(a) List four career opportunities available to a student of commerce. (b) State two functions of an entrepreneur. (c) Explain the following activities givi...

(a) List four career opportunities available to a student of commerce.

(b) State two functions of an entrepreneur.

(c) Explain the following activities giving two examples of each:
i. extractive industry
ii. construction industry;
iii. manufacturing industry;
iv. tertiary industry.

Answer Details

a) Four career opportunities available to a student of commerce include:

1. Accountant
2. Business analyst
3. Marketing manager
4. Financial analyst

b) Two functions of an entrepreneur are:

1. Identifying business opportunities and creating new products or services to meet customer needs.
2. Taking calculated risks to start and grow a business.

c)

1. Extractive industry: involves the extraction of natural resources such as minerals, oil, and gas from the earth.

Example: Mining, oil drilling.

2. Construction industry: involves the building of physical structures such as houses, buildings, roads, and bridges.

Example: Construction of a new apartment complex, building a bridge.

3. Manufacturing industry: involves the production of goods through the use of raw materials and machinery.

Example: Production of cars, electronics.

4. Tertiary industry: involves providing services to customers, such as retail, transportation, finance, and healthcare.

Example: Opening a restaurant, starting a transportation company.