Cape Entrepreneurship Unit 1 paper 2
INSTRUCTION: Read EACH mini case and answer the questions that follow. MODULE 1: ENTREPRENEURIAL MINDSET Case 1: The Aluminium Alumni Kemiah, Davion, Vashti and Peter met at their school reunion after ten years and excitedly discussed their lives since graduation. Kemiah was a natural risk-taker who owned a minimart, had minority shares in an agro-processing company and majority shares in a vegan restaurant. Davion gushed with pride as he explained how, despite his loan applications being denied by four banks and two credit unions, he had successfully opened his own barbershop one month earlier Vashti boasted about all the money she would make with the handicraft shop she was planning to open, since both of her parents already owned successful businesses. Peter was the supervisor at a leading hardware store but was planning to open his own hardware store in the following year. He wanted to complete 11 years at his job. so that he could receive his gratuity payment from the compan...