CSEC Principles of Business · May/June 2013 · Paper 2 · Question 4(b)(ii)
Describe TWO roles of an entrepreneur.
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- 4(a)(i)Identify THREE sources of capital for Janice to start her business.[3 marks]
- 4(a)(ii)Define the term 'collateral'.[2 marks]
- 4(a)(iii)List TWO examples of collateral.[2 marks]
- 4(b)(i)Identify THREE personal traits which Janice should possess in order to be successful in business.[3 marks]
- 4(c)Discuss TWO factors which Janice must consider when deciding whether she should set up a sole proprietorship or a partnership business.[6 marks]
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