Entrepreneurial Venture Types: A Business Management Perspective

This essay provides an overview of various entrepreneurial venture types, including social enterprises, large-scale businesses, small-scale businesses, and startup ventures. It discusses the characteristics of each type, highlighting their similarities and differences. A key similarity across all venture types is their focus on creating value, with innovation playing a crucial role, particularly in small and medium-sized businesses. Differences lie in the sectors they operate in, the ideologies they pursue, and the capital investments required. The essay emphasizes that while ideas may vary depending on the sector, the fundamental goal of creating value remains consistent across all entrepreneurial endeavors. Desklib provides a platform to access more solved assignments.

Business Management

Illustrate the range of venture types that might
be considered entrepreneurial

 Entrepreneurial ventures are said to be those targets that are
brought about by various period in the organisation that will
also try to motivate the organisation with regard to the financial
gains and profits.
 It is said to be one of those targets that will have to be
achieved organisation such that the growth as well as the
shares that are oriented in the organisation can create a high
value in the market.
 Entrepreneur is the one who is innovative and thoughts and
ideas are oriented in such a way that the organisation or the
business that is being run by the entrepreneur will flourish with
the so-called profits (Hrechyshkina and Samakhavets, 2019).
This Photo by Unknown Author is licensed under CC BY-SA

Social Enterprise: social enterprise is one in which the
services that are rendered to the society are included. The
aims and objectives that are in regard to the organisation will
contribute for the demands that are to be satisfied. There is a
purpose and an action that is incorporated in the cooperative
societies of this particular enterprises.
Large scale businesses: these are regarded to be that
particular organisations in which there will be a huge amount
of capital and investment. It is a different scenario from that of
small scale businesses and it is also determined to be one of
the best processes that will involve a number of scalable
solutions.

Small scale business: the small scale businesses are those
that are being run by individuals or small enterprises that
include activities which include plumber, carpenter etc. There
are certain small characteristic that are in regard to this
particular Enterprises and their investment is determined by
the savings and their own money.
Startup Ventures: The start-up Venture are small businesses
that is opened up on a particular theme and are also
represented by various processes. There are many risks that
are oriented with Startups and also the provision of financial
assistance is said to be gratified by the investors (Contractor
and et.al, 2020).

 One of the major similarity that will fall in regards to all the venture
types is that they focus upon value.
 Value is said to be one of the favourable entity that is being ratified by
people all around.
 The Marketplace is immense and it is also composed of different type
of opportunities and therefore the most important similarity for all the
types of entrepreneurs is creating value.
 The other similarity that will usually coin side with the prospect of
small businesses as well as the moderate businesses is the element
of innovation. The essential ventures that are a part of innovation
ideas are said to be maximized by the kind of essential features that
are being developed by the organisation (Belas and et.al, 2019).
Similarities

Differences
 Though there are many similarities in regard to the
organisations at the ideas will be different.
 The ideas will vary depending upon the kind of sector the
entrepreneur is working about.
 Few might be having ideologies to represent a retailing
sector whereas the others might focus upon an automobile
industry.
 The difference lie in the sectors as well as the ideology with
which they are moving ahead.
 The investments that are put forth as a capital is also
different from one another.
 The capital investment will depend upon how far the
organisation is moving ahead with all the speculations.