Question

Explain the situational factors that influence an entrepreneurial background (e.g. gender, wealth, culture, lifestyle, family, education, employment history etc)

Answer 1

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Answer 2

The gender of a person has a probability of dictating what kind of business one engages in. Cultural belief tend to influence business choice since there are tasks in different societies that are deemed to be of a certain sex alone. Lifestlye also plays a big role since one tends to set up a business that he feels will facilitate the status he wants in the society.