2 marksThe Nature and Characteristics of Entrepreneurship

CAPE Management of Business Unit 2 · 2013 · Paper 2 · Question 5(a)

Mrs French was laid off and plans to establish her own janitorial services business in Cashville.

Explain what is meant by the term 'entrepreneur'.

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

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