Paper 1 · Enterprise Skills
One role an entrepreneur plays in the Zimbabwean economy is that they
Aissue the currency used for everyday transactions
Bcreate employment and add to national output
Cset the interest rates charged by commercial banks
Ddecide the level of taxation applied to businesses
Explanation: An entrepreneur combines the other factors of production into a working business. In doing so jobs are created, goods and services are added to national output, and tax revenue is generated. Interest rates, tax rates and the issue of currency are decisions for the central bank and government, not for a business owner.
Derived from ZIMSEC Business Enterprise Skills Paper 1, Specimen Paper (edition A), Q1