Importance of entrepreneurship to the economy
- Creation of employment/jobs by absorbing people who would otherwise be
jobless - Formation of capital through profits which may be used to expand the business
- Reducing rural-urban migration as businesses in rural area offer employment opportunities
- Raising standards of living through receipt of salaries and wages as well as availing a variety of quality goods and services
- Saving on imports as entrepreneurs are able to produce good and services that are substitutes to imports
- Improving infrastructure through improvement of roads and security by the government
- Reducing foreign dominance of the economy by increasing the participation of local entrepreneurs in various business activities
- Making use of local resources which would otherwise be idle or thought to be a waste
- Promotion of technology through the entrepreneurs creativity and innovation
- Promotion of entrepreneurial culture by using successful entrepreneurs as role models
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The training is really good I have read he’d as far as spread sheet and data base management so far so good.
Godwin from Uganda westnile and Arua
Well define topics and very understanding words