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Entrepreneurship and Small Business Managements : Assignment

   

Added on  2021-02-20

17 Pages4155 Words31 Views
Leadership ManagementEntrepreneurshipProfessional DevelopmentStatistics and ProbabilityEnvironmental Science
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Entrepreneurship and small businessmanagement
Entrepreneurship and Small Business Managements : Assignment_1

ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Describe the different types of entrepreneurial venture and explain that how they relate tothe topology of entrepreneurship.................................................................................................3P2 Discuss about the Similarities and differences between the entrepreneurial ventures...........5M1 Diverse range of entrepreneur ventures in both public and private sector............................6P3 Interpret and access the relevant data or statistics to illustrate how micro and small businessimpact on the economy................................................................................................................8P4 Describe the importance of small business and enterprise start-ups to the growth of socialeconomy.......................................................................................................................................9TASK 2..........................................................................................................................................11P5 Characteristics, skills, and traits of successful entrepreneur................................................11P 6 Entrepreneurial personality reflect entrepreneurial motivation and mindset......................12P 7 Background and experience that can hinder and foster entrepreneurship with examples...13M4 Analyse the link between entrepreneur characteristics.......................................................13M3 Examine different lines of argument relating to entrepreneurial characteristics................13CONCLUSION................................................................................................................................1REFERNECS...................................................................................................................................2
Entrepreneurship and Small Business Managements : Assignment_2

INTRODUCTIONEntrepreneurship and small business management is the conceptual framework that help toperform different task to build the strong position in marketplace. The business managementprocess is designed to build the strong skill that help for managing and controlling in propermanner. This report will discuss about the different type of entrepreneurial venture and alsoexplain that how they can relate to the topology of entrepreneurship. This documentation willdescribe the similarities as well as differences between the entrepreneurial ventures.Furthermore, it will describe access the relevant data of micro and small enterprise impact on theeconomy. Moreover, it will describe the importance of small business and other start up toincrease the growth of social economy. It will determine the characteristic traits, skills ofsuccessful entrepreneur that differentiate from the business manager. This report will assess thathow aspects of entrepreneurial personality reflect the motivational and mind-set. At last, it willdescribe the background and experience can foster and hinder the entrepreneurship. TASK 1P1 Describe the different types of entrepreneurial venture and explain that how they relate to thetopology of entrepreneurship. Entrepreneurial venture is an individual those who are started and running the businesswith limited planning and resources. It is responsible for managing and controlling all the risk orrewards of enterprise venture (Awotoye and Singh, 2018). The enterprise generally encompassesthe new product and service rather than the existing business model. There are different type ofentrepreneurial venture and also related to the topology. Survival FirmIt is based on the independently owned business that operates for profit enterprise whichare not dominant in its field. The basic goal of survival ventures to grow the business for longterm benefits with possibility of eventual increase the sale. For Example- retail store, agricultureand other restaurants etc. This type of entrepreneurial venture can generate the payroll taxes andjobs but these are not large employers. It provides the better quality of product and services tothe consumer.
Entrepreneurship and Small Business Managements : Assignment_3

Life style FirmThis type of venture is based on the profit enterprises where they are combining withmotivator those who are having the strength, knowledge, skill and passion. The goal of life stylefirm to increase the profit rate and also self-directed the business that engage with the expertise. Aggressive growth FirmIt is based on the large business and there are more than 500 employee’s works. This typeof entrepreneurial venture is generating the substantial revenue and profit for the enterprises. Thelarge organizations are significantly employer in the community which tends to recognize brandimage and always maintain the reputations. For Example- AT&T is a telecommunicationcompany that has been increased their revenue in global marketplace. It is a leading organizationto maintain the growth and development. Entrepreneurship TopologiesA topology is based on the technology that can analyse the previous occupationalbackground which despite to increase the evidence of topologies for research purpose. Social topology- it applicable in the small business which required to improve the culture andsocial environment. It is important part of topology to create non-profit goals for providing thebetter product and services (Cheung and et.al.,2019). For Example- Social entrepreneurshipinclude the educational programs and providing the banking services in other areas. It alwaysputting some efforts to connect with the local communities for increasing the revenue. Socialtopology is related to the lifestyle firm that could be helping the orphaned children by disease.Scalable topology- this type of topology is the most important factor in terms of entrepreneurthat applicable in the survival firm that help to take current enterprise to next level. Scalabletopology generally the start-up of innovation cluster to make small percentage due to the risk ofcapital, outsize returns etc. Scalable topology is related the Survival venture to grow the businessbut does not effect on the
Entrepreneurship and Small Business Managements : Assignment_4

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