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Entrepreneurship: Characteristics, Impact on Economy, and Mindset

   

Added on  2023-04-04

18 Pages3584 Words221 Views
Business Development
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Entrepreneurship
Name
Entrepreneurship: Characteristics, Impact on Economy, and Mindset_1

Entrepreneurship
Institution name
Page 2 of 18
Entrepreneurship: Characteristics, Impact on Economy, and Mindset_2

Entrepreneurship
Contents
Introduction:..........................................................................................................................................4
Task 1....................................................................................................................................................5
LO1 explore and illustrate the range of venture types that might be considered entrepreneurial:......5
TASK 2.................................................................................................................................................9
LO2 assess the impact of small businesses on the economy..............................................................9
TASK 3...............................................................................................................................................12
LO3. Determine and assess the key aspects of an entrepreneurial mind-set....................................12
TASK 4...............................................................................................................................................16
LO4. Examine the different environments that foster or hinder entrepreneurship...........................16
References...........................................................................................................................................18
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Entrepreneurship
Introduction:
Entrepreneur is a different type of business in the market. Entrepreneur means a person or
individual who systematize and operate a businesses, taking normal financial risks for
investment. Various type of entrepreneur in the global market. Generally entrepreneurs
known as risk takers. They are mainly deals with innovative ideas, products for the people.
Innovative business ideas, taking financial risks are the main characteristics of entrepreneurs.
Most of the entrepreneur businesses are collaborative or joint ventured. A successful
entrepreneur comes up with innovative idea or providing services to the customers.
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