ESTABLISHING A BUSINESS TEST

Who is an "entrepreneur"?

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OFF

List THREE reasons why an individual would want to start their own business.

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OFF

Outline TWO roles of the entrepreneur in economic development.

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OFF

Explain the role of the entrepreneur in 'planning'.

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OFF

Outline THREE areas in a typical business plan

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OFF

Explain the importance of conducting a feasibility study

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OFF

Sources of information already published can be used for market research by companies. This is termed

• Primary Sources

• Secondary Sources

• Qualitative Data

• Quantitative Data

People who conceptualize and undertake the risk of starting a business venture are specifically

• Superiors

• Managers

• Subordinates

• Entrepreneur

The condensed version is contained in the:

• Feasibility Plan

• Marketing Plan

• Keynote Summary

• Executive Plan

Cash used to secure a loan at the bank is referred to as

• Collateral

• Fixed deposit

• Fixed Assets

• Current Assets