Impact of Micro and Small Business Ventures on the Economy

Entrepreneurial
Ventures
Task 3 and Task 4

Table of Content
• Introduction
• Interpret relevant data and statistics to relate how micro and small business ventures
impact the economy at different levels
• Using relevant data and statistics, compare the differences between micro-, small-,
medium and large business and their impact on the economy.
• Appraise impacts of different businesses on different levels (international, national,
regional, local) of the economy using appropriate data and statistics.
• Discuss the differences and similarities between public and corporate intrapreneurship
• Explore the benefits of intrapreneurship and its contribution to competitive advantage
in organizations
• Evaluate the use of intrapreneurship and the benefits it can bring to organisations
• Conclusion
• References

Introduction
• Small medium enterprises are
independent and non subsidiary
company which hires fewer number of
employees than the given number in
their business. Intrapreneurship is
related to behaving like an
entrepreneur in the large company
while working in it.

Interpret relevant data and statistics to relate how
micro and small business ventures impact the
economy at different levels
Defining SMEs (small-medium
enterprises) with some examples
• Small and medium size
organisation are the businesses whose
revenue and personnel number is
limited and falls below some limits.
These firms are privately owned
companies whose workforce, capital
and assets falls below some point of
level.