IS MANAGEMENT A SCIENCE, AN ART OR A PROFESSION? Pg5
THE CONCEPT OF ENTREPRENEURSHIP
Entrepreneurship entails coming up with an idea that no one else has thought of and capitalizing
on it to set up an enterprise.
SOURCES OF FINANCE
Funds are needed for;
1. investing in new fixed assets e.g. plant and machinery to expand business
2. Financing additional working capital as business expands i.e. to increase levels of stocks and
3. To maintain real value of wo
1. Primary Sector
2. Secondary Sector
3. Tertiary Sector
4. Quaternary Sector
5. Quinary Sector
There are four key industrial economic sectors:
the primary sector, largely raw material extraction industries such as mining and
THE SCHOOLS OF ENTREPRENEURIAL THOUGHT
To understand the nature of entrepreneurship, it is important to consider some of the theory
development. These activities may be looked at from a macro or a micro view.
The macro (large) view entreprene
Your answer is correct.
A tabular analysis of the transactions made during August 2014 by Colaw Company during its first
month of operations is shown below. Each increase and decrease in stockholders equity is
Six Company makes two products: Product 1 and Product 2. Data on operations and costs for
September are as follows.
Direct materials cost
Direct labor cost
Write a complete C+ program, including at least one good comment at the top, to
do the following: Your program will compute values of a formula that expresses y in
terms of x. The formula is:
4x3 + 8x2 -