Question 1 [55] Fueglistaller et al. (2013) highlight that an entrepreneur must transform a business idea into a feasible market offering. Your government-sponsored incubator has provided you with R350 (three hundred fifty rands only) to develop an innovative product or solution that benefits your community.
1.1 Examine the characteristics and qualities of an industrial engineer that will equip you to be a better entrepreneur. (5)
1.2 Elaborate on your idea using entrepreneurship as a process stage (12)
1.3 Examine your market segment and niche for your product (18)
1.4 Develop and establish KPIs for your company to design your strategy (20)
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