Question
answer the questions in detail . 5 marks each 1.Discuss the role of an entrepreneur as perceived by the Organization for Economic Co-operation and Development
answer the questions in detail . 5 marks each
1.Discuss the role of an entrepreneur as perceived by the Organization for Economic Co-operation and Development (OECD).
2.What is the difference between entrepreneurship and small business?
3 . 'Business Cannibalism' is common in Fiji. Describe using examples as to how it occurs among road-side vendors and other micro business operators
4.How does entrepreneurship support growth and economic development in developing countries?
5.Discuss how entrepreneurship harness and sustain growth and development in a depressed economic region such as Labasa.
6.Discuss one of the sources of innovation suggested by Peter Drucker and how it can be applied in Fiji.
7.Describe two product innovations exemplified in the Fijian financial sector.
8.Discuss the two schools of thought in business planning.
9.Discuss some of the benefits of business planning for a small business operator?
10.Discuss the phrase "thinking outside the box" and how does it relate to entrepreneurship.
11.How could creativity and innovation be encouraged within an organization?
12.Why is it important to undertake market research though it can be a very expensive exercise?
13.Discuss the first task to be considered by a new start-up company wanting to establish a dalo processing chips in Nasinu.
14.Discuss one of the business strategies commonly used by most businesses in Fiji particularly those going into joint ventures.
15.What would be the most important consideration before starting a business in a very competitive environment?
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