cameroon gce intermediate level 2025 entrepreneurship 1
cameroon gce intermediate level 2025 entrepreneurship 1
- Which of the following is credited with popularizing the term entrepreneur in the 19th century?A. Richard CantillonB. Peter Drucker
C. Jean-Baptiste Say
D. Joseph Schumpeter
- An entrepreneur is a catalyst ofA. social change.B. political change.
C. cultural change.
D. developmental change.
- The economist who emphasized the importance of risk-taking and innovation in entrepreneurship isA. Joseph Schumpeter.B. Jean-Baptiste Say.
C. Peter Drucker.
D. Richard Cantillon.
- Who amongst the following, view the role of entrepreneurs as that of introducing disruptive innovations?A. Richard CantillonB. Peter Drucker
C. Jean-Baptiste Say
D. Joseph Schumpeter
- The mindset or attitude of people who want to start their own businesses or pursue new opportunities is referred to asA. entrepreneurship.B. entrepreneurial culture.
C. entrepreneurial spirit.
D. intrapreneur.
- The values, beliefs, and practices that encourage and support entrepreneurial behavior within a group or an enterprise is known asA. entrepreneurship.B. entrepreneurial culture.
C. entrepreneurial spirit.
D. intrapreneur.
- A type of entrepreneurship which addresses societal and environmental issues by not focusing on profitability isA. small business entrepreneurship.B. scalable startup entrepreneurship.
C. corporate entrepreneurship.
D. social entrepreneurship.
- Entrepreneurship that occurs within an established company, leading to the development of a new product or service isA. small business entrepreneurship.B. scalable startup entrepreneurship.
C. corporate entrepreneurship.
D. social entrepreneurship.
- A benefit of entrepreneurship for individuals isA. securing financial independence.B. pursuing passion and creativity.
C. having flexible work schedules.
D. creating new job opportunities.
- A major challenge faced when carrying out entrepreneurial activities is theA. difficulty of finding investors.B. lack of innovative ideas.
C. excessive competition in the market.
D. availability of resources.
- Which of the following constraints, faced by entrepreneurs while carrying out their business activities is considered external?A. Remuneration.B. High taxes
C. Risk
D. Work environment
- A formal organization that engages in commercial activities with the primary aim of earning profit is called a/anA. companyB. industry
C. enterprise
D. NGO
- Which of these is a characteristic of an Enterprise?A. Limited scope of operations.B. Lack of innovation and adaptability.
C. Risk-taking and entrepreneurial mindset.
D. Focus solely on profit maximization.
- Choose the word that best describes the main function of an enterprise.A. CollaborationB. Creativity
C. Consumption
D. Profitability
- The following is the criteria commonly used to classify enterprises.A. Legal ownershipB. Sector
C. Size and legal ownership
D. Ownership and economic activity
