cameroon gce intermediate level 2024 entrepreneurship 2
cameroon gce intermediate level 2024 entrepreneurship 2
1 ) In recent years, the Cameroon government lias been encouraging the entrepreneurial spirit as a means 0f
encouraging industry and reducing unemployment.
| (a) Define the term entrepreneurial spirit. (b) State and explain two types of enlreprcncurships. |
(4 marks) (4 marks) |
| (e) Explain four points to show the importance of entrepreneurship to the Cameroonian economy. (6 marks) | |
| (d) Describe three functions of the entrepreneur, as a factor of production. | (6 marks) |
| 2) Enterprises are created by entrepreneurs as a means of realising their vision. (a) Describe four Departments in an industrial enterprise. (b) State and explain four points to show the importance of an enterprise to an entrepreneur. (c) Explain four problems faced by young entrepreneurs in Cameroon. |
(8 marks) (6 mark) (6 marks) |
| 3) Most businesses in Cameroon usually start at a very small scale and as one man business. This may be because | |
| of the capital needed and lack of business ideas. (a) Name and explain four forms of businesses an entrepreneur can undertake. (b) Explain four characteristics of business enterprises. (c) Give four sources from which an entrepreneur can get business ideas. |
(8 marks) (6 marks) (6 marks) |
4) Most people in Cameroon are not motivated to become entrepreneurs. This is partly because, they lack the
knowledge of the advantages of being an entrepreneur and also because they lack orientation.
(a ) Describe four factors that will motivate you to become an entrepreneur.
( b) Explain four ways by which the Cameroon government encourages entrepreneurship.
(c) Bring out four differences between an entrepreneur and an intrapreneur.
(8 marks)
(8 marks)
(4 marks)
5) Entrepreneurs operate in an environment that is highly competitive and most of them fall out of the market
because of huge competition. Some only survive because of constant innovation.
(a) Explain four points that show the importance of innovation to an entrepreneur.
(b) Describe the macro environment of a business.
(c) Differentiate between creativity and innovation.
(8 marks)
(8 marks)
(4 marks)
6) It is always very necessary for an entrepreneur to carry out a feasibility study and draw up a business plan
before implementing his/her business idea.
(a) Define the term “feasibility study”.
(b)Enumerate six components of a business plan.
(c) Give four points to show the importance of a business plan to an entrepreneur.
(d) Explain three sources of finance available to an entrepreneur.
