“Being successful in business requires a number of qualities and competencies, not all of which can be acquired at school. African female entrepreneurs are often proof of this, exuding a strong personality that helps them overcome the various challenges and difficulties they face on a daily basis. This is the very essence of the African woman: hope, courage and perseverance, values that are now making them an integral part of the economic, social and sustainable development of the continent.” Drawing from the above, elaborate on the personal qualities and characteristics that entrepreneurs are expected to possess.

“Being successful in business requires a number of qualities and competencies, not all of which can be acquired at school. African female entrepreneurs are often proof of this, exuding a strong personality that helps them overcome the various challenges and difficulties they face on a daily basis. This is the very essence of the African woman: hope, courage and perseverance, values that are now making them an integral part of the economic, social and sustainable development of the continent.” Drawing from the above, elaborate on the personal qualities and characteristics that entrepreneurs are expected to possess.

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter6: International Management

Section: Chapter Questions

Problem 1CTQ: What are some of the sources of McDermotts excellence at managing cross-cultural differences? How...

See similar textbooks

Similar questions

Move over 'tech bros': Women entrepreneurs join Africa's fintech boomWhen financial analyst Oluwatosin Olaseinde moved back home to Nigeria in 2013 after a decade studying and workingabroad, she decided it was time to tackle her own finances, so started reading up on stocks and mutual funds.Shocked at how little guidance was available for young professionals like herself, Olaseinde began sharing her learnings infun, bite-sized tutorials on Instagram, and much to her surprise, her posts went viral."I had no idea my page would just blow up," said the 34-year-old by phone from Nigeria's commercial capital, Lagos."Just like me, there were young people who wanted to know how to manage their finances, but needed information in aneasy-to-understand way."Almost four years on, Olaseinde heads MoneyAfrica, an online financial literacy portal providing courses from budgetingand currency risk to inflation and treasury bills, and more recently also founded Ladda, an app-based one-stop…
Answer all sub questions 1.Ghana’s telecommunication industry has been through a lot of challenges with some companies folding out of business, this has called for a major stakeholder consultation on the way forward, key among the issues to be discussed was the business environment. Using your knowledge in management.i. Explain any five environmental issues that are likely to affect the operations of the telecommunication companies in operating in Ghana. ii. Explain the five internal environmental factors that might affect the survival of the telecoms operating in Ghana and what can be done to mitigate their impact. iii. Examine any 5 external environmental micro factors that would affect the business operations using suitable examples. iv. Discuss the role of the Mary Parker Follet in the management of businesses, using a suitable example from a well know company.
What is the business potential to expand market in North America for halal food products?
create a report that achieve the following objectives:Knowledge1. Describe the international business environment in the Caribbean.2. Evaluate the environment in which international business is conducted.3. Differentiate the international opportunities and challenges facing Caribbean firms.4. Identify current issues affecting the conduct of international business, particularly forCaribbean firms.5. Evaluate the impact of globalization on strategy formulation and implementation ofCaribbean businessesSkills6. Formulate an international strategy including applying different modes of entry into aforeign market for an existing or fictitious company.7. Integrate issues of cultural and societal diversity into the international business decisionprocess.8. Develop strategies for leveraging cultural diversity into business operationsAttitudes9. Appreciate the implication of current world events for the practice of international business. choose a product from a corporation and assess the…
create a report that achieve the following objectives:Knowledge1. Describe the international business environment in the Caribbean.2. Evaluate the environment in which international business is conducted.3. Differentiate the international opportunities and challenges facing Caribbean firms.4. Identify current issues affecting the conduct of international business, particularly forCaribbean firms.5. Evaluate the impact of globalization on strategy formulation and implementation ofCaribbean businessesSkills6. Formulate an international strategy including applying different modes of entry into aforeign market for an existing or fictitious company.7. Integrate issues of cultural and societal diversity into the international business decisionprocess.8. Develop strategies for leveraging cultural diversity into business operationsAttitudes9. Appreciate the implication of current world events for the practice of international business.
You have been invited to address a Regional Entrepreneurial Summit at White Sands, Mombasa, composed of entrepreneurs from across East African. The theme of the convention is ‘Challenges of entrepreneurship in East Africa in the Covid-19 Era’. a) Briefly describe how you will prepare to make a befitting and effective public presentation.
Discuss the cultural issues faced by Tesco in the Irish market1. You must utilize Hofstete Dimension to first assess Ireland with considerationof the products and services offered by Tesco.2. What challenges were faced by Tesco in the Irish market. This must be linked tothe relevant ethical issue as discussed in the course when addressing eachchallenge faced. Provide suggestions to alleviate each of the issues faced.1. N.B. Challenges were briefly mentioned in the case, you are to expandon these and make suggestions for the aspects not addressed.
Identify one SME entrepreneur in Oman that made huge contributions to Oman society. In at least two paragraphs, please discuss the following: A1. How this entrepreneur started his / her business in Oman? A2. Two contributions of this entrepreneur to Oman society and community. A3.Two challenges faced by this entrepreneur during the early part of his entrepreneurship journey.
Identify the different challenges that the Filipino Entrepreneurs encounters at present times. Conceptualize how these Filipino entrepreneurs will be able to overcome these challenges. Make a table with two columns : Challenges and Suggested Solutions
Assume Coffee business as a family buisess in Qatar and discuss the following: Family members involvement in business - Describe the duties of the family members who will be involved in the running of the business. For example, who will be the manager and who will do other duties.
Explain the meaning of the following terms as used in entrepreneurship. Technopreneurship Intellectual property Corporate entrepreneurship Innovation Idea feasibility assessment b)With reference to any communities of your choice, outline the main social cultural factors that have had a negative impact on growth of entrepreneurship in Kenya. c) All potential entrepreneurs are advised to screen their business ideas even if its first one. Explain with relevant examples the main factors that an entrepreneur should put on focus when screening their business ideas.
David is reviewing the organisational structure of Afri-Fast. Afri-Fast, has functional divisionalisation. Illisatate (draw), the functional divisional structure of Afri-Fast's organisational structure, indicating only the top two management levels, specifying in each case the job title and associated person for each relevant position.