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Exam (elaborations)

OTE 2601 Assignment 1 Answers

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This assignment is my own work and I did really well in all my assignments for this subjects. After my first 3 years of studying through UNISA i have 28/30 distinctions.










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Uploaded on
January 6, 2023
Number of pages
5
Written in
2022/2023
Type
Exam (elaborations)
Contains
Questions & answers

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OTE2601
68756682
Assignment 1

, Question 1
Since it is impossible to correctly identify learners with potential entrepreneurship,
entrepreneurship education should be extended to the entire curriculum as much as
possible. Campbell (2020) states that entrepreneurship is a creative process and
entrepreneurship stimulates innovation. He also believes that economic growth depends on
the existence of an innovative environment, Therefore, understanding the role of
entrepreneurship in economic development is important for understanding the dynamics of
society and its future well-being.
• Entrepreneurship education benefits all learners. The qualities and skills required for
entrepreneurship are also useful in general life. Learners who have completed an
entrepreneurship program can understand the world in which they live and contribute in an
informed way. The most important advantage of the is the ability to restore the creativity of
expression and thought. The recognition that failure is not necessarily the end of life but
may be the beginning of success.
• Entrepreneurship learning is clearly highly desirable in preparing young people for the
world of work. It's obviously a bonus, but it doesn't matter if they're successful in business
ventures at a young age. More importantly, they have the opportunity to consider self-
employment as a legitimate career option. This is an option that you will come back to later
in your life, or that you can use your skills effectively in the workplace.
• Educated entrepreneurs aren't always good entrepreneurs, but you can find out when,
where, and how to start a new business at. They also have better equipment to maximize
their talent within the community, for both themselves and the community as a whole.
Entrepreneurship Education provides new economic tools for young people to change their
perspective. The experience of generating income from new terms, business plans, and
unique ideas can empower and transform many young people.
• Entrepreneurship helps create a new story of entrepreneurial success in a legitimate
business that you can share with your colleagues and family. They give a new perspective on
how to succeed in the mainstream economy, proving that there are alternatives to the use
of drugs and street crime.

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