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HEE 2223: MANAGING ENTERPRISE GROWTH
| Institution | JOMO KENYATTA UNIVERSITY OF SCIENCE AND TECHNOLOGY |
| Course | BACHELOR OF ENTERPRE... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | stephen oyake rabilo |
| File Type | |
| Pages | 12 Pages |
| File Size | 186.8 KB |
| Views | 1776 |
| Downloads | 0 |
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Description
An entrepreneur is an individual who identifies business opportunities, takes calculated risks, and organizes resources to turn innovative ideas into successful ventures. Entrepreneurs are characterized by their ability to innovate, adapt to change, and assume responsibility for the outcomes of their ventures.
Business Person Definition:
A business person is a professional involved in various aspects of business activities, which may include planning, organizing, directing, and controlling resources to achieve organizational goals. Unlike entrepreneurs, business persons may focus on established enterprises and managerial roles.
1.2 Differentiating Between Entrepreneurial Ventures and Business Ventures
Entrepreneurial Ventures:
These are ventures initiated by entrepreneurs, emphasizing innovation, risk taking, and the pursuit of new opportunities. Entrepreneurial ventures often involve creating something new, disrupting existing markets, and pushing the boundaries of traditional business.
Business Ventures:
Business ventures refer to a broader category that includes both
entrepreneurial and more established business activities. While
entrepreneurial ventures are a subset of business ventures, the latter encompasses a wider range of business activities, including those driven by stability and continuity.
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Economics Revision Kit notes
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Although the economic orientation keeps changing, the underlying concept remains the same. This revision
kit is in recognition of the fundamental principle that economics is a development and learning is a process.
It is absolutely necessary to have a systematic approach to studies, right up to the examination. A proper
examination strategy is required irrespective of the mode of study.
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Economics-Revision-Kit-ebookskenya.co_.ke_
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Although the economic orientation keeps changing, the underlying concept remains the same. This revision
kit is in recognition of the fundamental principle that economics is a development and learning is a process.
It is absolutely necessary to have a systematic approach to studies, right up to the examination. A proper
examination strategy is required irrespective of the mode of study.
226 Pages
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Entrepreneurship Detailed notes
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1-To introduce the concept of entrepreneurship and explain the process of
entrepreneurial action.
2-To describe how structural similarities enable entrepreneurs to make creative
mental leaps.
3-To highlight bricolage as a source of entrepreneurs’ resourcefulness.
4-To introduce effectuation as a way expert entrepreneurs sometimes think.
5-To develop the notion that entrepreneurs cognitively adapt.
6-To introduce sustainable entrepreneurship as a means of sustaining the natural
environment and communities and developing gains for others.
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ENTREPRENEURSHIP AND COMMUNICATION SKILLS notes
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Entrepreneurship is the process of coming up with new processes or ways of achieving some set objectives.
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ENTREPRENEURSHIP AND COMMUNICATION SKILLS REVISION kit
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This is a complete and precise document with entrepreneurship questions and answers.
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Financial Accounting revision questions
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Compete questions and answers in Financial accounting .
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FINANCIAL ACCOUNTING COMPLETE NOTES
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Accounting is considered the language of business. It has evolved throughout the years as
information needs changed and became more complex. After finishing this article, the reader should
be able to have a general understanding about accounting, be acquainted with the different
definitions, know the different types of information found in accounting reports, and know the
different uses of accounting information.
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FINANCIAL INSTITUTIONS AND MARKETS NOTES
A market can be defined as an organizational device, which brings together buyers and sellers. A financial market is a market which financial assets (securities) such as stocks and bonds can be purchased or sold
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Financial Markets and Institutions FITH EDITION NOTES
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In the 1990s, financial markets in the United States boomed. The Dow Jones Industrial
Index—a widely quoted index of the values of 30 large corporations (see Chapter 8 )—rose
from a level of 2,800 in January 1990 to more than 11,000 by the end of the decade; this
compares to a move from 100 at its inception in 1906 to 2,800 eighty-four years later.
In the early 2000s, as a result of an economic downturn in the United States and elsewhere,
this index fell back below 10,000. The index rose to over 14,000 in July 2007,
but (because of an increasing mortgage market credit crunch, particularly the subprime
mortgage market) fell back to below 13,000 within a month of hitting the all-time high. By
2008, problems in the subprime mortgage market escalated to a full blown financial crisis
and the worst recession in the United States since the Great Depression. The Dow Jones
Industrial Arerage (DJIA) fell to 6,547 in March 2009 before recovering, along with the
economy, to over 11,000 in April 2010.
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