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Foundership InTRODUCTION

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Entrepreneur ideas and its prepositions4 TASK 25 Entrepreneurship theories and their concepts.5 TASK 38 3 Development plan and idea of development theories8 CONCLUSION 11 REFERENCES 12 INTRODUCTION Entrepreneurship is actually a process of designing, launching as well as running the business in an effective mannerwith different ideas and concepts which has not been thought by any other person till now (Bruton, Ahlstrom and Li, 2010). Entrepreneur ideas and its prepositions The idea for this project is

Foundership InTRODUCTION

   Added on 2020-06-03

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Foundership InTRODUCTION_1
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................41. Entrepreneur ideas and its prepositions..............................................................................4TASK 2............................................................................................................................................5Entrepreneurship theories and their concepts.........................................................................5TASK 3............................................................................................................................................83 Development plan and idea of development theories..........................................................8CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
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INTRODUCTIONEntrepreneurship is actually a process of designing, launching as well as running thebusiness in an effective manner with different ideas and concepts which has not been thought byany other person till now (Bruton, Ahlstrom and Li, 2010). Entrepreneurs are usually people thathave different kind of perception and the mindset of their thinking about any idea or concept.Entrepreneurs nature would be basically tends to be good a perceiving new businessopportunities which they can exhibit with some positive biases in their perception and so they arepro-risk taking people which has kind of attitude which might exploit the opportunities andgenerate something especial. They have the capability of changing the world with the latesttrends that comes in their minds. This report is based on Facebook that is an Americancorporation that is basically an online social media which has social networking services basedon Menlo Park, California. This site was launched by Mark Zuckerberg. Main purpose of thisreport is to explain entrepreneurship theories who has various examples and how these conceptshelp in guiding business ideas and developing in the market. In this report there is description ofvarious entrepreneurial ideas with their value proposition to understand then well in contrast withother theories. There is a improvement plan for students which will help them to cause change intheir performances. All these theories and concept would help this company to accomplish theirgoals and objectives. This company is actually setting an example and has set the trend for theyoung generation to work up on the principles of entrepreneurship.
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TASK 11. Entrepreneur ideas and its prepositionsThe idea for this project is to start a travel agency who provide all these servicesregarding tour and travel to their customers. This company offer affordable plans but the bestthing about them is that they provide travelling service on EMI. Customers do not need to makewhole amount for the plans in one time. They can pay it in instalment. Name on enterprise willbe ''Wander Bottle'' and they will operate across the global. This idea will attain success becausetheir is not a single company in tour and travel industry who provide this kind of facility to theircustomers. Cost of business of Wander Bottle will be low because they will not make open anyphysical office and all the work relating to promotion and booking will be done through theirmobile application and website. Entrepreneur ideas and its prepositions, A person who start new business and makeinnovative products or services which serve to the customers is known as entrepreneur. They arerisk taker which helps them in targeting their goals and objectives. An entrepreneur openbusiness branch in that area where desired customers are attracting with their services. Facebookis the American company which provides online chats and videos (Bruton, Ahlstrom and Li,2010). The founder of this company is Mark Zuckerberg who start Facebook in February 2004.These application can be accessed by smartphone, computer, laptops, desktop with the help ofinternet networks. The ideas of entrepreneur are to make innovative products and services whichdoes not has been created by anyone in previous time period. The entrepreneur develops an ideawhich help to improves old products and convert it into new or modified goods. There are someideas related to concepts of entrepreneur which are as under;Evaluating ideas- An entrepreneur develop and evaluate idea which attracts largenumber of customers towards the company new products or services. Facebook assumes uniqueidea which attracts new user who is belonging from different age group or perception to knowthe company views and functions. They identify the value preposition, the company shouldanalyse buyers needs and wants and in which manner they can satisfy their demand. Additiveideas, Entrepreneur is person who solve problems and issues which are related to the customerdemand. They need to adopt additive ideas in which company make changes in their current
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