a. Define entrepreneurship and entrepreneurs. The students should provide 3 definitions of entrepreneurship and 2 definitions...

  

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a. Define entrepreneurship and entrepreneurs. The students should provide 3 definitions of entrepreneurship and 2 definitions of an entrepreneur using relevant literature. They are required to briefly explain each definition. (40 Marks) b. Describe one economic, one technological and one social contribution of entrepreneurship in the context of Oman. (9 Marks) C. SME Support Systems in Oman (The students should identify 3 SME support systems in the Sultanate of Oman and describe i. the kind of ventures they support; ii. the amount of finance/funding they provide; and iii. the qualifying criteria.) (18 Marks) d. Briefly discuss 5 key challenges that an entrepreneur in Oman encounters in setting-up and running a small business (10 Marks) a. Define entrepreneurship and entrepreneurs. The students should provide 3 definitions of entrepreneurship and 2 definitions of an entrepreneur using relevant literature. They are required to briefly explain each definition. (40 Marks) b. Describe one economic, one technological and one social contribution of entrepreneurship in the context of Oman. (9 Marks) C. SME Support Systems in Oman (The students should identify 3 SME support systems in the Sultanate of Oman and describe i. the kind of ventures they support; ii. the amount of finance/funding they provide; and iii. the qualifying criteria.) (18 Marks) d. Briefly discuss 5 key challenges that an entrepreneur in Oman encounters in setting-up and running a small business (10 Marks)

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a Definitions of Entrepreneurship 1 According to Schumpeter 1934 Entrepreneurship is the process of creative destruction where entrepreneurs introduce new products services or business models that dis... View the full answer