PECs
Sticking to your promises
Commitment to contract
Island Grill
Thalia Lyn
Starting a business even though you know success is not guaranteed
Risk-taking
Conditions, such as recession, inflation, and interest rates.
Economic factor
Prime minister of Jamaica
Hon Andrew Holness
I convinced Tom to buy my shoe
Persuasion
Jamaica Producers Group
Jeffrey Hall
Generate new ideas
Creativity
Things such as taxation, regulation, and funding, can affect the ease of starting and running a business.
Government Policies
Capital of Jamaica
Kingston
Researching before starting new ventures
Information seeking
Blue Mahoe Capital Partners, Inc.,
david Mullings
The person you are expecting to purchase your products
Target audience
Social norms, cultural values, and demographics can influence the types of businesses that are started and the way they are operated.
Social factors
Famous Jamaican icon that popularised reggae
Bob Marley
Planning and organizing your day
Systematic planning
Turner Innovations Ltd.
Alison Turner
The process of letting customers know about your products and services
Marketing
Can create new opportunities for entrepreneurship, such as international trade and outsourcing.
Globalisation
if takes 4 minutes to boil an egg how long will it take to boil 4
4 minutes
I used my last $500 to buy some sweets to sell
Calculated risk taking
Mark Zuckerberg
Goods are often placed on this
packaging
Factors, such as climate change and sustainability, can influence the types of businesses that are started and the way they are operated.
Environmental factors
How many months have 28 days
All