Scope of the Entrepreneurship
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Added on 2020-01-28
Scope of the Entrepreneurship
Added on 2020-01-28
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ENTREPRENERUSHIP
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1 Examine different types of entrepreneurial ventures and explain how they relate to thetypology of entrepreneurship..................................................................................................3P2 Explore the similarities and differences between entrepreneurial ventures......................5TASK 2............................................................................................................................................6P3 Assess and interpret relevant data and statistics in your mini-research, to illustrate howmicro and small businesses impact on the economy..............................................................6P4 Explain how important small businesses and business start –ups will contribute to thegrowth of the social economy.................................................................................................7TASK 3............................................................................................................................................8P5 Determine the characteristics, traits and skills of successful entrepreneurs, whichdifferentiate them from other business managers...................................................................8P6 Assess how aspects of the entrepreneurial personality reflect entrepreneurial motivationand mind-set...........................................................................................................................9TASK 4..........................................................................................................................................10P7 Examine , using relevant examples obtained through your mini-research, howbackground and experience can hinder or foster entrepreneurship. ....................................10CONCLUSION..............................................................................................................................11REFERECES.................................................................................................................................12
INTRODUCTIONEntrepreneurship may be defined the process, designing and running a new businesses.Entrepreneurship is applied on the start-up business. The work of the entrepreneurs are offeringthe product and services. The entrepreneur is main part of the entrepreneurship. The entrepreneurlunched the production factor. There are many production available in the entrepreneurship likehuman resource,financial factor,manufacture factor (Altman, Sabato, and Wilson, 2010).Entrepreneur developing the business plan,human resource,leadership. Entrepreneurial consiststhe risk factor. Entrepreneurship regulated the innovative,small size,and start-ups of thecompany. The entrepreneurship consists the nature of the small level,median level and large sizefirm. The entrepreneurship system is defined the government program and services.Entrepreneurship provide the training from the school,collages and financial factor like mutualfund,venture capital,rate on interest ,private limited company. The scope of the entrepreneurshipdefined the many sector like school,hospital,university and new business start-ups. Theentrepreneur provide the innovative ideas for starting the new business. The entrepreneurshipcreating the health of the economic and organisation level.TASK 1P1 Examine different types of entrepreneurial ventures and explain how they relate to thetypology of entrepreneurship.The entrepreneurship have many entrepreneurs they create the innovativeideas,creatives things. The entrepreneurs are as follows-Innovative entrepreneurs: The entrepreneurs is create the innovative ideas. The entrepreneurshave the ability foe creating the new ideas for starting the business. It manage the organisationobjective and goals. The leader and the contributor for the economic sector they developing thesociety. The organised related by the brake fast club in small industry (Cowling, Liu,and Ledger,2012).Imitating entrepreneurs: The Imitating entrepreneurs have own innovative and creative ideas.This entrepreneurs permits the innovative entrepreneurship. The entrepreneurs consists thesituation of the market and industry. The entrepreneurs create the difficulties of the new andinnovative ideas. Development of the brake fast club developing the small company andmanufacture in the entrepreneurship. The entrepreneurs create the small business activity and
full fill their needs for achieving the innovative ideas. They relate to the typology ofentrepreneurship because the entrepreneurship refer to the self employed . Feminist entrepreneur: the entrepreneur applied the individual entrepreneurship with creatingthe organisation goals and objectives. The entrepreneur motivation the employees for innovativeand creating the initiative ideas. The entrepreneur create the social health and care of the people.The work of the entrepreneur is designed the new ideas and planing of the innovative andinitiative business. the entrepreneur consider the leadership,management,motivation,and teambuilding the process. The entrepreneur create the risk of the profitability ratio in the company.the utilisation of the work is defined the technology base system. The entrepreneur increasing theproductive ,introducing the new product and service. The entrepreneur use the effectivecommunication with the partners and investor (Islam, Khan, and Alam,2010).Fabiansentrepreneurs: The Fabians entrepreneurs implementing the new ideas and developing the smallindustry. The Fabians entrepreneurs do not show the initiative ideas and innovative developmentin the start-ups process.Drone entrepreneurs: The Drone entrepreneurs is a social entrepreneurs consists the socialobjective in various organisation including the education sector ,health care sector, hospitalitysector. The entrepreneurs drive the social innovative ideas and objective. The entrepreneurapplied the traditions practices.Project entrepreneurship: project entrepreneur use the new technology system in the businessstart-ups process. The project entrepreneur create the innovative and initiative plan for the newbusiness start-up. The project entrepreneur create the critical challenges and risk of thebusinesses. The entrepreneur analysing the new businesses ,new ideas and characteristic for thenew venture. The entrepreneur was grow thing the industry,growth the high technologysystem,high capital, small average in the new business. The entrepreneur collection the outsidedebenture,external factor of the capital requirement. Scalable start-up entrepreneurship: the entrepreneurship create the one day of the companyvision and mission. The entrepreneurship create the new ideas and initiative plan in the startingthe new business (Forsmanand Temel,2011.).Large Company Entrepreneurship:the large number of the entrepreneur create the company lifecycle in the organisation. The entrepreneur create the large number of the company they producethe new production of the product. They create the new technology system in large number. The
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