Report on Entrepreneurship Growth in Corporate World
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Added on 2020-06-05
Report on Entrepreneurship Growth in Corporate World
Added on 2020-06-05
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UNIT 9ENTREPRENEURSHIP
Table of ContentsINTRODUCTION ..........................................................................................................................1Task 1...............................................................................................................................................1P.1 Different types of entrepreneur venture with typologies .....................................................1P.2 Similarities and different between entrepreneurial venture .................................................2Task 2...............................................................................................................................................4P.3 Micro and small business impact on economy ....................................................................4P.4 Importance of small business and business start up .............................................................5Task 3...............................................................................................................................................6P.5 Characteristic and traits of successful entrepreneur .............................................................6P.6 Entrepreneur personality reflect entrepreneur motivation and mind set...............................8Task 4...............................................................................................................................................9P.7 Background and experience is help to increase level of performance .................................9Conclusion.......................................................................................................................................9Reference.........................................................................................................................................1
INTRODUCTION Entrepreneurship is help to determine effective activity to set up the organisation. In thisway, innovation done in the entity in organisation. It is help to solve business issue anddevelopment of nation. In this context present report is based on the Qbic hotel. This is basicallylocated in united kingdom and provide different kinds of serves (Shekhar, and et.al 2017). Withthis regard, entrepreneur is focus on the social need and improve them. In this report is focus onthe different aspects of entrepreneurship and use them in corporate world. Mind set andmotivation is help to reflect entrepreneurial personality in corporate world. In this report alsofocus on background and experience may hindrances and foster for entrepreneurship is help togrowth in corporate world. Task 1P.1 Different types of entrepreneur venture with typologies Entrepreneurship refers a path to carry out work in organisation. It is help to maintainedthe work in organisation. In this way, entrepreneur is used different kinds of venture are asfollows :-
Small business enterprise :- In small business enterprise, entrepreneur is not makinghuge profit in the business and but they stand in there position to feed there familymembers and easily live there livelihood (Koe, and Majid., 2014). For example smallgrocery shop, carpenter etc. all such inculcated in small business enterprise. Mostly theytook there loan form friends and family members. Scalable start-up enterprise :- In this type of entrepreneur is use innovative idea forevery new products and services. In small business innovation is help to maintain thegrowth rate in organisation (Ghosh, and Guha, 2015). Entrepreneur is focus on missionand vision in organisation work force. It helps to improve performance and achievegrowth rate in market. For any start-up entrepreneur is take risk. Large company entrepreneurship :- In large company have many opportunities to takebusiness in higher level. In large company entrepreneurship introduce existing productwith the help of modification in market (Evans and Williamson, 2017). Aftermodification is help to increase level of customer in market. In large entrepreneurship isuse research and development for future growth and provide budget for research anddevelopment in organisation. Funding for such business is introduced for IPO and loanfrom the bank. Social entrepreneurship :- In social entrepreneurship is focus to satisfy social need andwants (Koe and et.al 2014). In social entrepreneur is not target the market growth butonly target social needs in organisation. There are all about the different entrepreneur venture and help them to achieve market growth. Inthis way, some typologies are as follows :- The skeptical entrepreneurship :- In this entrepreneurship is focus on to rise thequestion and maintain the growth rate in organisation. Skeptical is never be-live insuccess, they took action as per the experience. The researcher entrepreneurship :- In researcher entrepreneurship is learned withresearch work and try to execute new ideas in market (Koe and et.al 2014). But sometime it creates problems, if research work in not proper in any field. Research work inhelp to expand the market and introduce new activity in market. The copycat entrepreneurship :- In this type of entrepreneur is smartest in corporateworld. They can copy each and every activity's in different organisation and working
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