COT 401 Entrepreneurship Exam 2020

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COT 401: Causes of business failure and solutions, ten steps to start a business, idea generation/incubation/commercialization, project plan relevance, leadership qualities, and the mixed economy model's implications for entrepreneurs. A treatise on Jason Njoku (iROKOtv) followed by questions on entrepreneur vs technopreneur, entrepreneur vs manager, characteristics of an entrepreneur, impact assessment, and budgeting/monitoring/evaluation. Concept of entrepreneurship, entrepreneur vs intrapreneur, types of entrepreneurs, entrepreneurial profile, business potentials in technology, idea generation/incubation/commercialization, and entrepreneurs' importance to Cameroon's economy. A treatise on Brian Bosire (UjuziKilimo, Kenya) followed by questions on start-up advantages, the role of passion, market research, financial struggle despite hard work, financial freedom, and brief notes on idea generation/feasibility/resource mobilization. A treatise on small-town Indian entrepreneurs (Jaipur Rugs, Superhouse Group, Balaji Wafers) followed by questions on entrepreneurial challenges in Cameroon, starting a tech business, financial capital, and two finance calculations (annuity/net-savings and compound-interest tripling). A treatise by self-made millionaire Daniel Ally, followed by questions on an entrepreneurial role model, seven tips to becoming a millionaire, Cameroon's entrepreneurial boom, financial capital sourcing/management, and brief notes on entrepreneurship/business plan/hiring/success secrets. A management-focused paper: definition and objectives of management, levels of management, planning/organizing/controlling, managerial roles, contingency theory, tangible resources, human capital, motivation, and Maslow's hierarchy of needs applied to business.