1. FIVE reasons why creative thinking and innovation is important to entrepreneurs. 2. Explain factors that you have to include in your environmental scanning when choosing a business location. 3. A contract is a written, spoken or tacit (understood) agreement between two or more people, which is intended to be enforceable by law. Name FIVE elements of a contract that you should include for your business.
1. FIVE reasons why creative thinking and innovation is important to
entrepreneurs.
2. Explain factors that you have to include in your environmental
scanning when choosing a business location.
3. A contract is a written, spoken or tacit (understood) agreement
between two or more people, which is intended to be enforceable by
law. Name FIVE elements of a contract that you should include for your
business.
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Entrepreneur- A person who starts a new firm, taking on the majority of the hazards and reaping the majority of the gains, is known as an entrepreneur. Entrepreneurship is the practice of launching a company. The entrepreneur is frequently viewed as an inventor, a provider of fresh concepts for products, services, businesses, and operational methods. Entrepreneurs are essential to every economy because they have the knowledge and drive to foresee requirements and sell viable fresh concepts. Entrepreneurship that succeeds in assuming the dangers inherent in founding a firm is awarded money, notoriety, and chances for growth in the future.
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