CPSC 079 Lecture Notes - Lecture 1: Embezzlement, Webmail, Autoresponder
Document Summary
Key terms defined: entrepreneur: someone who devises a new production methodology and producing output (goods or service) based on the new concept. Entrepreneurship: the process of coming up with new processes or ways of achieving some set objectives. it is the process of devising a new process that will make production more efficient. Self employment: revenues from his business as a source of income this is a concept that arises when the entrepreneur relies on. Exam context a question from this chapter has not yet been tested under the new kasneb syllabus. Fast forward: there is a strong link between entrepreneurship as a concept and communication as a management tool that an entrepreneurship will find indispensable. With the risks come rewards that are derived by the person who has come up with the new process. Who is an entrepreneur? an entrepreneur is someone who devises a new way of looking at things and producing output out of the new concept.