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Entrepreneurship and Small Business Management Aspects: Doc

   

Added on  2021-02-19

7 Pages1950 Words33 Views
Entrepreneurshipand Small BusinessManagement

Table of ContentsINTRODUCTION...........................................................................................................................1ACTIVITY 1....................................................................................................................................1Covered in booklet................................................................................................................1ACTIVITY 2....................................................................................................................................1P5.Ascertain the characteristics attribute and ability of successful businessperson thatdistinguish them from other business manager......................................................................1P6 .Measure how characteristic of the businessperson attribute indicate enterprising status andmindset...................................................................................................................................3P7 .Background and experience can obstruct or surrogate entrepreneurship.........................3CONCLUSION................................................................................................................................4REFERENCES:...............................................................................................................................5.........................................................................................................................................................5

INTRODUCTIONEntrepreneurship involves the survey of how businesses are designed as well as theprocess of opening a fresh enterprise. It can also be termed as the activity of designing,presenting and running a firm business. This reports work will cover about different form ofentrepreneurial ventures and a evidence of how these tie to classification and their discussion ofsameness and variation. It includes creation and assessment of relevant data and statistic forstudding entrepreneur impact on economy. This report also give emphasis on the variousattribute and ability of the businessman and all about their background and experiences. Aspectsabout mindset and motivation of entrepreneurs along with factors like background and educationwhich hinders or fosters the success of entrepreneurs are discussed in this report. A globalbusiness consultancy firm Make it work helps upcoming entrepreneurs by advising them abouthow they can start their own enterprise.ACTIVITY 1 Covered in bookletACTIVITY 2P5.Ascertain the characteristics attribute and ability of successful businessperson that distinguishthem from other business manager.An entrepreneur is the individual who has the willingness of opening a new undertakingand the ability to bear all risk which are attached to the business. Every entrepreneur is requiredto have various ability and traits which will support them in carrying out business activities(Hatten, 2015). This efficiency and skills will help the entrepreneur so that they can maintain thesustainability of the business for a longer period of time. Henry ford and Alan sugar bothoperates their business with full efficiency and efforts. They both entered the market with theirinnovation ideas creativity of operating a business successfully and are known worldwide. Somedistinctive, attribute and ability that are present among all entrepreneurs are mention as below:Characteristic :Passion :With the implementation of this quality Henry Ford and Alan sugar focusedtoward achieving the targeted goals and objectives. This distinctive distinguish them from1

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