QUESTION 1

There is no magic method for entrepreneurship. Though there are numerous different and successful approaches to business achievement, it is the power of good entrepreneurial qualities that will finally establish the level of performance a particular business venture will attain.

(a) Clarify any FIVE entrepreneurial qualities of a successful business enterprise.

(b) Examine how key success factors, such as sustainability, profitability and the customer base, can influence overall performance of any business venture.

QUESTION 2

(a) Clarify ‘Care to Ecology and Environment' as a social responsibility of an entrepreneur.

(b) Elucidate a term ‘Personal Financing'.

(c) What is the ‘Feasibility Plan'? State any four features of feasibility plan.

QUESTION 3

(a) List any six problems faced by new entrepreneurs.

(b) Describe the uses of Project Report for-

1. An entrepreneur

2. Government

3. Financial institutions