logo

Entrepreneurship and Small Medium Enterprise

13 Pages4310 Words44 Views
   

Added on  2020-06-06

Entrepreneurship and Small Medium Enterprise

   Added on 2020-06-06

ShareRelated Documents
ENTREPRENEURSHIPAND SMALL MEDIUMENTERPRISE
Entrepreneurship and Small Medium Enterprise_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Description on various kinds of entrepreneurial ventures with regard to typology ofentrepreneurship. ........................................................................................................................1P2 Dissimilarities and similarities between various kind of entrepreneurs ventures..................3TASK 2............................................................................................................................................4P3 Effect on the micro and small business on the economy of the UK......................................4P4 The SME and start up have effective contribution in social economy growth after berxit...5TASK 3............................................................................................................................................5P5 Description on the attributes, features and abilities of the entrepreneur in order to makedifference with managers............................................................................................................5P6 Define the mindset and motivation of entrepreneurial with the help of entrepreneurialpersonality...................................................................................................................................6P7 Description on the experience and background which help in manner to fosteringentrepreneurship..........................................................................................................................7CONCLUSION................................................................................................................................7
Entrepreneurship and Small Medium Enterprise_2
INTRODUCTIONEntrepreneurship takes various steps in order toestablish business function in all effective steps in order to grow firmsprofitability and productivity. He is person who is ready to take risk andchallenge all business function sufficient manner. The entrepreneurship andsmall business management are two pillars who are trying hard in orderto develop product and service. With the help of impressive working ofsmall business enterprise, the UK is able to earn high revenue canmaintain its economy profile in sufficient manner. The entrepreneur is theperson who is capable of taking his own risk in manner to earn hugeamount of profit. He is taking various steps in order to develop andmanage the organisation so that firm can maintain its brand image. Thepresent report is giving focus on the two entrepreneurs who is takingvarious steps in order to promote successful business. In this RichardBranson and Mark Zuckerberg worked hard to develop business hurdlesand they focused onto to have effective growth of organisation (Bruni,Gherardi and Poggio, 2014). In this present report the effectiveness andefficiency of two successful entrepreneurs are given such are as RichardBranson and Mark Zuckerberg.TASK 1P1 Description on various kinds of entrepreneurial ventures with regard to typology ofentrepreneurship. The term entrepreneurship termed as the individual who take various step in order toestablishes firm with the aim to earn large amount of profit. In these different types of firmswhich are initiated by individual with the specific aim to earn objective of organisation in largeextent. These are defined in following manner are as- 11Small business enterprise- This stem can be taken as initiate level to start somethingnew. This firm carrying operations like small groceries stores, travel agents, plumbersand many other kind of small business activities so that person can earn productivity and1
Entrepreneurship and Small Medium Enterprise_3
profitably (Drucker, 2014). The small enterprise are open to earn part of revenue so thatbusiness can earn for longer period. This kind of the venture are easily witnessed in theUK. the main objective of this firm is to earn large amount of the profitably so that firmis able to run its activities effectively. The main aim is to gain their livelihood. In thiskind of firms the operation of business can be carried with small amount of funds andsome people used to borrow such amount from their friends and family so that businessactivities can be started. In this the proper research and all decision relation to firmactivities is carried out by person who is owner of such store. The main aim is to satisfythe expectation of customer so that they can enhance the more amount of productivityand profitability. To earn revenue is the typology of this firm. 11Scalable start-up Entrepreneurship- The main aim of this kind organisation is to bringinnovation in there services which help in manner to gather the attraction of variousinvestor towards their ideas. The main aim of this kind of firm is to provide somethingnew to customer with modern approach. In UK this kind of the venture is mainly focusedby the fancy ideas and the innovative things. This will help to enhance the firmprofitability and productivity. This kind of the firm are taking various initiative inrelation to establish their own set up in the firm. They don't believe onto relay on the oldtechnique. They like to bring upgraded techniques in their operation so that firm can runtheir activities in fast and effective manner. The main object of typology of this kind ofbusiness enterprise is to provide innovative product and service to customers so thereexpectation can be full filled and firm can earn large amount of profitability. The firms ofUK are taking various efforts in order to provide new and fancy ideas on the basis ofupgraded technology (Cerrato and Piva, 2012). The function of the small businessenterprise is very important in order to make activities of the firm more sufficient in wayto achieve maximum profitability.11Large company entrepreneurship- This are the organisation who are carrying theirbusiness activities at the large level. They used to gather the attraction of buyers bybringing up of innovative methods in their goods and services. They follow all the marketstrategies and updates so that there business can run smoothly. They are taking variouseffective steps in manner to bring competitive advantage so that they can earn maximummarket share (Herbane, 2010). They trust to take big deal so there business can earn large2
Entrepreneurship and Small Medium Enterprise_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Report on Working of Small Business Enterprise
|14
|4980
|111

ENTREPRENEURSHIP TABLE OF CONTENTS
|12
|4089
|368

What Makes an Entrepreneur ?
|13
|4479
|105

Entrepreneurs and Small Business Enterprises Analysis
|12
|4279
|30

Entrepreneurship and Small Business Management - Starbucks
|15
|4304
|30

(Doc) Entrepreneurship & Small Business Management Report
|13
|3834
|38