1. What can you say about the activity? In your observation and investigation to the small business what are the common characteristics in their strategies and procedures, what type of business they are engaged in?
2. In the future how can you see yourself? Are your career professional or an entrepreneur? If entrepreneur, what type of business would you like to create? Why? Explain? Do you have any experience putting up a small business or family business?
3. What would be the contribution of their plan in an improving economy?
Answers & Comments
Answer:
1. Of the hundreds of thousands of business ventures that entrepreneurs launch every year, many never get off the ground.
2.What Is an Entrepreneur?
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards.
3.Economic growth is measured by an increase in gross domestic product (GDP), which is defined as the combined value of all goods and services produced within a country in a year. Many forces contribute to economic growth.