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InTRODUCTION 3: Entrepreneurship and Small Business Management

   

Added on  2021-02-19

7 Pages1667 Words125 Views
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Entrepreneurship and SmallBusiness Management
InTRODUCTION 3: Entrepreneurship and Small Business Management_1

Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................31. Specific examples of entrepreneurs to illustrate the scope of entrepreneurship.....................32. Exploration of their situational factors, similarities and differences......................................43. Discussion on their shared entrepreneurial traits and characteristics......................................54. Analysis of how background and experiences can either hinder or foster entrepreneurship..55. Conclusions that are drawn from comparing and contrasting the different entrepreneurs,their backgrounds and experience...............................................................................................6CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
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INTRODUCTIONEntrepreneurship is the business that studies about the how businesses created and theactual process should be started for a new business. An entrepreneur is an individual who hasnew idea and focus on create a new product or service that helps in satisfy emerging needs andwants of people to support their sales. This report is based on scope of entrepreneurship,situational factors with their similarities and differences. It also includes the sharedcharacteristics and traits of entrepreneurs with their background that helps in foster or hinderthem. At last by comparing and contrasting kinds of entrepreneur and their experience withbackground that influence them.MAIN BODY1. Specific examples of entrepreneurs to illustrate the scope of entrepreneurship.Entrepreneurship Has an broad scope to stimulate the economy and enables to bring greatsocietal change (Anderson, Drakopoulou Dodd and Jack, 2012). It beyond fulfilling needs andbuild revenue, provides employment for society and develops communities. An entrepreneurhave vast opportunity to selling services instead of manufacturing products. The entrepreneurial
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