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2 marksThe Nature and Characteristics of Entrepreneurship

CAPE Management of Business Unit 2 · 2008 · Paper 2 · Question 5(a)

Suzie Que, a business administration graduate recently laid off from a multinational corporation, plans to establish her own janitorial services business in the Fast Town commercial district.

Explain what is meant by the term 'entrepreneurship'.

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Other parts of this question

  1. 5(b)Outline FOUR characteristics that Suzie should possess in order to be a successful entrepreneur.[8 marks]
  2. 5(c)Discuss THREE opportunities and TWO challenges that Suzie may face if she decides to set up her business.[15 marks]

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