Entrepreneurship Supplementary NCV Level 2 — Document

March 2018 — NCV Level 2 — Entrepreneurship Supplementary

NCV Level 2 2018 NCV Business

↓ Download PDF 📄 228.5 KB

Preparing document

📋 Document Analysis

🎯 10 marks 📄 8 pages 📝 52 items found 📚 5 topics

See full analysis

Questions — A Preview of What to Expect in the Document

This section provides a quick preview of questions from the document. It may not display every question or the complete wording of each one. For the full content, including diagrams, tables and other information, view the original PDF above.

Q1— Section header —

1.1The characteristics of an entrepreneur include self actualisation

1.2he ability that helps to do someth ing new, original and different innovation

1.3regarded as ONE of the threats in the SWOT analysis. Lack of certain skills Lack of busi

1.4do/ does NOT prevent people from buying products or services.

1.5perform. Designing Marketing Targeting Surveying

1.6/are regarded as a way used by an entrepreneur to communicate with the market. Selling Promotions

1.7What information about a company is pu blished by the news media? Publicity Public relations Sales

1.8is /are NO T included in the marketing mix. The p

1.9The a brief and concise description of the purpose mission strategy

1.10In the strategy what you need how you will make money

1.11This involves delega ting responsibilities to others: Know why you delegate Give clear instruction

1.12A list of intended events and their time frames Questionnaire Schedule Action plan

1.13is consider ed as one of the stages of planning Being flexible

1.14is regarded as an asset that is used by a business.

1.1When the price is increased and demand remains the same, then the demand elastic. inelastic. regulated.

Q2— Section header —

2.15\the ANSWER BOOK. eadlines beliefs and customs political forces; profit; organising skill technical skill; financial control;

2.1are a characteristic of an entrepreneur which involves organising people, assets, equipment and stock.

2.2Lack of this factor leads to the success or failure of an entrepreneur.

2.3It is one of the challenges found in the external environment.

2.4It is the process of idea generati on involving more than one person.

2.5and marketable.

2.6the target market.

2.7The is the difference between the cost price and selling price of a product.

2.8These are the costs that cannot be put down to a particular product.

2.10the vari able cost has been deducted. (3021042\ NC1240 (E\

2.12Gives details of the equipment needed.

2.1415

3.1

3.2

3.3ales of Glenda's products are influenced by the price on each product. Name FOUR factors which will influence her pricing

3.4

3.5Explain how the following factors might impact on Glenda's operations

3.5.1Attitude

3.5.2

3.6A good management skill is necessary in all businesses. Name FOUR management functions. (4\

3.7

3.842

Q4— Section header —

4.1Proper planning is important to Glenda. Explain to her the following term

4.1.1Prioritising task

4.1.2

4.2Discuss FOUR of the factor that would fall under the description of Glenda 's business

4.3

4.4.1What form of business does Glenda have

4.4.2Give ONE reason for the answer to

Q4— Section header —

Q5— Section header —

5.1Variable costs

5.2Fixed costs (4\

5.3Total costs (3 [10] TOTAL SECTION B: GRAND TOTAL: 70 10010

Topics Identified

Business EnvironmentsForms of OwnershipBusiness FunctionsLeadershipBusiness Plan

Mark Allocation

Total70 marks

Sections15 + 15 + 42 + 18 + 10 = 100 marks

Paper information

TitleDocument

SubjectEntrepreneurship Supplementary

LevelNCV Level 2

Document typeQuestion paper

Year2018

MonthMarch

Pages8

Downloads1

Examination context

Decade2010s

Years ago8y

SeasonAutumn (SH)

Start dayThursday

Exam periodMarch 2018

Days since exam3,148

About Entrepreneurship Supplementary examination preparation

This TVET examination resource can be used as part of a structured revision programme. Past papers are most useful when learners attempt questions independently, work within a realistic time limit, and review their answers afterwards.

How to use this resource for revision

A TVET past examination paper is most useful when it is treated as an active revision exercise. Try the questions yourself before checking the corresponding memorandum. Where you make an error, identify the reason — was it a knowledge gap, a calculation mistake, an interpretation issue, or an examination technique problem?

For stronger examination practice, complete the paper without unnecessary interruptions and keep track of the questions that take the most time. Afterwards, review the memorandum and separate knowledge gaps from mistakes caused by interpretation, calculation, structure, or examination technique.

understanding question requirements

applying subject knowledge

working under time constraints

checking answers

identifying revision priorities

A practical revision approach

Start by completing the resource without looking at the memorandum. Review incorrect and incomplete answers afterwards and make a short revision list based on the areas that caused difficulty.

File details

File size228.5 KB

Pages8

Archived on8 September 2026

File age48d

ContributorFreeMode

FingerprintEB0A4D7B4405

Questions and learner discussion

No questions or discussions have been posted yet.