MGTA01H3 Chapter Notes - Chapter 3: Canadian Imperial Bank Of Commerce, Life Insurance, Credit Theory Of Money
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MGTA01H3 Full Course Notes
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Small business new venture entrepreneurship: 380 businesses are started in canada everyday, 3 terms. Gdp contribution: contribute to 25% of canada"s gdp. New ventures: most of the growth in firms occurs in service-producing industries, exlcused businesses without employees (because unincoporated businesses high-knowledge industries are doubling in it (e. g. biotechnology) with no employees would not be included in stats canada business. Register) however, once employees are hired, will be counted as a business this is why there may be comapnies that have been in existance for a long time but are still considered new because they acquired employees only recently. Female entrepreneurs increases by 3% each year grew by 43% for women, 21% for men grown by 208%, while for men, growth is 38: more than 800k women entrepreneurs in canada, female entrepreneurs, self-employed females. Entrepreneurial process (3 important process elements: entrepreneur, opportunity, resources. Identifying opportunities: idea generation, screening, developing the opportunity.
