Entrepreneurship: Venture Types, Intrapreneurship, and Comparisons

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Added on  2023/01/13

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AI Summary
This presentation delves into the core concepts of entrepreneurship and small business management. It begins by defining key terms like 'entrepreneur' and 'intrapreneur,' highlighting the distinctions in their roles and approaches within a business context. The presentation then explores various types of entrepreneurial ventures, encompassing both private and public sectors, and details the characteristics of small businesses, large companies, and social enterprises. Furthermore, it provides a comprehensive overview of different types of entrepreneurship, including lifestyle and growth enterprises, examining their objectives and operational styles. The presentation also draws comparisons between private and public sector ventures, discussing their objectives, structures, and sizes, and providing real-world examples. Through this analysis, the presentation aims to provide a comprehensive understanding of the diverse landscape of entrepreneurship and the key factors that contribute to business success.
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Entrepreneurship
and Small business
management
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Content
Introduction
Entrepreneur and intrapreneur
Difference occur in between entrepreneur and intrapreneur
Entrepreneurial ventures and their Types
Types of entrepreneurship
The similarities and differences of entrepreneurial ventures
Conclusion
References
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Introduction
Entrepreneur refers to individual who use resources, organise and manage
businesses strategies. With the help of resources, entrepreneur can design
and run a new business. In this ppt, the different types of entrepreneurs and
similarities and differences between them are covered.
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Entrepreneur and Intrapreneur
The entrepreneur is refers to one who takes
and manages risks so that business profits
can be increased.
The main objective of intrepreneur is to build
new and innovative products according to
requirements of customer.
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Difference occur in between
entrepreneur and intrapreneur
There is difference occur in between entrepreneur and intrapreneur according to
their working style. The entrepreneur is define as the leader of his business
operation in which they take effective decisions on their own. The intrapreneur
is an itself a employee of an organisation. It refers to implement new strategies
by considering all work employees of their businesses.
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Entrepreneurial ventures and their
Types
The entrepreneurial ventures is a sort of business refers to working style and
function of entrepreneur so that business can achieve higher success in global
market. This type of ventures includes both private and public sector. The private
sector perform their responsibilities by identifying structure of public sector. The
public sector provided services to public with help of government. Their objective
is to deliver good quality of products to public so that productivity can increase.
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Types
Small business:- In this type of businesses, lots of people are not associated with
firm. The few people are linked with company who works on a common goal.
Large company:- In this type of businesses, they have different types of
department who have same goal and objective. There is no limitation occur in
this type of businesses.
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Social enterprises:- in this type of businesses, they have both primary and
secondary goals. It is a type of organisation that utilize commercial strategies in
order to improve social, financial and environmental well being.
Cont.
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The entrepreneurship ventures consist of different kind of businesses that are
associated with business growth. There are some types of entrepreneurship
ventures which are described below.
Lifestyle enterprise:- in this, they manages businesses by managing lifestyle of
public. In this enterprise, the value and requirements of people are consider by
providing various opportunities to them such as job, etc. They also provides
services and products to public as they are includes in social firms.
Types of entrepreneurship
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Growth enterprise:- The main goal of this type of firm is to increase more profits
and revenue. They conform some innovative ideas that can bring profitability
and productivity of businesses and they includes both small and large scale
businesses.
Cont.
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The similarities and differences of
entrepreneurial ventures
Similarities
There are some similarities occur in private and public sector which are
described below.
The both sectors have same goal and objective such as delivering
services and products to customers according to their requirements.
It includes to generate innovative products that can attract customers
which help in raising productivity and profitability of organisation.
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Differences
Cont.
Basis Private business Public
Objectives This sector mainly
focuses on higher
profits and revenue of
businesses. They have
particular set of goals to
enhance their
productivity and
profitability of company.
This type of sector has
some boundaries of
function from which
they have to follow
some rules and
regulation in their
organisation.
Structure It exists of franchises
and companies that are
enforced.
In this different
agencies are included
that function under
government by
considering all cities
and countries.
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Cont.
Size In this type of
businesses, the approx 2
number of shareholder
and directors are a
portion of this sector.
In this type of sector,
large number of people
are associated with firms.
This includes approx 3
director and 7
shareholders are linked
with operation of
organisation.
Example The Asda is a private
organisation which
operate their business at
higher level.
The NHS is a public
sector organisation who
function their business
publicly.
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Conclusion
This presentation concludes that there there are different types
entrepreneurial ventures are occur globally. There are similarities
and differences occur in this types of ventures.
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References
Volery, T. and Mazzarol, T., 2015. The evolution of the small business
and entrepreneurship field: A bibliometric investigation of articles
published in the International Small Business Journal.
International Small Business Journal. 33(4). pp.374-396.
Zacca, R., and et. al., 2015. Impact of network capability on small
business performance. Management Decision.
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Thank You
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