Commerce and Accounting · JCE / Types of business
StructuredPast exam questionForm 3 · JCE
Kabo is an entrepreneur. He used his personal savings to start a poultry farm. He supplies retailers with eggs.
- aDescribe any two essential qualities which Kabo should possess to become a successful entrepreneur. [4]
- bAfter three years Kabo expanded his business. He had a choice of either using his personal savings or obtaining a government loan. Explain one advantage and one disadvantage of using any one of the two methods of financing a business. [4]
You'll mark your own answer against the marking guide when you hand it in.
Source: BEC JCE Commerce and Accounting 2020, Paper 2, Question 1
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