Entrepreneurship and Small Business Management

ENTREPRENEURSHIP
AND SMALL BUSINESS
MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
Covered in PPT............................................................................................................................3
TASK 2............................................................................................................................................3
Covered in PPT............................................................................................................................3
TASK 3............................................................................................................................................3
P5. Characteristic traits and skills of successful entrepreneurs...................................................3
P6. Aspects entrepreneurial personality......................................................................................5
TASK 4............................................................................................................................................5
P7. Background and experience impact upon entrepreneurship..................................................5
CONCLUSION................................................................................................................................6

INTRODUCTION
Entrepreneurship can be referred to as the act of undertaking of dangers with a thought
process to present new items, procedures or administrations with esteem expansion so as to pick
up the fulfilment from clients. In such manner, business visionary is normally alluded to as an
individual that surfaces with another thought, idea or belief system so as to create answers for
social or financial issues being looked by open on the loose. Enterprise and private ventures
together include a gigantic commitment inside the economy of a country (Burns, 2016). They are
respected to be a huge wellspring of income age for a nation because of which the nation gets a
monetary lift. The current report comprises of the conversation about different kinds of
enterprising endeavours alongside their connection to typologies. Other than this, likenesses and
qualifications between innovative endeavours are given. Additionally, it contains effect of
independent ventures on national economy, characteristics and abilities of business visionary and
the way in which their experience shapes or controls enterprise.
TASK 1
Covered in PPT
TASK 2
Covered in PPT
TASK 3
P5. Characteristic traits and skills of successful entrepreneurs
Each business visionary is said to have a lot of aptitudes and characteristics which will in
general recognize them from other faculty. In such manner, two business visionaries have been
considered here, to be specific, Henry Ford and Louis Vuitton. Their abilities and characteristics
are quickly clarified beneath:
HENRY FORD
He was an American business person just as a business head honcho. He was the organizer
of Ford Motor Company and furthermore supported the improvement of mechanical production
system strategies related with mass creation.
Trait: