COMMERCE 1E03 Lecture Notes - Lecture 7: Labour Force Survey, Small Business, Affiliate Marketing
10 Apr 2016
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Document Summary
Entrepreneurship : accepting the challenge of starting and running a business. The approximately 2. 7 million people in canada who are self-employed represent a little over. 15% of all employed workers in the canadian economy. The word entrepreneur originates from the french word, entreprendre, which means to undertake and in business context, it means to start a business. Innovation - innovation may be in new production methods, new markets, and new forms of organizations. *entrepreneurship is not always small, and small businesses are not always entrepreneurial; intent to stay small is what separates them. Independence many people do not like working for others. 2: challenge some people enjoy the challenge of doing something new or difficult, family pattern family members have started their own business, profit willingness to tradeoff risk for profit. Immigrants immigrants may have trouble finding work, but the drive and desire to succeed, leading them to start their own business.
