Entrepreneurship and Small Business
What entrepreneurship and small business means
The entrepreneur, the business plan and starting a small business in Ghana.
Worked example
One question from this skill's own question bank, shown with its full working.
A person who sets up a business and takes on the risk in the hope of profit is a(n):
- Entrepreneur
- Employee
- Creditor
- Auditor
Working: An entrepreneur organises resources and bears the risk of a business venture in the hope of making a profit.
Curriculum and exam alignment
Curriculum notes are a general guide to where this work normally sits. Always check the syllabus your school or examination body is currently using.
Related skills
Other Entrepreneurship & Marketing skills in Business Management, at the same point in the course.
Other Business Management topics
Related study guides
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Exams that assess entrepreneurship and small business
Senior High work on this skill feeds directly into these exam papers. Each page lists the Business Management topics that appear on it.
How this page was produced
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Practise entrepreneurship and small business
6 questions with a worked answer after every attempt, and a SmartScore that tracks how close you are to mastery.
