An Entreprenuer

Information about An Entreprenuer

Published on August 3, 2013

Author: srinivasrrs

Source: authorstream.com

Content

An entreprenuer: An entreprenuer As a Builder of Nation An Entreprenuer: An Entreprenuer “One who considers the changes that take place in market as an opportunity to do business. Innovation is the tool.” - Peter F Drucker : Qualities of an Entrepreneur: Qualities of an Entrepreneur Mental ability Organising ability Hard work Discipline Clear objectives Need for high achievement Optimistic Risk taking Emotional stability Communication Skill Self-confidence Adaptability Positive attitude Entrepreneurs should be good managers, pro-active, realistic, have comprehensive awareness & conceptual ability. ENTREPRENURESHIP: ENTREPRENURESHIP ENTREPRENURESHIP: ENTREPRENURESHIP “Entrepreneurship is an act of initiative, drive, commitment, diligence, perseverance, organized effort, and achievement outlook, to undertake some specific functions of performing productive activities and the capacity to bear and associated with the investment ” Entrepreneurs in Building Nation: Entrepreneurs in Building Nation OPTIMUM UTILISATION OF RESOURCES - Resources are put to proper use by Entrepreneurs. They combine various resources Land, Labour, Capital, and Organisation to produce goods. GENERATION OF EMPLOYMENT - provides employment, reducing unemployment problem. IMPROVEMENT IN STANDARD OF LIVING OF PEOPLE- by providing quality goods & services. BALANCED REGIONAL DEVELOPMENT - Government incentives encourage entrepreneurs to establish industry units in rural & backward areas- create employment opportunities in industrially backward areas. Entrepreneurs in Building Nation: Entrepreneurs in Building Nation NEW/ IMPROVED GOODS & SERVICES : for the benefit of customers- by regulating taking market research. HELP COMMUNITY AT LARGE - by providing welfare activities- adopting villages, schools, stating educational institutes, healthcare services, sports. CAPITAL FORMATION - pooling the savings of people by issuing shares/ debentures- offering more returns comparatively. DISTRIBUTION OF INCOME & WEALTH - by establishing in rural / backward areas, not only balance regional development but also redistribution of income & wealth. Entrepreneurs in Nation Building: Entrepreneurs in Nation Building Entrepreneurs in Nation Building: Entrepreneurs in Nation Building Entrepreneurs in Nation Building: Entrepreneurs in Nation Building Entrepreneurs in Nation Building: Entrepreneurs in Nation Building

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