Characteristic traits and skills of Thomas Edison different from other business managers ο¬Consideration of a bigger fram ο¬Efearlessness ο¬Innovation ο¬Open Minded
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Background and experience of entrepreneur Backgroundexperienceisveryimportantforevery entrepreneur to start a new business. Because without experience now any one start a new businesses so it is important for every business men or entrepreneur. Wellexperienceentrepreneurtakesacorrectives actions and make a right decisions. They know how to run a business for a long time and how to reduce cost of productivity and they also know better ideas like, how to increase the sale, innovative ideas.
Characteristic traits and skills of Thomas Edison different from other business managers ο¬Business Building ο¬Passion and knowledge of market ο¬Curiosity ο¬Analytical ο¬Consideration of a bigger frame ο¬Fearlessness ο¬Innovation ο¬Open Minded
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CONCLUSION As per the above report is focus on entrepreneurial personality is give positive impact toscale business Providing a better living standard of the people. So its important forgrowth of the economy. Form the above report is to be focus on very important role in theeconomylikecreatingjob,sendingproducts, providing good and service and generating wealth . 99.7 percentage small scale businesses running now days and 99.7 percentage firms their and 29.6 million paidemployee in businessesand19000 are small businesses on 2014.
REFERENCES Ayandibu, A. O 2017. The role of Small and Medium Scale Enterprise in local economic development (LED).Journal of Business and Retail Management Research (JBRMR).11(2). pp.133-139. Carter, S 2015. Barriers to ethnic minority and womenβs enterprise: Existing evidence, policy tensions and unsettled questions.International Small Business Journal.33(1). pp.49-69. Ciampi, F 2013. Small enterprise default prediction modeling through artificial neural networks: An empirical analysis of Italian small enterprises.Journal of Small Business Management. 51(1). pp.23-45. Cowling, M 2015. What really happens to small and medium-sized enterprises in a global economic recession? UK evidence on sales and job dynamics.International Small Business Journal.33(5). pp.488-513.
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