Question: Entrepreneurship QUESTION 3 A. With relevant examples differentiate between the following concepts; i innovation and creativity (5 marks) ii. social entrepreneurship and family business (5

Entrepreneurship

QUESTION 3 A. With relevant examples differentiate between the following concepts; i innovation and creativity (5 marks) ii. social entrepreneurship and family business (5 marks) B. Explain three reasons that account for the difficulty of entrepreneurs to obtain finance in Ghana (15 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

QUESTION 1 Explain how start-up enterprises can use creativity and innovation in their service and product development to help them to gain competitive advantage and to ultimately become successful....

QUESTION 3 A. With relevant examples differentiate between the following concepts; i. innovation and creativity (5 marks) ii. social entrepreneurship and family business (5 marks) B. Explain three...

Evaluation and Control in Strategic Management Evaluation and control information consists of performance data and activity reports (gathered in Step 3 in Figure 11-1). If undesired performance...

Do any one (1) Question 1 a. Explain with examples Four (4) of the key principles of entrepreneurship? (8 Marks b. Using examples, differentiate between the terms creativity and innovation. (6 Marks)...

Answer any TWO questions Word Limit 1,000 words per question Question 1 How can innovation and creativity help a small firm achieve business success? Use examples to explain your answer. (100 marks)...

1. a. Explain the steps of the creative process. ( 15 marks). What can an entrepreneur do to enhance creativity? ( 3 marks) b. Discuss the 3 advantages and 3 disadvantages of franchising for the...

FACULTY OF COMMERCE, MANAGEMENT AND LAW Page 11 of 14 Assignment 1: Answer ALL Questions Kindly note that all questions must be explained using relevant examples. No adherence may lead to...

Question 1 : (16 marks) Describe the accounting process to show what accountants and bookkeepers do in practice. You might include a diagram as well to show the steps involved in the accounting...

QUESTION ONE - ANSWER ALL PARTS PART A Oven Pies Ltd plans to buy a delivery van to distribute pies from the bakery to various neighborhood shops. It will use the van for three years. The expected...

Please attemp the question I have attached and I have guideline for the answers.For question 3,difference between tax evasion and avoiddance can be found in seminar 2 slides.Tax avoidance mean the...

A process consists of five perfectly stirred tanks in Series. The volume in each tank is 30 L, and the volumetric flow rate through the system is 5 L/min. At some particular time, the inlet...

What is the approximate average velocity of the race cars during the Indianapolis 500?

The internal auditor for the ABC Group recently ran a computer audit test that showed that XYZ Company, one of the company's listed vendors, doesn't have a telephone number or a tax ID number. Of the...

A company is preparing completing their Cash Budget. The following data has been prepared for cash receipts and payments. January February March Cash receipts $1,061,200 $1,182,400 $1,091,700 Cash...