Get premium membership and access questions with answers, video lessons as well as revision papers.
These are theories that have been put forward by various scholars regarding entrepreneurship
development. The emergence of entrepreneurship has elicited a lot of reactions from
scholars in the field. This has led to a diversity of theories that consequently form the basis
of the various schools of thought that attempt to explain this phenomenon.
These have been divided into two broad categories
The macro view entrepreneurial thought
1. Environmental School of thought
2. Financial/Capital School of Thought
3. Displacement School of thought
The micro view entrepreneurial thought
1. The Entrepreneurial Trait School of thought
2. The Venture Opportunity School of thought
3. The Strategic Formulation School of thought
Kavungya answered the question on April 12, 2021 at 15:10
- John Kamau has won Kshs. 500,000 in the charity sweepstake. He has decided to open a hotel at the city center selling fast foods. Advice...(Solved)
John Kamau has won Kshs. 500,000 in the charity sweepstake. He has decided to open a hotel at the city center selling fast foods. Advice John on the various forms of business ownership and the factors he should bear in mind in choosing which form would be appropriate for his business.
Date posted: April 12, 2021. Answers (1)
- What thought process should the entrepreneur apply in identifying a business opportunity?(Solved)
What thought process should the entrepreneur apply in identifying a business opportunity?
Date posted: April 12, 2021. Answers (1)
- In its attempt to promote ethical behavior in the use of communication tools in the organization, list 3 guidelines that management can use to achieve...(Solved)
In its attempt to promote ethical behavior in the use of communication tools in the organization, list 3 guidelines that management can use to achieve this end.
Date posted: April 12, 2021. Answers (1)
- List 4 ways in which the Internet revolutionized the mode of transactions today.(Solved)
List 4 ways in which the Internet revolutionized the mode of transactions today.
Date posted: April 12, 2021. Answers (1)
- State the disadvantages of Fax over Telex.(Solved)
State the disadvantages of Fax over Telex.
Date posted: April 12, 2021. Answers (1)
- Highlight the advantages of Fax over Telex.(Solved)
Highlight the advantages of Fax over Telex.
Date posted: April 12, 2021. Answers (1)
- Highlight the special features of Fax.(Solved)
Highlight the special features of Fax.
Date posted: April 12, 2021. Answers (1)
- Define a teleprinter.(Solved)
Define a teleprinter.
Date posted: April 12, 2021. Answers (1)
- State and explain the guidelines on computerization in entrepreneurship and communication.(Solved)
State and explain the guidelines on computerization in entrepreneurship and communication.
Date posted: April 12, 2021. Answers (1)
- To make a good presentation, identify 6 pointers that can be useful to an amateur presenter.(Solved)
To make a good presentation, identify 6 pointers that can be useful to an amateur presenter.
Date posted: April 12, 2021. Answers (1)
- For what purpose would an organization require postal and courier services?(Solved)
For what purpose would an organization require postal and courier services?
Date posted: April 12, 2021. Answers (1)
- What constitutes the format of a report?(Solved)
What constitutes the format of a report?
Date posted: April 12, 2021. Answers (1)
- What are the main functions of reports?(Solved)
What are the main functions of reports?
Date posted: April 12, 2021. Answers (1)
- What are the main types of meetings and what are they designed to achieve?(Solved)
What are the main types of meetings and what are they designed to achieve?
Date posted: April 12, 2021. Answers (1)
- State and explain 2 types of reports.(Solved)
State and explain 2 types of reports.
Date posted: April 12, 2021. Answers (1)
- What is a report?(Solved)
What is a report?
Date posted: April 12, 2021. Answers (1)
- Highlight the purposes of employment interviews.(Solved)
Highlight the purposes of employment interviews.
Date posted: April 12, 2021. Answers (1)
- Highlight the functions of meetings.(Solved)
Highlight the functions of meetings.
Date posted: April 12, 2021. Answers (1)
- Identify 4 communication media the entrepreneur can choose from in setting up his communication system.(Solved)
Identify 4 communication media the entrepreneur can choose from in setting up his communication system.
Date posted: April 12, 2021. Answers (1)
- What is the importance of the following to an entrepreneur?
• Outsourcing
• Trade Fairs(Solved)
What is the importance of the following to an entrepreneur?
• Outsourcing
• Trade Fairs
Date posted: April 12, 2021. Answers (1)