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Paper 2 · November 2022 · Enterprise Skills

An enterpriser is a person who

Astarts a venture, organises its resources and carries its risk.
Bis employed to supervise the workers on the production line each day.
Clends money to a venture and is paid interest in return.
Dinspects a venture on behalf of the government of the day.

Explanation

The enterpriser sees the opportunity, brings land, labour and capital together to exploit it, and accepts the loss if the judgement proves wrong. A retrenched worker who uses her exit package to start farming is doing exactly that, since nobody guarantees her a return.

Derived from ZIMSEC Business Enterprise Skills Paper 2, Nov 2022, Q1

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