GAGE COLLEGE
FA CU LT Y OF B USI NE SS AND
EC ONOMI CS
STANDARD INDIVIDUAL ASSIGNMENT ONE
Entrepreneurship and Enterprise Development
Date:- 08/04/2020
Total Weight: - 20 %
Date of submission: -30/04/2020
Name: - ____________________________
Department: -_______________
ID NO: - ________________ Section: - __________
Stream: - Regular Extension
Program: DEGREE
GENERAL INSTRUCTIONS
This is the first assignment of this course
This assignment is to be completed and submitted to the dean office on time up on the
schedule by hard or soft copy.
Create interdependence and build individual responsibility and accountability.
Use your comprehension to complete the assignment.
Explain your idea briefly and clearly, neatness is expected.
You can refer your note book and different supporting resources.
Devote your time and submit the assignment
Submission after deadline is not tolerable
Be Good-looking! Be Smart! Be Elegant! But, Protect Yourself From Covid-19
Virus!
I. Write and briefly discuss about the following Question.
1. Explain the difference between free enterprise and entrepreneurship? And why
entrepreneurs are important for the economy?
2. Explain briefly the historical development of entrepreneurship? give an example for each
period?
3. List and explain the process of entrepreneur development?
4. Describe the major challenges faced by entrepreneurship, individual and society? What
actions should be take?
5. Explain briefly the theories of entrepreneurship? Mention some of the important role of
entrepreneurship?
6. List the internal and external factor of entrepreneurial motivation? And the main role
models of who has deep influence on entrepreneur?
7. Describe the term of scope of small business?
8. List and explain small business failure factor?
9. Explain briefly economic social and political aspects of small business enterprise?
10. In small business in Ethiopia there are few problems faced by small business enterprise,
mention some of problems and explain them briefly?
11. List and describe the setting of small business step by step?
12. Small business has five major categories describe each of them briefly?
13. List the main Important of Small businesses
14. List and describe briefly the characteristics of small business?
15. What are the major Classifications of entrepreneurs? Describe them each in detail?