1.Passion & Commitment ..Honesty ..Self-awareness ..

Strong Communication

More teamwork
Active listening. ...
Cricket: Democratic Leadership.
Football: Autocratic Leadership
Ad: Democratic leader encourages everyone to give their opinion.
Dis: It can cause a conflict due to not everyone will agree to one decision making

Ad: Autocratic It allows for fast decisions to be made.

Dis: Players may leave the team due to disagreement of decision

A/Show your appreciation B/Provide development opportunities C/Create a positive

working environment.

2. Register your business...Fund your business. . Pick your business location....

Conduct market research

Social Media......Newspapers

You need to determine your objectives. ...to create an effective strategy for growth ...to
determine your future financial needs, to attract investors and lenders.

Short-term planning evaluates your progress in the present and creates an action plan
to improve performance daily. However, long-term planning is a comprehensive
framework that comprises of goals to be met within a four- to five-year period.
Your short-term planning is temporary and flexible. Long-term planning, on the other
hand, is more concrete.

If a borrower defaults on the loan, the lender can seize the collateral and sell it to
recoup its losses..........
3. The factors of production are resources that are the building blocks of the economy;
they are what people use to produce goods and services.

Land....labor.... entrepreneur ship.... capital

Extractive industry can be defined as a process that involve different activities that lead
to the extraction of raw materials from the earth (such as oil, metals, mineral and
aggregates), processing and utilization by consumers.

Countries are able to save on imports and increase exports through items produced by
linkages. Linkages can encourage large-scale production, which can meet local as well
as foreign demand.

The higher the wage rate, the more labor is supplied, which means the supply curve of
Labour will slope upwards. A worker's wage, along with any bonus, provides the main
pecuniary (monetary) benefit from working.

Immigration affects the Labour supply, as it increases the pool of workers in certain
sectors of the economy. ... When migrant workers are substitutes for existing workers,
immigration is expected to increase competition for jobs and reduce wages in the short
run.

5.Income......Employment opportunities

Education Standards. … Housing. ..

GDP- the total value of goods produced and services provided in a country during one
year.GNP- the total value of goods produced and services provided by a country during
one year, equal to the gross domestic product plus the net income from foreign
investments.

Increased revenues. ...Benefiting from currency exchange. ...Easier cash-flow

management. ...
 However, the growth of population should be similar to the food supply, so
overpopulation will cause lack of food, and as the rate of growth of population exceeds
the rate of growth of population exceeds the rate of production, economic development
is hampered.