(Solution) Entrepreneurship and Small Business Management Doc

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Entrepreneurship andSmall BusinessManagement
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3TASK 2............................................................................................................................................5TASK 3............................................................................................................................................7TASK 4............................................................................................................................................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................12
INTRODUCTIONEntrepreneurship and small business management is a process of identify the newprogram to prepare the student to develop the self employment in small business organization.The entrepreneurship includes training and development program to motivate to the student tostart a new business. It is an effective process to define skills and opportunities which isimportant to start a new business (Islam and et. al., 2011). Now days, the entrepreneurship andsmall business management is a effective combination to develop the new business in the marketwhich is involve the new ideas and innovative process to create a effective environment to thestudent to set the business in market. Small business management help in development of thecountry.. The small business management a important to evaluate the policy and strategy that canhelp to established a good business in market. Small business management is a option of thesuccessful career to develop the learning process and enlarge of the knowledge and skills whichcan help to grow the business effectively to get appropriate success. In the below mentionedreport has been define the different entrepreneur that can develop the new and effective businessin market an also discuss about the typology of the entreprenuership .TASK 1Entrepreneurship is business start-up process which can define initiative plans andinnovation ideas to identify the business in organization . It is systematic process of designingand lunching a new business that can be evaluate risk and hope of the profitwhich can be definethe effective process that can be generate the effective sales in the marketr place. (Sampaio,Thomas and Font, 2012). Entrepreneurship is a small business that can be provide as well asintroduce a new product and service in the market which can be achieve the high profitabilityand improve the business performance. In this process of start-up business the risk can help tomake profit. In the start of the business, the risk is very high and profit is low. The entrepreneur
start a new business with high risk and also evaluate the opportunity for taking decisionsregarding product as well as service which is provided to the customers according to the demand.Basically, entrepreneurship is start-up business which faces many hurdles and risks to generatethe appropriate profit. Entrepreneurial activity is a effective process to introduce a new business in the marketso that they can evaluate the systematic process to define efficiency and effectiveness in thebusiness toachive appropriate target. It can evaluate the rate of the business according to theindividual owner who is star a new business in the market to achieve the predetermine target. Inthe business the entrepreneurial activity is essential part which can measure the performance aswell as productivity of the business in the organization (Carraher and Paridon, 2015). It can bedefine the business structure and competition in the economy and it can be evaluate the processof the entrepreneurial activity that can be helpful in manageing the whole business activity.basically the activity of the entrepreneurial which is focus on the business process that haw toevaluate the effective product in market so that the customers satisfy regarding the product it canhelp to increase the profitability. Enterprise is a company and a business that can be able to produce the effective productto the customers use and define the effectivenesses to satisfy the service user in the market thatcan help to get more profit in the organization. It is a skills which can be evaluate the the plan torun the business in market with high risk that can help to achieve the effective and appropriateprofit to increase the performance of the business in the market. Business is a important part ofthe market that can be introduce the new product and service for the customers use. Effectivebusiness create a new and innovative prices as well as idea to attract the customers in a largenumber (Shane, 2012).Serial entrepreneur is an individual who is established the new business with new ideas.They are individual person who have more experience to evaluate the effective success in thebusiness. Serial entrepreneur is important to all business as he gives new idea to the organization.They enjoy the process of start-up in an effective manner that can determine the moreprofitability in the business process.Entrepreneurs are employee in a company who is work for the organization withinitiatives and innovative ideas. The entrepreneurs are important to the business that can help tointroduce the new product and service to the customers mind which is define the need and wants

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