The author has asserted their right to be identified as the author of this work in accordance with the Copyright, Design and Patents Act 1988.

Transcription

1 Macmillan Education 4 Crinan Street, London, N1 9XW A division of Macmillan Publishers Limited Companies and representatives throughout the world ISBN Caribbean Examinations Council (CXC ) The author has asserted their right to be identified as the author of this work in accordance with the Copyright, Design and Patents Act First published 2014 This revised edition published 2016 Permission to copy The material in this book is copyright. However, the publisher grants permission for copies to be made without fee. Individuals may make copies for their own use or for use by classes of which they are in charge; institutions may make copies for use within and by the staff and students of that institution. For copying in any other circumstances, prior permission in writing must be obtained from Macmillan Publishers Limited. Under no circumstances may the material in this book be used, in part or in its entirety, for commercial gain. It must not be sold in any format. Designed by Macmillan Publishers Limited Cover design by Macmillan Publishers Limited and Red Giraffe

2 CAPE Entrepreneurship Free Resources LIST OF CONTENTS CAPE Entrepreneurship Syllabus Extract 3 CAPE Entrepreneurship Syllabus 4 CAPE Entrepreneurship Specimen Papers & Mark Schemes Unit 1 Paper 1 Specimen Paper 64 Unit 1 Paper 1 Mark Scheme 71 Unit 1 Paper 2 Specimen Paper 72 Unit 1 Paper 032 Specimen Paper 92 Unit 1 Paper 032 Key and Mark Scheme 90 Unit 2 Paper 1 Specimen Paper 108 Unit 2 Paper 1 Mark Scheme 115 Unit 2 Paper 2 Specimen Paper 116 Unit 2 Paper 032 Specimen Paper 136 CAPE Entrepreneurship Subject Reports 2015 Subject Report 152

3 Entrepreneurship Entrepreneurship seeks to empower students by providing the knowledge, skills and attitudes to achieve entrepreneurial success in a variety of settings. It places emphasis on the individual s acumen to realise opportunity, assess risk, and apply the skills necessary to transform innovative ideas into viable, sustainable ventures. The CAPE Entrepreneurship syllabus provides students with the mindset that supports creativity and innovation needed to transform ideas into ventures that create value and wealth. The syllabus seeks to fill that void in the continuum from idea generation to venture creation. Several governments, as well as many non-governmental organisations in the region have implemented entrepreneurial initiatives which offer training, tax incentives, funding and start-up support to individuals to assist them in actualising entrepreneurial ambitions. The syllabus apprises students of ways to access these training, technical support, funding and legislative incentives. The syllabus addresses fundamentals of entrepreneurial behaviour and thinking and engages students in practical experiences through idea generation and opportunity identification to implementing, managing and harvesting a venture. The syllabus also acquaints students with the essentials of business ownership, legal and regulatory frameworks, the importance of market research, feasibility analysis and the development of a business model in order to successfully compete in the global marketplace. The syllabus provides a good foundation for further studies in Entrepreneurship, starting and operating a venture and/or becoming an entrepreneurial employee (intrapreneur). The syllabus is divided into two (2) Units. Unit 1: Entrepreneurship Theory Module 1 - The Entrepreneurial Mindset Module 2 - The Entrepreneurial Process Module 3 - Creativity and Innovation Unit 2: Entrepreneurship Practice Module 1 - Essentials of Business Ownership Module 2 - New Venture Planning and Creation Module 3 - Managing and Growing the Venture

4 Caribbean Advanced Proficiency Examination SYLLABUS ENTREPRENEURSHIP Effective for examinations from May June 2015

5 Correspondence related to the syllabus should be addressed to: The Pro-Registrar Caribbean Examinations Council Caenwood Centre 37 Arnold Road, Kingston 5, Jamaica Telephone Number: + 1 (876) Facsimile Number: + 1 (876) Address: cxcwzo@cxc.org Website: Copyright 2013 by Caribbean Examinations Council Prince Road, Pine Plantation Road, St Michael BB11091

6 Contents INTRODUCTION... i RATIONALE AIMS... 2 SKILLS AND ABILITIES TO BE ASSESSED... 2 PREREQUISITES OF THE SYLLABUS... 3 STRUCTURE OF THE SYLLABUS... 3 APPROACHES TO TEACHING THE SYLLABUS... 4 UNIT 1: ENTREPRENEURSHIP THEORY... 5 MODULE 1: THE ENTREPRENEURIAL MINDSET... 5 MODULE 2: THE ENTREPRENEURIAL PROCESS MODULE 3: CREATIVITY AND INNOVATION UNIT 2: ENTREPRENEURSHIP PRACTICE MODULE 1: ESSENTIALS OF BUSINESS OWNERSHIP MODULE 2: NEW VENTURE PLANNING AND CREATION MODULE 3: MANAGING AND GROWING THE VENTURE OUTLINE OF ASSESSMENT ASSESSMENT DETAILS REGULATIONS FOR PRIVATE CANDIDATES REGULATIONS FOR RESIT CANDIDATES ASSESSMENT GRID GLOSSARY OF BEHAVIOURAL VERBS USED IN THE ENTREPRENEURSHIP EXAMINATION... 53

7 First issued in 2013 Amended 2016 Please check the website, for updates on CXC s syllabuses.

8 Introduction T he Caribbean Advanced Proficiency Examination (CAPE ) is designed to provide certification of the academic, vocational and technical achievement of students in the Caribbean who, having completed a minimum of five years of secondary education, wish to further their studies. The examinations address the skills and knowledge acquired by students under a flexible and articulated system where subjects are organised in 1-Unit or 2-Unit courses with each Unit containing three Modules. Subjects examined under CAPE may be studied concurrently or singly. The Caribbean Examinations Council offers three types of certification at the CAPE level. The first is the award of a certificate showing each CAPE Unit completed. The second is the CAPE Diploma, awarded to candidates who have satisfactorily completed at least six Units, including Caribbean Studies. The third is the CXC Associate Degree, awarded for the satisfactory completion of a prescribed cluster of eight CAPE Units including Caribbean Studies, Communication Studies and Integrated Mathematics. Integrated Mathematics is not a requirement for the CXC Associate Degree in Mathematics. The complete list of Associate Degrees may be found in the CXC Associate Degree Handbook. For the CAPE Diploma and the CXC Associate Degree, candidates must complete the cluster of required Units within a maximum period of five years. To be eligible for a CXC Associate Degree, the educational institution presenting the candidates for the award, must select the Associate Degree of choice at the time of registration at the sitting (year) the candidates are expected to qualify for the award. Candidates will not be awarded an Associate Degree for which they were not registered. i