COMMERCE 1B03 Chapter Notes - Chapter 7: Micro-Enterprise

• School: McMaster University
• Department: Commerce
• Course: COMMERCE 1B03
• Professor: Rita Cossa

Document Summary

Able to learn quickly: making errors is inevitable; what is important is what you learn from them. A great concentration of women run small and medium sized enterprise s, are businesses with fewer than 500 employees. Reasons as to why women have taken the entrepreneurial route: A group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product. Teams can be better than individuals so all members can combine creative skills with production and marketing skills right from the start. Micro-enterprise : a small business defined as having one to four employees.