Entrepreneurial Ventures and SMEs: Impact on UK Economy and Intrapreneurship

Entrepreneurial
Ventures

Introduction
The entrepreneurial venture is basically defined as
organization that places opportunism and innovation at its
heart to generate social and economic values effectively. In
this type of organization management or entrepreneur is
highly focused on the needs and desires of customers in
innovative manner. It is very essential that the individual has
the ability or characteristics for identifying the new solutions
and ways which leads to develop difference in society.

Define SMEs with examples
The SME’s stands for small and medium enterprises.
The small and medium enterprise is a convenient
term for segmenting businesses and various firms.
Examples of small business are Tuition centres,
photography, Khadi , small scale manufacturing
industries etc. The examples of medium enterprises
are furniture industry, LED light manufacturing,
leather product manufacturing etc.

Define SMEs with examples
The examples of medium enterprises are
furniture industry, LED light manufacturing,
leather product manufacturing etc. The main
objectives or role of small and medium
enterprise is to facilitate high quality goods to
users and also maintain positive relations with
big entities for long time.