Section 1
What is the name of Jamaica's National Development Plan?
Vision 2023 Jamaica
What does FDI mean?
2 Positive Impacts of Entrepreneurship
Economic Growth, Employment opportunities, Innovation, Competition
What does National Development seek to enhance?
Standard of living
What does DBJ stand for and how do they help with entrepreneurship?
Development Bank of Jamaica; Offers loans, grants and credit facilities to help businesses start and expand.
What does MSME stand for?
Micro, Small and Medium Sized Enterprises
Entrepreneurship directly drives...
Innovation
How does entrepreneurship affect Jamaica's Culture and Values?
By integrating elements such as cuisine, music, crafts, language, etc in products and services.
3 Negative Impacts of Entrepreneurship
Environmental issues, Social Inequalities, Unethical Business Practices
What is Entrepreneurship?
Entrepreneurship is the process of identifying, creating, and pursuing opportunities to introduce new products, services or business models by assuming financial risk.
What does JBDC mean?
Jamaica Business Development Corporation
Who founded Sandals Resort?
Gordon "Butch" Stewart
What is National Development?
National Development is a process through which a country enhances the well-being of its people across economic, social, cultural and political dimensions.
What social issues does Entrepreneurship fight against?
Poverty and unemployment
How do MSMEs help Jamaica?
By creating Job opportunities, linkages, foreign exchange earnings, stronger market access