Entrepreneurship Development Program Meaning As the term itself denotes, EDP is a programme meant to develop entrepreneurial abilities among the people. In other words, it refers to inculcation, development, and polishing of entrepreneurial skills into a person needed to establish and successfully run his / her enterprise. Thus, the concept of entrepreneurship development programme […]
Entrepreneurial Motivation Meaning The entrepreneurial motivation is the process that activates and motivates the entrepreneur to exert higher level of efforts for the achievement of his/her entrepreneurial goals. In other words, the entrepreneurial motivation refers to the forces or drive within an entrepreneur that affect the direction, intensity, and persistence of his / her […]
Entrepreneurial Competency Meaning The business operation is considered to be very complex in a competitive business environment, which is constantly changing with fast technological advancements. An entrepreneur is expected to interact with these environmental forces which require him to be highly competent in different dimensions like intellectual, attitudinal, behavioural, technical, and managerial aspects. Entrepreneurs […]
Problems faced by Entrepreneurs Entrepreneurs face a number of problems in the promotion of units and during production,marketing,distribution,procurement of raw material,and availing of incentives offered by the State government. The problems of entrepreneurs may be divided into two groups-external and internal.External problems are those, which result from factors beyond the control of entrepreneurs while […]
Problems faced by Entrepreneurs Entrepreneurs face a number of problems in the promotion of units and during production,marketing,distribution,procurement of raw material,and availing of incentives offered by the State government. The problems of entrepreneurs may be divided into two groups-external and internal.External problems are those, which result from factors beyond the control of entrepreneurs while […]
SPECIFIC ENTREPRENEURSHIP CHALLENGES IN INDIA The following are the important challenges faced by Indian Entrepreneurs. 1. Family Challenges: Convincing to opt for business over job is easy is not an easy task for an individual. The first thing compared is – Will you make more money in business of your choice or as a […]
Challenges faced by New Entrepreneurs 10 Most Important Challenges faced by New Entrepreneurs An entrepreneur is one who plays significant role in the economic development of a country. Basically an entrepreneur can be regarded as a person who has the initiative, skill and motivation to set up a business or an enterprise of his […]
Challenges faced by new Entrepreneurs An entrepreneur is one who plays significant role in the economic development of a country. Basically an entrepreneur can be regarded as a person who has the initiative, skill and motivation to set up a business or an enterprise of his own and who always looks for high achievement. […]
Entrepreneurial Process – Stages/ Steps Entrepreneurship is a process, a journey, not the destination; a means, not an end. All the successful entrepreneurs like Bill Gates (Microsoft), Warren Buffet (Hathaway), Gordon Moore (Intel) Steve Jobs (Apple Computers), Jack Welch (GE) GD Birla, Jamshedji Tata and others all went through this process. To establish and […]
Entrepreneurial Process Entrepreneurship is a process, a journey, not the destination; a means, not an end. All the successful entrepreneurs like Bill Gates (Microsoft), Warren Buffet (Hathaway), Gordon Moore (Intel) Steve Jobs (Apple Computers), Jack Welch (GE) GD Birla, Jamshedji Tata and others all went through this process. To establish and run an enterprise […]
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