logo

Entrepreneurship and Small Business Management : Entrepreneurial Ventures

6 Pages1408 Words53 Views
   

Added on  2021-02-22

Entrepreneurship and Small Business Management : Entrepreneurial Ventures

   Added on 2021-02-22

ShareRelated Documents
Entrepreneurship and smallbusiness management
Entrepreneurship and Small Business Management : Entrepreneurial Ventures_1
. Table of ContentsINTRODUCTION...........................................................................................................................3LO1..................................................................................................................................................3P1 Types of entrepreneurial ventures and its relation to entrepreneurship typology..................3P2 Identify the similarities and differences between the different types of entrepreneurialventures........................................................................................................................................4M1 Discover the diversity of entrepreneurial aspirations to show an understanding ofentrepreneurship in the public sector and companies......................................................................5LO3..................................................................................................................................................5LO4..................................................................................................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
Entrepreneurship and Small Business Management : Entrepreneurial Ventures_2
INTRODUCTIONEntrepreneurship is a way to start a business by overcoming the various risks involved, suchas finance or management. Entrepreneurial aspirations can have different ownership structuresand entrepreneurs must possess certain skills and characteristics of business and leadershipdevelopment. Personal experience and experience can influence entrepreneurship differently andcan grow or hinder business. This survey focuses on various types of entrepreneurial aspirationsand their impact on the economy. It also develops the skills and attitudes needed to start abusiness, and how personal experience and experience can affect new companies.LO1P1 Types of entrepreneurial ventures and its relation to entrepreneurship typologyEntrepreneurial aspirations differ in the following matters:Entrepreneurship in Small Business: This type of startup can only be managed by The ownerand the number of employees are very low. In addition, sales generation Not many and theseorganizations are constantly focusing on getting more customers Development of their productsor services. This type of business can be run with family membersand with friends as partners. However, several small companies offer innovative productsProducts or services and grow exponentially (Barba-Sánchez and Atienza-Sahuquillo, 2018).Scalable Entrepreneurship Start-up: This type of company starts with innovative businessideas and focus to provide innovative products or services from the start. This type Entrepreneursbelieve that their ideas can change the world and seek investment Venture capitalist. Theseorganizations are looking for the smartest minds for business and tend to create a scalablebusiness model.Large Business Entrepreneurship: Large companies have a limited life cycle and focus onproviding new products or services for customer sustainability and longevity business. Customerrequests and trends change as a result Competition, laws that force large organizations to limitinnovation and create new ones new products for a completely new market. However, the size ofthe organization is sufficient difficult innovative innovation.Social Entrepreneurship: This type of entrepreneurship focuses on solving various socialproblem with shipping their products or services (Kolvereid, 2016). These organizations focus ondoing better for people who can be charitable, charitable or hybrid.
Entrepreneurship and Small Business Management : Entrepreneurial Ventures_3

End of preview

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

Related Documents
Entrepreneurship and Small Business Management
|15
|1027
|21

Entrepreneurship and Small Business Management
|18
|5484
|50

Entrepreneurial Ventures
|14
|3755
|53

Entrepreneurship And Small Business Management 2 INTRODUCTION 1 LO11 P1. Similarities and differences between entrepreneurial ventures and their interconnectedness with micro and small business
|15
|4771
|426

Entrepreneurship and Small Business Management
|16
|4789
|91

Unit 9 - Entrepreneurship and Small Business Management
|15
|4373
|97