PART B
ANSWER ANY TWO QUESTIONS FROM THIS SECTION
Discuss the benefit of entrepreneurship and justify how entrepreneurship could be a solution to Ghana’s
socio-economic problems? Touch on at least five (5) tangible reasons.) (15marks)
2. State and explain any five (5) specific issues to consider when choosing among the legal forms of
business and show which form of business may be appropriate given a particular factor (15marks)
3. a) Describe what is meant by a business plan and explain any four (4) purposes for a business plan. (8
marks)
b) Sources of Finance available to businesses could be classified into Equity and Debt financing. Describe
with examples Equity financing and explain how it might affect your business plans/activities if you
accept one in your business/investment? (7marks)
4. Entrepreneurship or small business seem to be growing in recent times than before. Discuss any five
(5) factors that may have contributed to this development and show how the factor may have
accounted for the growth (15Marks)