Minister of Entrepreneurship urged local entrepreneurs to be creative. Gosego Chombs is one ofthe Forbes delegates 2024. She has approached you to assist her to understand the process ofcreativity in business.a) Briefly identify and discuss each of the five (5) steps of the process of creativity.
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Minister of Entrepreneurship urged local entrepreneurs to be creative. Gosego Chombs is one of
the Forbes delegates 2024. She has approached you to assist her to understand the process of
creativity in business.
a) Briefly identify and discuss each of the five (5) steps of the process of creativity.
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- Vaynerchuk has been quoted as saying that if you live for Friday, get a different job. How does this apply to successful entrepreneurs?You have been engaged as a ‘Change Agent (Ambassador)’ at the Marine Engineering Department of the Regional Maritime University (RMU). As part of your responsibilities you are expected to whip the student in line with the current trends in contemporary world of Entrepreneurship. One of the ways in achieving this is to organize seminars for the students. The HOD has tasked you to prepare a paper on the Characteristics of Entrepreneurial Mindset for his perusal. How would you go about this onerous task? You have some ten hours to complete this task so start now.1-What is ecopreneurship, AND how does Ecovision play a role? 2-Outline some specific recommendations for entrepreneurs to consider that promote environmental awareness.
- Determine two factors of P&G (Procter&Gamble) Entrepreneurship: Identify two entrepreneurs and specifically state what each entrepreneur has done to start, grow or maintain the business. (You have the option to exchange one of the entrepreneurs with an intrapreneur who serves in a leadership role within the organization.) Do not stop short by saying the entrepreneurs founded the organization. Do the research and provide meaningful and relevant information for each entrepreneur/intrapreneur that provides detail about the efforts they took to start, grow or maintain the business. Knowledge: Identify two specific uses of technology by the business to start, grow or maintain the business. Do the research and provide robust detail. The best way to locate a wealth of sources is to Google “how does [insert name of the business you selected] use technology to start, grow or maintain the business”.1 write five (5) main issues (problems, challenges, solutions) facing entrepreneurs in your personal context?Expound on this and explain why it is an important profile of a social entrepreneur: "Entrepreneurship motivation, as a motor to change society; it is not giving fish, nor teaching how to fish but changing the fishing industry"
- In 5 sentences explain the significance of "prior knowledge" to the entrepreneurs ability to "identify or recognize opportunities." What does it mean that prior knowledge is gained through (a) education and (b) experience? Explain your answer in 3sentences each.1. Using problem ideation approach, identify business ideas.Identify at least 5 societal problems then think of a business idea relatedto your field of discipline that will solve the problem. Briefly describe theproblem as well as the business idea. 2. Based on the four criteria: attractive, achievable, durable and value creating, selectthe best idea. Explain why you think the business idea is attractive, achievable,durable, and value.Make a research about three challenges that young entrepreneurs faces today.
- To the new millennials, a career for life or working for others are no longer attractive options. It is getting increasingly popular for them to strike out on their own as an entrepreneur. Discuss any 4 factors that are feeding this entrepreneurial fire.What are the sources of new ideas for an entrepreneurs? Explain.1. Explain the McMullen-Shepherd Model. 2. Identify and define the four types of questions/tasks related to increasing cognitive ability. 3. Describe sustainable entrepreneurship and give examples of economic, environmental, and social gains it can generate for others. 4. Entrepreneurs act on opportunities. The entrepreneur does not generally act without thinking. Hisrich discusses alternatives ways an entrepreneur thinks. Describe the difference between a causal thought process and an effectuation thought process. 5. Define superficial similarities and structural similarities. Which of the two is considered the more challenging for entrepreneurs? Explain.
