A biker covered half the distance between two towns in 2 hrs 30 min. After that he increased his speed by 2 km/hr. He covered the second half of the…
A biker covered half the distance between two towns in 2 hrs 30 min. After that he increased his speed by 2 km/hr. He covered the second half of the distance in 2 hr 20 min. Find the distance between the two towns and the initial speed of the biker.
Explanation
Entrepreneurship is starting and running businesses, taking risks for profit. Entrepreneurs identify opportunities, organize resources, and innovate. They are essential for job creation and economic growth.
Qualities: risk-taking, creativity, perseverance, leadership, opportunity recognition, financial management. Not everyone has entrepreneurial mindset; it can be developed through education and experience.
Support in Nigeria: Small and Medium Enterprise Development Agency (SMEDAN), Bank of Industry loans, Youth Enterprise With Innovation in Nigeria (YouWiN). Challenges include: financing, infrastructure, regulations, corruption.