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Relationship Between Types of Venture and Their Relation with Typologies

   

Added on  2021-02-19

9 Pages1901 Words423 Views
Entrepreneurship andSmall BusinessManagement

INTRODUCTIONEntrepreneurship is considered as a capability as well as interested to develop, manageand organise enterprise along with any of their risk for gaining profitability. This is one of theprimary elements for the development of economy as well as society. In this report, many typesof venture and its relation with typologies are explained. Differences as well as similaritiesamong many kinds of ventures. Interpretation of statistical data example that shows the impact ofsmall and micro business on economy. Start-up's and small business significance for the growthof social economy. Enterpriser's characteristics, attribute as well as ability that differentiate themfrom another enterprise manager. Main entrepreneurial personality features which reflectsmotive as well as mind-set of entrepreneurial. Apart from this, experiences and background ofentrepreneur which obstruct and foster entrepreneurship are also explained in this assignment. TASK 1 and TASK 2Covered in Booklet TASK 3P5. Successful entrepreneurs characteristics traits as well as skills that make them different frombusiness manager.Characteristics traits are refers as the attitudes of individuals which states its personality,such as behaviour, good nature etc. Successful entrepreneurs possess its understanding whichassists them for developing their reputation. The 2 successful entrepreneurs are Oprah Winfreyand Henry ford. Henry ford is the famous hounder of Fords motor. Where as Oprah Winfrey isconsidered as the well known woman entrepreneur who host show, actresses and mediaexecutive. Therefore, some of their characteristics, traits and skills are discussed below:EntrepreneursCharacteristicsTraitsSkillsOprah WinfreyInspirational:Inspirationalcharacteristics assistsOprah Winfrey tofocus on becoming asuccessfulEmotionallyintelligent: This traitsis related to theimprovementofcommunication skills,self awareness andCreative skills: Thisskills assists OprahWinfrey for providingcreative thoughts andsuggestion to otherpeople. Moreover,1

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