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Fundamentals of Entrepreneurship | Assignment

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Added on  2019-11-25

Fundamentals of Entrepreneurship | Assignment

   Added on 2019-11-25

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Running head: FUNDAMENTALS OF ENTREPRENEURSHIPFUNDAMENTALS OF ENTREPRENEURSHIPName of the StudentName of the UniversityAuthor Note
Fundamentals of Entrepreneurship | Assignment_1
1FUNDAMENTALS OF ENTREPRENEURSHIPSummaryEntrepreneurship is a process of creating a business and designing a new product to themarket. This process is generally for the small business where a new idea or thinking is neededto enhance their market. An innovative form of entrepreneurship has provided an effectivechange in small business and learning business methods to analyze the market condition of thecompany. There are certain fundamentals of the organization. Planning and faith in businessexpress the realism thought to enhance the business process. This is a realistic and efficient planthat organization set for their employees to achieve (Nandan, 2013). In such cases, organizationobjective and aim must be fulfilled and maintained. The true value of the product is another formof value assumption that business wants for their product. In such cases, the organization has toset their target customers (Karimi et al. 2016). Business will enhance in an emphatic manner iftarget customers are chosen in a right way. Unique attribute offers and gains the competitiveadvantage is the right way to bring success to the company. Every business has a separatemarket, so recognizing of that market is the essential factor that companies need to be understood(Sloan, 2015). This market will provide the low cost in logistics, outsourcing or supply chainprocess thus market segregation is the right way to understand the business potential. Thebusiness model must be the unique one as people will attract more if the good business modelwill be implemented in business (King, 2015). For adding more value in business upgradedservice level and the proper economic plan is required to maintain a better business surrounding.Turn 8 is an ecosystem edifice company which is entirely based on the instructionprograms, mentorship, and economic sectors. They have started their business 2013 and withinfour years they are providing global support in mentioning sectors. The company has excellentideas and their business acceleration is depending on their innovation processes. They have some
Fundamentals of Entrepreneurship | Assignment_2

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