Quelpr
12 marksThe Nature and Characteristics of Entrepreneurship

CAPE Management of Business Unit 2 · 2014 · Paper 2 · Question 6(b)(ii)

Carl operates a small landscaping enterprise. He displays spendthrift and ill-tempered behaviors and fails to maintain proper accounting records.

Discuss how the THREE characteristics displayed by Carl may prevent him from becoming a successful entrepreneur.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 6(a)(i)Define the term 'entrepreneurship'.[2 marks]
  2. 6(a)(ii)Identify THREE characteristics of a successful entrepreneur.[3 marks]
  3. 6(a)(iii)State ONE advantage and ONE disadvantage of being an entrepreneur.[2 marks]
  4. 6(b)(i)Explain TWO benefits that Carl would enjoy if he were to borrow money from his family or friends to start his landscaping business.[6 marks]

More practice: the rest of this paper · more The Nature and Characteristics of Entrepreneurship questions · all CAPE Management of Business Unit 2 past papers