Question: 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

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. Your explanation should include real-world examples and relevant statistics to support your answer (25 marks) QUESTION 2 Discuss any five funding strategies that entrepreneurs can utilise as financial assistance during the developmental phase of an enterprise or business and briefly explain the importance of these strategies (25 marks) 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) o

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