logo

Entrepreneurship and Small Business Management - Solved Assignment

9 Pages2581 Words24 Views
   

Added on  2021-02-19

Entrepreneurship and Small Business Management - Solved Assignment

   Added on 2021-02-19

ShareRelated Documents
Entrepreneurship andSmall BusinessManagement
Entrepreneurship and Small Business Management - Solved Assignment_1
Entrepreneurship and Small Business Management - Solved Assignment_2
INTRODUCTIONEntrepreneurship refers to the process of designing and running of a new business withthe aim of making profit. An entrepreneur is an individual who have an idea to create a newbusiness and bears a risk. An entrepreneur normally starts a business which is small in size. Thefollowing report will study about different type of entrepreneurial venture and their relation withtypology. In addition to this similarities and difference between entrepreneurial ventures isdiscussed. Interpretation is also done to know what impact has micro and small business oneconomy. (Scarborough, 2016). Further, this report will discuss about the importance of smallbusinesses and starts-ups to the growth of social economy along with the characteristic, traits andskills of successful entrepreneurs. At last, this report will cover the aspects of the entrepreneurialpersonality that reflect motivation and also will tell how background and experience can hinderor foster the entrepreneurship.TASK 1Covered in bookletTASK 2 Covered in bookletTASK 3P5 Entrepreneur refers to an individual which creates the business with their new innovativeapproach that focus on achievement of profit. They are responsible for their own success andfailure. On the other hand managers are the one who are responsible for controlling or managingthe activities of an organisation. Successful entrepreneur has some of the skills, characteristicsand trait that differentiate them from the managers (Albort-Morant and Ribeiro-Soriano,2016).For the study of this report two entrepreneur are taken namely Henry Ford and PeterJones.Henry Ford was the founder of Ford Motor company who was born on 30th July, 1863.He was the one to develop first auto-mobile in the world that could be easily assessable by themiddle class people. 1
Entrepreneurship and Small Business Management - Solved Assignment_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Characteristics, trait and skill of successful entrepreneur
|8
|2000
|391

P2. Differences and similarities between entrepreneurial ventures
|10
|2258
|33

Entrepreneurship and Small Business Management
|9
|2013
|55

Characteristics, Traits, Skills and Motivational Drivers of Successful Entrepreneurs
|21
|1505
|74

Entrepreneurship and Small Business Management : Larry Page and Peter Jones
|10
|3062
|33

Entrepreneurship and Small Business Management
|15
|692
|71