RSM100Y1 Chapter : good notes
Document Summary
Chapter 4 understanding entrepreneurship, small business, and new venture. Industry canada relies on two distinct sources of information, both provided by stats canada: the business register (which track businesses and the. The new venture/firm y various criteria can also be used to determine when a new firm comes into existence. The role of small and new businesses in the canadian economy. Small businesses account for over two-thirds of employment in four industries: non-institutional health care, the construction industry, other services, and accommodation and food. New ventures y new ventures are important as a source of job creation and for the y introduction of new products and services. In 2007, small business created 100 000 jobs in canada; this represented. 40% of all jobs that were created. y women are playing a more prominent role than ever before in starting new ventures y women who run businesses from their homes are sometimes called.
