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DigiTransact Mastermind
Business ManagementEntrepreneurship & Marketing

Entrepreneurship and Small Business

Senior High 6 questions
AI-drafted from platform data — specialist review scheduledBy DigiTransact Mastermind editorial team
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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.

Question

A person who sets up a business and takes on the risk in the hope of profit is a(n):

  • Entrepreneur
  • Employee
  • Creditor
  • Auditor
Answer: Entrepreneur

Working: An entrepreneur organises resources and bears the risk of a business venture in the hope of making a profit.

Curriculum and exam alignment

Ghana GES SHS syllabusWASSCE

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

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

This text was drafted with AI assistance from the questions and topics already stored on the platform. A subject-specialist review is scheduled but has not yet been recorded, so we do not claim it here.

Written by
DigiTransact Mastermind editorial team
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6 questions with a worked answer after every attempt, and a SmartScore that tracks how close you are to mastery.

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