0450-20-m-j-21-1a
Manas
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PAPER 2 PAST YEAR QUESTIONS
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Manas
January 25, 2024 at 8:03:09 PM
Mokashi
IGCSE
2020
May/June Version 1
Question
1(a)
YOUR ANSWER
Characteristic 1: Risk-taking is a characteristic that helped Simon become a successful entrepreneur as without him leaving his job, he wouldn't have been able to start his own business and earn profits by investing and risking his own money.
Characteristic 2: Simon by hardworking can turn his start up into a successful business by working long hours to produce more of his healthy drinks and manage his business effectively. This will help him maximize his output
Characteristic 3: Simon will need to be creative to develop and create new ideas for drinks, this will help him diversify his business and attract more customers form his competitors and increase his market share.
Characteristic 4: Simon needs to have good analytical skills so that he can properly evaluate the costs of the 2 new drinks and make the best choice which makes him the most profit. Helping him to create a successful business.
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