Skip to main content

ENTREPRENEURSHIP

ENTREPRENEURSHIP

DEFINITION:
To do the thing that are not done before other and create the new business opportunities with the combination of resources.

CHARACTERISTICS OF SUCCESSFUL ENTREPRENEURS:

Some important characteristics are

HONESTY:
The most important charcter of the entrepreneur is honesty with his work and customer.

CREATIVE:
Creative is the major characteristic of an entrepreneur and it is a big plus of him.

TAKE INITIATIVES:
Entrepreneur take the initiative to create the new methods of marketing and create new products and services.

CONECPTUAL SKILL:
The entrepreneur must have good analysis and decision making ability according to situation.

KNOWLEDGE:
Entrepreneur have good knowledge about business and know the deep bussiness success factors.

RISK TAKER:
The entrepreneur must have risk taker because its factor most important for business success or unsuccess.

ENERGETIC:
Enterpreneur must have energetic.

SLEF-CONFIDENT:
The most important the entrepreneur must have slef-confident about what he is doing.


ENTREPRENEURSHIP
ENTREPRENEURSHIP VENTURE
ROLE OF SMALL BUSINESS WONER, RISK AND FAILURE
A MODEL FOR NEW VENTURES
START-UP STAGE
EARLY GROWTH STAGE
LATER GROWTH STAGE
TEN RULES FOR SUCCESSFUL BUSINESS
FEASIBILITY PLANNING
ELEMENTS OF FEASIBILITY PLAN
NEW PRODUCT DEVELOPMENT PROCESS
PRODUCT PROTECTION,PATENT,TRADEMARK AND COPYRIGHTS
PATENT PROCESS
TRADEMARK AND COPYRIGHTS


MBA NOTES ENTREPRENEURSHIP

Comments

Popular posts from this blog

MANAGEMENT

MANAGEMENT Definition: A set of activities planning, organizing, staffing, leading and controlling to achieve the organizational goals. or Management is the process of designing and maintaining an environment for efficiently accomplishing selected aims. or Set of activities (planning, organization, leading,controlling) directed at an organization resources (finance, human, physical and information) to achieve the organizational goals in an effecient and effective manner is called management. Efficient: The efficient mean do work be fore the due date. Effective: To complete the work in time. eg. if we say someone to complete task in 10 days and he complete the task in 10 days no more or no less that person called effective person. Manager: A person who perform all organization activities are called manager. Management Resoureces: There are four basic management resources. Finance Human Physical Information Finance: Finance mean the assets like as C...

MBA NOTES:TYPES OF FINANCIAL ANALYSIS

TYPES OF FINANCIAL ANALYSIS Following are the various types of financial analysis. A. On the basis of material used. 1. External Analysis Analysis of financial statements may be carried out on the basis of published information. i.e.., information made available in the annual report of the enterprise. such analysis are usually carried out by those who do not have access to the detailed accounting records of the Co. i.e., Banks, Creditors etc. 2. Internal Analysis Analysis may also be based on detailed information available within the Co. which is not available to the outsiders. such analysis is called internal analysis. this type of analysis id of a detailed one and is carried out on behalf of the management for the purpose of providing necessary information for decision making, such analysis emphasizes on the performance appraisal and assessing the profitability of different activities. B. According to objectives ...

MBA NOTES:types of strategies

Types of strategies Growth Strategies THERE ARE THREE MAIN TYPES OF GROWTH STRATEGIES forward integration backward integration horizontal integration forward integration|forward strategies|vertical strategies GAINING OWNERSHIP OR CONTROL OVER DISTRIBUTOR, WHOLE SELLER backward integration TO SEEK OVER OWNERSHIP OR CONTROL OVER FIRM SUPPLIER horizontal integration TO SEEK OWNERSHIP OR CONTROL OVER THE FIRM COMPETITOR intensive strategies THERE ARE THREE MAIN TYPES OF INTENSIVE STRATEGIES market penetration market development product development market penetration SEEK TO INCREASE MARKET SHARE OF PRESENT PRODUCT OR SERVICES IN THE PRESENT MARKET THROUGH GREATER MARKETING EFFORTS market development INTRODUCING PRESENT PRODUCT OR SERVICES IN NEW GEOGRAPHICAL AREA product development INCREASE THE SALES BY IMPROVING OR MODIFYING PRESENT PRODUCT OR SERVICES diversification strategies THERE ARE TWO MAIN TYPES OF DIVERSIFICATION STRATEGIES rela...