Creativity and Innovation

Define the following terms as used in entrepreneurship: a) Creativity b) Innovation

State four reasons why innovation is important for entrepreneurs.

List any five cultural habits that promote entrepreneurial development.

Outline four cultural factors that may inhibit entrepreneurial development.

Provide the procedure for starting a business as outlined in entrepreneurial studies.

Describe three ways an entrepreneur can generate a business idea.

Explain the importance of conducting a personal evaluation before starting a business.

What is a SWOT analysis and why is it important in entrepreneurship?

List four aspects that must be evaluated during the market evaluation of a business idea.

State any four characteristics of a good business idea.