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CXC CAPE · · Management of Business

Entrepreneurship and the business plan
Practice Questions

40 CXC CAPE Management of Business questions on Entrepreneurship and the business plan, each with instant feedback and a full examiner-style mark scheme.

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✨ Revision guide includes key terms, worked examples and exam technique for Entrepreneurship and the business plan.

Try 2 sample questions on Entrepreneurship and the business plan

Question 1 · 1 mark · Difficulty 1/3

What distinguishes an entrepreneur from a salaried manager?

  1. The entrepreneur works longer hours
  2. The entrepreneur must own premises
  3. The entrepreneur organises the other factors of production
  4. The entrepreneur bears the financial risk of the venture
Show answer & explanation
✓ Answer: DThe entrepreneur bears the financial risk of the venture
Award 1 mark. A manager also organises resources but is paid whatever happens. Profit is the residual return and may be nothing.
Question 2 · 1 mark · Difficulty 1/3

What is an intrapreneur?

  1. An investor who funds start-ups
  2. An entrepreneur who operates internationally
  3. An employee who develops new ventures within an existing organisation
  4. A manager promoted from within the business
Show answer & explanation
✓ Answer: CAn employee who develops new ventures within an existing organisation
Award 1 mark. The business gains innovation without losing the employee, and the intrapreneur gains resources without personal financial risk.
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20 questions · 25 min · free

CXC CAPE Management of Business: Entrepreneurship and the business plan FAQ

Is Kramizo free for CXC CAPE students preparing for Management of Business?
Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Entrepreneurship and the business plan practice with other Management of Business topics or even switch to a totally different CXC CAPE subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Entrepreneurship and the business plan questions aligned to the official CXC CAPE Management of Business syllabus?
Every question is written against the published CXC CAPE Management of Business specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CXC CAPE paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CXC CAPE.
How is Entrepreneurship and the business plan typically tested on CXC CAPE Management of Business papers?
Entrepreneurship and the business plan appears across multiple question types on real CXC CAPE Management of Business papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

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