VUSSC/Content/Entrepreneurship/Starting Up a Business/Summary

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9. Summary

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We have now come to the end of the unit. Here are some of the key points covered in the unit:

  • definitions of key terms associated with managing your business
  • the concept of entrepreneurship
  • distinguishing the different business types
  • motivations for venturing into business
  • identifying a business idea, and making it a reality
  • factors that influence business
  • the importance of a business in a country

Introduction | Objectives | What is Business Management? | What is meant by Entrepreneurship? | What are the different business types? | How is a business idea developed? | What Factors Influence the Business? | The importance of a business in a country | Summary