This presentation covers the different types of entrepreneurs and the similarities and differences between them. It also discusses entrepreneurial ventures and their types, as well as the similarities and differences between private and public sectors. The presentation concludes with references for further reading.
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Entrepreneurship and Small business management
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Content Introduction Entrepreneur andintrapreneur Difference occur in between entrepreneur and intrapreneur Entrepreneurial ventures and their Types Types of entrepreneurship The similarities and differences of entrepreneurial ventures Conclusion References
Introduction Entrepreneur refers to individual who use resources, organise and manage businesses strategies. With the help of resources, entrepreneur can design and run a new business. In this ppt, the different types of entrepreneurs and similarities and differences between them are covered.
Entrepreneur and Intrapreneur The entrepreneur is refers to one who takes and manages risks so that business profits can be increased. The main objective of intrepreneur is to build new and innovative products according to requirements of customer.
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Difference occur in between entrepreneur and intrapreneur There is difference occur in between entrepreneur and intrapreneur according to their working style. The entrepreneur is define as the leader of his business operation in which they take effective decisions on their own. The intrapreneur is an itself a employee of an organisation. It refers to implement new strategies by considering all work employees of their businesses.
Entrepreneurial ventures and their Types Theentrepreneurialventuresis a sort of business refers to working style and function of entrepreneur so that business can achieve higher success in global market. This type of ventures includes both private and public sector. The private sector perform their responsibilities by identifying structure of public sector. The public sector provided services to public with help of government. Their objective is to deliver good quality of products to public so that productivity can increase.
Types Small business:- In this type of businesses, lots of people are not associated with firm. The few people are linked with company who works on a common goal. Large company:- In this type of businesses, they have different types of department who have same goal and objective. There is no limitation occur in this type of businesses.
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Social enterprises:- in this type of businesses, they have both primary and secondary goals. It is a type of organisation that utilize commercial strategies in order to improve social, financial and environmental well being. Cont.
The entrepreneurship ventures consist of different kind of businesses that are associated with business growth. There are some types of entrepreneurship ventures which are described below. Lifestyle enterprise:- in this, they manages businesses by managing lifestyle of public. In this enterprise, the value and requirements of people are consider by providing various opportunities to them such as job, etc. They also provides services and products to public as they are includes in social firms. Types of entrepreneurship
Growth enterprise:- The main goal of this type of firm is to increase more profits and revenue. They conform some innovative ideas that can bring profitability and productivity of businesses and they includes both small and large scale businesses. Cont.
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The similarities and differences of entrepreneurial ventures Similarities There are some similarities occur in private and public sector which are described below. The both sectors have same goal and objective such as delivering services and products to customers according to their requirements. It includes to generate innovative products that can attract customers which help in raising productivity and profitability of organisation.
Differences Cont. BasisPrivate businessPublic ObjectivesThis sector mainly focuses on higher profits and revenue of businesses. They have particular set of goals to enhance their productivity and profitability of company. This type of sector has some boundaries of function from which they have to follow some rules and regulation in their organisation. StructureIt exists of franchises and companies that are enforced. In this different agencies are included that function under government by considering all cities and countries.
Cont. SizeIn this type of businesses, the approx 2 number of shareholder and directors are a portion of this sector. In this type of sector, large number of people are associated with firms. This includes approx 3 director and 7 shareholders are linked with operation of organisation. ExampleThe Asda is a private organisation which operate their business at higher level. The NHS is a public sector organisation who function their business publicly.
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Conclusion Thispresentationconcludesthattheretherearedifferenttypes entrepreneurial ventures are occur globally. There are similarities and differences occur in this types of ventures.
References Volery, T. and Mazzarol, T., 2015. The evolution of the small business and entrepreneurship field: A bibliometric investigation of articles publishedintheInternationalSmallBusinessJournal. International Small Business Journal. 33(4). pp.374-396. Zacca, R., and et. al., 2015. Impact of network capability on small business performance.Management Decision.