12901909 entrepreneur
TRANSCRIPT
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WELCOME
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ENTREPRENEUR
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MEANING
The word derived from the french word
Entreprendre
Which means who undertake the risk of newENTERPRISE
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INTRODUCTION
The agent who buys mean of production atcertain prices in order to combine them intoa product .
Which going to sell at uncertain prices.
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According To Peter F. Drucker
Entrepreneur ,
Is must be an innovator
Capable to analysis the opportunitiesMust be very simple to understand
He need not be owner of the business
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TRAITS OF GOOD ENTREPRENUER
INNOVATOR
RISK TAKER
GOOD ORGANIZER
SELF CONFIDENCE
DECISION MAKER
HARWORKER
GOAL SETTER
HIGHLY OPTIMISTIC
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SOCIALLY RESPONSIBLE
STRATIGIC PLANNER
BOLD AND BRAVEGOOD COMMUNICATER
MENTALLY SOUND
LEADERSHIPACCOUNTABILITY
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FACTORS EFFECTINGENTREPRENEUR
ENTREPRENEURIALS
PROMMOTIONAL FACTORS
MANAGERIAL FACTORSCOMMERCIAL
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ENTREPRENEURIAL FACTORS
INNOVATION
RISK TAKING
ORGANISATION BUILDER
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PROMOTIONAL
DISCOVERY OF AN IDEA
DETAILED INVESTIGATION
ASSEMBLING THE REQUIREMENTS
FINANCING THE PROPOSITION
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MANAGERIAL FACTORS
PLANNING
gathering information , set objectives
reviewing limitation , implementation ofplans
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ORGANISING
To identify the work to be professional
To delegate authority
Co-ordination between various factors
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DIRECTING
LEADERSHIP
MOTIVATION
SUPERVISION
CONTROLLING
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COMMERCIAL FACTORS
PRODUCTION
FINANCE
MARKETING
PERSONNEL
ACCOUNTABILITY
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TRAITS OF SUCCESFULLENTREPRENEUR
KNOWLEDEGE OF THE ORGANISATION
TECHNICAL KNOWLEDGE
ADMINSRATIVE ABILITY
ABILITY TO INPIRE
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ABBILITY TO COMMUNICATE EFFECTIVELY
ABILITY TO LISTEN
ABILITY TO JUDGE PERSON
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LEADERSHIP QUALITY
SOCIAL SENSIBILITY
PHYSICALLY ENERGETIC
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ENTREPRENEURS CLASSIFIACTION
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INNOVATIVE
introduce new products ,
new method of production ,Open new markets
Innovating entrepreneurship esperiments
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ADOPTIVE
They adopt the successful innovationinnovated by other.
Make some changes in the othersinnovation , so to suit their requirements.
also known as IMITATIVE ENTREPRENEUR
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FABIAN
Follow the foot steps of others successors.
Fabian are not risk takers
Lazy
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DRONE
Drone are more Lazy then the Fabian inadopting new methods,
but more rigid than Fabian.
They resist changes
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ENTREPRENUERS VS. MANAGER
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PRIMARY MOTIVES
Manager wants want promotion
Entrepreneurs want freedom
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SKILLS
Professional managers are often businessschool trained.
Entrepreneurs knows business intimately ,
and learn through experiences.
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RISK
Managers are very careful
Entrepreneurs like calculated risk.
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STATUS
Managers are employees
Entrepreneurs are the owners
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EDUCATIONAL LEVELS
Managers are highly educated
Entrepreneurs have less level of education