Author: KNEC notes and Past Papers

Culture encompasses a wide variety of elements, such as values, norms and artefacts. These are dependent on language, social situations, religion, political philosophy, economic philosophy, education, manners and customs. 1. Values These are ideas about what is important in life. Read More …

Barriers to creativity and innovation can be overcome by removing obstacles to creativity and logical thinking. The barriers to creativity can be managed using the following process: Stage 1:  Experience Experience is needed in order for one to discover a Read More …

These are limitations to creativity and innovation which may include the following: Negative Attitude The tendency to focus on the negative aspects of problems and expend energy on worry. Fear of Failure For an entrepreneur failure is not a discouraging Read More …

Creativity and innovation are key to generation of new ideas and methods of improving goods and services for customer satisfaction. They are key to the success of a business particularly when strategizing during strategic planning, and when designing new products Read More …

THE PROCESS OF INNOVATION Creativity as a process has several stages. These are: 1. Germination 2. Preparation Getting the mind ready for creative thinking using methods such as Realizing that every situation is an opportunity to learn Reading on a Read More …

The process most commonly used to encourage creativity is brainstorming. It works best in a group situation. Another process that can be used both individually and in a team environment is the SCAMPER process. The process works particularly well in Read More …

i) Creativity Creativity is the ability to bring something new into existence. It is the ability to think and act in new ways. This is done through the process of germination, preparation, incubation, illumination and verification. ii) Innovation It is Read More …

Entrepreneurs play different roles in an enterprise. These include: 1. Initiator The entrepreneur as the prime mover of the business.  He/she is the director of the enterprise and comes up with ideas which he convinces the members of the organization Read More …

Entrepreneurs portray certain characteristics and patterns of behavior which can be all learnt and/or acquired. Every entrepreneur may not possess all of the qualities useful to make him/her successful. The following are the various qualities an entrepreneur may have: 1. Read More …

Entrepreneurs have their own typical qualities depending on their social, economic, political and cultural environment. Each has an independent way of thinking and a unique approach to decision making and handling situations in the business. The following are the three Read More …