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Entrepreneurship & Small Business Management Skills

   

Added on  2020-10-22

8 Pages2107 Words250 Views
Entrepreneurship andSmall BusinessManagement
Entrepreneurship & Small Business Management Skills_1
Table of ContentsINTRODUCTION...........................................................................................................................1ACTIVITY 1....................................................................................................................................1P1 & D1 Covered in booklet.......................................................................................................1P2 Covered in booklet.................................................................................................................1M1 Covered in booklet ...............................................................................................................1P3 Covered in booklet ................................................................................................................1P4 Covered in booklet.................................................................................................................1M2 Covered in booklet................................................................................................................1D2 Covered in booklet................................................................................................................1ACTIVITY 2....................................................................................................................................1P5 Characteristics, traits, skills of successful entrepreneurs.......................................................1P6 entrepreneurial aspects which reflects on motivation and mindset......................................2M3 Explore and examine different lines of arguments relating to entrepreneurialcharacteristics..............................................................................................................................3D3 Analysis of characteristics, traits, skills and motivational drivers of successfulentrepreneurs...............................................................................................................................3P 7 The way in which background and experience can foster entrepreneur ..............................3M4 Link between entrepreneurial characteristics that influence personal background andexperience...................................................................................................................................4D4 Critical evaluation of back ground and experience of entrepreneurs....................................5CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6
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INTRODUCTIONEntrepreneurship can be defined as the process of identifying growth opportunities thatare available in the market. There are various types of ventures such as small, scalable, large andsocial that are established by individuals for the purpose of attaining higher profits. Most of thesmall entities are operated with the help of limited resources that contributes towards theirdevelopment. In this project report various topics are discussed such as illustration of the rangeof entrepreneurial ventures, their typologies and impact of small businesses on the economy.Determination and assessment of the key aspects of entrepreneurial mindset and differentenvironments that foster and hinder businesses have also been covered under this report.ACTIVITY 1P1 & D1 Covered in bookletP2 Covered in bookletM1 Covered in booklet P3 Covered in bookletP4 Covered in bookletM2 Covered in bookletD2 Covered in bookletACTIVITY 2P5 Characteristics, traits, skills of successful entrepreneursEntrepreneur is one who innovates and exercises new ideas in market and makesuccessful business. A person who bear risks and make innovation to introduce a new product orsets up business deals is known as businessperson. For instance, Mark Zuckerberg and Bill gatesare most prosperous businessman all over the world. They follows some characteristics,traits,and skills as on-Characteristics:Believe in themselves: This is the most important thing for any successful businessmanthat they should have believes in their work. This contains overcoming doubt, fear, respect issueetc. Bill gates and Mark Zuckerberg are co-founders of Microsoft corporation and Facebook. In1
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