Entrepreneurial Opportunities in Tourism (Grade 11 NSC Matric Tourism): Quizzes

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Entrepreneurial Opportunities in Tourism
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What is an entrepreneur?

Someone who turns ideas into businesses

Which three qualities must an entrepreneur in tourism have?

Creative, business-minded, honest

What does 'recognising opportunities' mean for entrepreneurs?

Spotting gaps in the market

What financial risk do entrepreneurs accept when starting a business?

They might lose money they invested

How do entrepreneurs use mathematics skills in tourism businesses?

Managing money, pricing, profit, expenses

What does 'visualisation' mean as a thinking skill?

Picturing how ideas will work in practice

Why is understanding cultural diversity important for tourism entrepreneurs?

Helps serve all customers well

What advantage does independence give you when owning a tourism business?

You become your own boss

What should you consider about location when planning your tourism business?

Accessibility, attractions, regulations

What is a business plan?

Document outlining how business will operate

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