Business Studies - 0450 CIE

Enterprise And Entrepreneurship:

Gbogbo ọrọ náà

Every famous company started as one person with an idea and the nerve to risk their own money on it. That person is an entrepreneur, and the ability to spot a need, plan for it and carry the risk is what turns a spare-time hobby into a business that employs others.

In this lesson you will learn the characteristics that help entrepreneurs succeed, what goes into a business plan and why banks insist on one, and why governments are willing to give grants and training to help new firms start up. By the end you will be able to judge whether a person and a plan are ready to launch.

Ebumnobi

  1. Characteristics of successful entrepreneurs
  2. Contents of a business plan and how business plans assist entrepreneurs
  3. Why and how governments support business start-ups, e.g. grants, training schemes

Nkuzi Olu

Gee ntị na nkuzi a na ngwa

Maapụ uche

E seela isiokwu a ka ị hụ otu echiche si ejikọta.

Mepee maapụ uche na ngwa

Kaadị ncheta

Omume ncheta ngwa ngwa n'ihe a na-anwale n'isiokwu a.

Mee omume kaadị ndị a na ngwa

Akwụkwọ Ọmụmụ

New businesses create jobs, bring new products to market and pay taxes that fund a country. That is why governments work hard to encourage them. But many start-ups fail in their first years, usually because of poor planning. Understanding what makes an entrepreneur succeed, and what a good business plan contains, is the difference between a firm that lasts and one that does not.

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Nnyocha Ọmụmụ

Ekele diri gi maka imecha ihe karịrị na Enterprise And Entrepreneurship:. Ugbu a na ị na-enyochakwa isi echiche na echiche ndị dị mkpa, ọ bụ oge iji nwalee ihe ị ma. Ngwa a na-enye ụdị ajụjụ ọmụmụ dị iche iche emebere iji kwado nghọta gị wee nyere gị aka ịmata otú ị ghọtara ihe ndị a kụziri.

Ị ga-ahụ ngwakọta nke ụdị ajụjụ dị iche iche, gụnyere ajụjụ chọrọ ịhọrọ otu n’ime ọtụtụ azịza, ajụjụ chọrọ mkpirisi azịza, na ajụjụ ede ede. A na-arụpụta ajụjụ ọ bụla nke ọma iji nwalee akụkụ dị iche iche nke ihe ọmụma gị na nkà nke ịtụgharị uche.

Jiri akụkụ a nke nyocha ka ohere iji kụziere ihe ị matara banyere isiokwu ahụ ma chọpụta ebe ọ bụla ị nwere ike ịchọ ọmụmụ ihe ọzọ. Ekwela ka nsogbu ọ bụla ị na-eche ihu mee ka ị daa mba; kama, lee ha anya dị ka ohere maka ịzụlite onwe gị na imeziwanye.

  1. Which is a characteristic of a successful entrepreneur? A. avoids all risk B. dislikes new ideas C. willing to take risks D. needs constant supervision Answer: C
  2. A grant given by a government to a new business is: A. a loan repaid with interest B. money that does not have to be repaid C. a tax on profits D. a share of ownership Answer: B
  3. Which section of a business plan helps a bank judge if a loan can be repaid? A. description of the business B. forecast cash flow C. business history D. list of competitors Answer: B
  4. The income an entrepreneur gives up by leaving a job to start a business is the: A. grant B. dividend C. opportunity cost D. overdraft Answer: C
  5. Why do governments support business start-ups? A. to reduce the number of jobs B. to create jobs and tax revenue C. to lower output D. to discourage enterprise Answer: B

Rue ajuju ndi a n'ime ngwa ahu

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