Ordinary level 2026 South West mock entrepreneurship 2

This question is based on the creation of a business of your choice. You are required to place yourself as a potential Entrepreneur as you carry out the exercise below:

a) (i) What is a business plan? (2 marks)
(ii) State and explain three (3) reasons why a business plan is important to an entrepreneur (6 marks)
(iii) Identify any two (2) business activities of your choice (2 marks)
b. Create a business plan for your chosen business. (Ensure to effectively follow the components of the business plan in detail) (30 marks)

(Total 40 marks)

Recently, the Cameroon government has been encouraging so many youths into the creation and management of Small and Medium Size enterprises-SMEs.

a. i-Define Small and Medium Size enterprises? (2 marks)
ii- Explain three (3) advantages of Small and Medium Size enterprises-SMEs. (6 marks)
b. State and explain three (3) challenges faced by SMEs in Cameroon. (6 marks)
c. i-Name any three (3) internal sources of finance and three (3) external sources of finance of SMEs. (6 marks)

(Total 20 marks)

Entrepreneurs are catalysts of the social and economic development of every country.

a. i-Define an Entrepreneur. (2 marks)
ii- State and explain any four (4) types of entrepreneurs. (8 marks)
b. What is the meaning of
i-Entrepreneurial profiling (2 marks)
ii-Entrepreneurial profile (2 marks)
c. Explain the stages of the Entrepreneurship process. (6 marks)

(Total 20 marks)

For any business to be created and launched, it initially begins from a series of business ideas. These ideas pass through other processes, and at times only one or two business idea is selected as the business opportunity in the business environment.

a.i-What is a business idea? (2 marks)
ii-Outline any four (4) sources of business ideas. (4 marks)
iii- Classify the following elements under Methods of generating business ideas and Methods of analyzing business ideas: – Mind mapping, market research, feasibility analysis, brainstorming, focus group, competitive analysis, creating word bank, SWOT analysis. (4 marks)
b. i-State any four (4) users of the business plan. (4 marks)
ii-Define feasibility study (2 marks)
iii-Outline any four (4) components of feasibility study. (4 marks)

(Total 20 marks)

PDF is loading please wait...