QUESTION 2 Miss Alberta Kwao has just completed a training on entrepreneurship development and is excited about the many benefits and opportunities of being an entrepreneur. She was told ‘when you start building a business, you begin a journey or a process. This process has a beginning and an ending and between the beginning and end are a lot of challenges. You will win only if you remain faithful to the process.” This statement made her apprehensive because she needed to adequately prepare in order to become successful. In the light of the above:
a. Identify and explain five (5) opportunities that Miss Alberta Kwao is likely to enjoy as an entrepreneur?

b. With Ghanaian examples, discuss five (5) impediments that Miss Kwao will encounter in her venture?

You receive a memo from the vice president of procurement responding to your query. he writes: “it will be very important to maintain product continuity. we have a large base of devoted customers. we want to make sure that the quality and key characteristics of island knight stay the same through this transition. talk to frank, our consulting professional perfumer, for more information about the cologne. seasonal variations in costs are the single most significant factor in our deciding to go with another supplier, so finding a way to limit that should be the top priority. the overall marginal costs and shipping costs are probably somewhat less significant. you may want to talk to cindy, the product manager for island knight, regarding pricing information about the product.” what is the best action to take next?