Sabrina was bored with her job in a clothing factory. Her main passion was fashion and she had always been good at selling since helping her father on his market stall. She encouraged her parents and some friends to invest in her idea for opening a shop selling good quality ladies clothes. Sabrina, as the entrepreneur behind the idea, was prepared to risk her own savings too. She had some exciting ideas for the shop layout and presentation of clothes.
a) What is meant by entrepreneur? [2]
b) Identify two benefits to Sabrina of starting her own business. [2]
- Benefit 1:
- Benefit 2:
c) Identify and explain two characteristics that Sabrina seems to have that might lead to the success of her business. [4]
- Characteristic 1:
- Characteristic 2:
d) Identify and explain two benefits to Sabrina of keeping her business small. [6]
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A. Entrepreneur: “A person who starts a business and is willing to risk loss in order to make money.”
B. 1. She got self-relaint.
2. Started Getting More Income Then In Her Job.
C. 1. She Took Risk, which lead her in a successful life.
2. She Did That Work in Which Her Passion was.
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