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Here are short notes on the requested topics:
1) i. Indigenous Entrepreneurship Indigenous entrepreneurship refers to business activities initiated and operated by indigenous people within their traditional territories or communities. These ventures often incorporate cultural values, traditional knowledge, and sustainable practices, aiming to create economic opportunities while preserving heritage and community well-being.
1) ii. Community Based Entrepreneurship Community-based entrepreneurship involves the creation and development of businesses that are owned and operated by members of a specific community to address local needs, create jobs, and generate wealth within that community. The primary goal is often to achieve social and economic benefits for the community as a whole, rather than solely individual profit.
1) iii. Family Business A family business is a commercial organization in which two or more family members are involved, and the majority of ownership or control lies within a single family. These businesses are often passed down through generations, with family values and long-term vision playing a significant role in their operations and strategic decisions.
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Welcome back — been a while! Let's pick up where you left off. Here are short notes on the requested topics: 1) i.
This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.