BSM 1501

University of South Africa BSM1501 Study Notes. Complete Course

MULTIPLE-CHOICE QUESTIONS Chapter 1 1. Ellen could be regarded as a/an _______ because she came up with the idea of opening a coffee shop. 1) entrepreneur 2) intrapreneur 3) small business manager 4) franchisor Answer: Page 2 of the prescribed textbook: Entrepreneurs have the ability to identify and seize an opportunity and create and develop a business by adding value to the business. They do this by applying resources that include finance, time, effort, people and skills. They are w...