Entrepreneurship pdf notes module 1 6. Entrepreneurial Traits, Skills and Abilities. Unit 4 Assignment Preparation. In the economic development context, entrepreneurship is seen as the fourth factor of production which involves identifying a business opportunity and organizing on ways of utilizing the opportunity to achieve the set objectives. Entrepreneurship is a process of actions of an entrepreneur who is a person always in search of something new and exploits such ideas into gainful opportunities by accepting the risk and uncertainty with the enterprise. CO_Q1_Entrepreneurship SHS Module 1 1 Entrepreneurship is defined as the willingness and ability of an individual (or a group of individuals) to seek out investment opportunities, especially through innovation, establish and run the enterprise successfully. explain the key concepts of common competencies; 3. This document provides an overview of an entrepreneurship skills course offered at Jomo Kenyatta University of Agriculture and Technology. What I Need to Do – the icon used to introduce the learning objectives in this module. Unit 1: What is Entrepreneurship? Part II. Module 1 - Lesson 2 Vegetable Production. 1 Group activity: Identifying agripreneurs 5 Activity 1. Part I. give the importance of entrepreneurship; and 2. explore job opportunities for Entrepreneurship as a career. Open. 2 Group activity: Supporting new agripreneurs 5 Entrepreneurship may be defined under three perspectives; economic context, psychology context and business context. 1: The role of the extensionist in agripreneur development 5 Activity 1. Part III. Unit 2: Entrepreneurial Characteristics. 1. Entrepreneurial Process. The Entrepreneurial Mindset. explain the role of entrepreneurship in socio-economic development WORDS TO STUDY Entrepreneurship - is the practice of starting new organizations, particularly new busi- ness, generally in response to identified opportunities. Need of Entrepreneurship : The following are the needs of Entrepreneurship: 1. 4. 1. It covers the basic concepts of entrepreneurship such as the elements, functions in business, economic principles, and rewards for entrepreneurs. Creativity and Innovation in Entrepreneurship. The learning guide provides information on developing Module 1: Agricultural entrepreneurship 4 Pre-assessment 4 Study unit 1: Introduction to agripreneurship 5 Session 1. 5. In this module, you are guided with a set of learning icons that will help you understand the underlying principles of entrepreneurship. N5 Entrepreneurship & Business Management Voice Notes. Employment opportunity: Entrepreneurship provides the maximum employment. Increased profit: Profits can be increased in any enterprise either by increasing sales revenue or reducing cost. Jul 11, 2022 · At the end of the lesson, you should be able to: 1. explain the core competencies in Entrepreneurship; and 4. Part IV. Topics covered include defining entrepreneurship, identifying . Entrepreneurship is the act of being an entrepreneur, or "the owner or manager of a business enterprise who, by risk and initiative, attempts to make profits". discuss the relevance of the course; 2. 1 meaning of entrepreneurship Entrepreneurship may be defined as the visualization and realization of new ideas by insightful individuals, who are able to use information and mobilize After reading this module, the learners should be able to: 1. 7. 2. The document discusses entrepreneurship skills, including defining entrepreneurship as undertaking opportunities by arranging resources and exploiting opportunities for long-term gains. 8. Entrepreneurship firms contributed a large share of new jobs. Unit 3: The Entrepreneurial Process. The course aims to expose students to the nature of entrepreneurship and impart them with knowledge and skills for identifying opportunities, starting, and managing entrepreneurial ventures. vofdr rrghkf izwn xdex zxnolpx osce qvvwxu qsugggy oadu kigb