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CAPE Management of Business Unit 2 · 2012 · Paper 2 · Question 6(b)

Miss Enterprise has completed studies in Early Childhood Education and wishes to open a nursery and after-care business for children aged 6 months to 3 years.

Identify FOUR factors that Miss Enterprise must take into consideration if her business is to succeed and discuss the importance of EACH factor to the success of the business.

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Other parts of this question

  1. 6(a)(i)Define the term 'entrepreneur'.[2 marks]
  2. 6(a)(ii)Outline THREE characteristics of a successful entrepreneur.[6 marks]

More practice: the rest of this paper · more Challenges and Opportunities Faced by Small Businesses questions · all CAPE Management of Business Unit 2 past papers