Communicate effectively in a business environment Apply management skills necessary to be able to SPECIFIC OBJECTIVES A candidate who passes this

paper should be able to: Explain the role of entrepreneurs in economic Development Indentify viable business opportunities State the statutory requirements of a business Environment Describe the factors that determine business success

Respond to the emerging trends in the global business Environment Entrepreneurship and self-employment Entrepreneurs and entrepreneurship Characteristics of an entrepreneur Importance of self-employment Role of an entrepreneur in business Entrepreneurs contribution to national development Factors considered when preparing to be self-employed Entrepreneurial opportunities Sources of business ideas Business incubation

Qualities of a business opportunity Assessing product demand Selection of a suitable market Matching skills and resources to changing technology Entrepreneurial awareness Sources of business information The choice of a business Procedure in starting a business Sources of business finance Legal aspects of a business enterprise Government strategies on small enterprise Assessing the business environment Technology choice Business contracts and tendering procedures Business creation Forms of business organizations The stock market and the commodity market Supply chain Trade unions role in business Non-profit-making organizations