while an
entrepreneur earns profit.
D Intrapreneur works from within while
an entrepreneur woks from without.
13. Social entrepreneurs focus on
A meeting consumer’s needs and making
profit.
B identifying community problems and
providing solutions.
C the social life of the people.
D the social life of the entrepreneur.
Hindrances to entrepreneurship in Cameroon
are relates to
A High quest for leisure.
B Capital formation in Cameroon.
C The use of local resources in Cameroon.
D Increasing standard of living in
Cameroon.
14. A major characteristic of an entrepreneur is to
A Select calculated risk ventures.
B Choose low risk ventures.
C Select no risk ventures.
D Choose high risk ventures.