Answered step by step
Verified Expert Solution
Question
1 Approved Answer
a. Define entrepreneurship and entrepreneurs. The students should provide 3 definitions of entrepreneurship and 2 definitions of an entrepreneur using relevant literature. They are
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)
Step by Step Solution
★★★★★
3.37 Rating (153 Votes )
There are 3 Steps involved in it
Step: 1
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...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started