Entrepreneurship questions

1.Differentiate the following set of terms:

a) Brainstorming and business incubation

b) Drone entrepreneurs and imitative entrepreneurs

c) Innovation and invention

d) Bank loan and bank overdraft

e) Microfinance and youth fund

2.a) Argue the case for and against the following business succession strategies

i. Early entry strategy

ii. Delayed entry strategy

b) Describe six factors to consider when developing an effective business succession

strategy

3.a) what is "Business induction"

b) Discuss the types of business incubators that promote the efficiency of

entrepreneurship

c) outline the factors that a business incubator should take into account when deciding

which business to incubate