2014 Name Of Candidate: Jameel Seecharan School: Asja Boy’s College Charlieville Centre #: Candidate #: Teacher: Contents DESCRIPTION OF BUSINESS 2 JUSTIFICATION OF LOCATION 3 SOURCES OF FIXED AND WORKING CAPITAL 6 ROLE OF ENTREPRENEUR 8 TYPE OF PRODUCTION 9 LEVELS OF PRODUCTION 10 QUALITY CONTROL MEASURES 11 USE OF TECHNOLOGY 12 LINKAGES 13 POTENTIAL FOR GROWTH 14 GOVERNMENT REGULATIONS 15 ETHICAL ISSUES 16 DESCRIPTION OF BUSINESS Name of business:
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Nightclub Issues for Entrepreneurs Making a living for many people is hard work. Monday through Friday might be a very stressful period. For young adults‚ it might be even more stressful due to a new working habit. Therefore‚ getting off work on a Friday evening might lead one to want to enjoy their Friday and Saturday nights before returning to another stressful week. Many young adults enjoy dancing to loud music and socializing with consumption of alcoholic beverages. A nightclub is the perfect
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ENTREPRENEURSHIP AS CAREER OPTION The vast majority of human beings direct their activities towards earning a living‚ generating wealth and improving their standard of living. You can choose your career from two broad categories of options – Wage Employment or Entrepreneurship. The term ‘career’ signifies a continuous‚ ever evolving‚ ever expanding opportunity for personal as well as business growth and development. We may define entrepreneurship as a career in your own business [YOB] rather
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2.0 MACROENVIRONMENT ELEMENTS As an entrepreneur‚ they need to evaluate the environment not only prior to the start-up of their business but also during the growth stage of ventures. The environment means the situation where the company business ventures operate. As we know‚ ventures environment can be divided into two sections that are External environment and Internal environment. And the external environment also divided into two parts‚ which are Macro environment and Micro environment. But in
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Entrepreneurship “is the result of what entrepreneurs do and refers to events and their economic impact” (Lumsdaine E‚ Binks M 2007 P11). This definition demonstrates that entrepreneurship is an outcome of an act of a person who has a particular quality. This act may be taking initiative and creating a business idea from an opportunity that has been seen. It is also created from changes of supply and demand of consumer needs and this is where entrepreneurs are different to other people‚ as they would
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(in case of two pages‚ staple them). Ch.2: The Entrepreneurial Process ID#:12411216 Class ID#:96 Name: Tuan Dung Nguyen Three Major Points of Ch.2 In chapter 2‚ the writer mainly discusses about entrepreneur process which is based on Carol Moore’s Model. Generally speaking‚ entrepreneur process includes “all the functions‚ activities and actions that are part of perceiving opportunities and creating organization to pursue them.” Carol examines the process in the following steps‚ including:
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Research shows that effective communication in a team is a critical factor determining team performance (Hitt‚ et al.‚ 2006). Robinson et al. found that an entrepreneurial attitude orientation scale significantly differentiated between entrepreneurs and non-entrepreneurs. Therefore‚ it is mentioned that: attitude towards entrepreneurship is a function of the demographic and psychological characteristics and their interaction. Baum‚ Locke and Smith (2001) reported significant correlations between self-efficacy
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Unequal acceptance of the role of women Entrepreneurs in different states. Poor reach of electronic media and significantly lower literacy levels OPPORTUNITIES Recognition of the role of women by society. Huge untapped rural market Support from government. THREATS Scattered rural markets. Competitors are aping the strategy. High need for training of the entrepreneurs. RECOMMENDATIONS: Select entrepreneurs with some basic level of education. Increase
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management concept‚ Entrepreneurship can be best understood in terms of languages used in history. To become an entrepreneur one has to assume the risk of a business or enterprise and organize and manage it so that it gives the return on the capital employed. An entrepreneur does not have to arrange capital as this could be beyond your expertise. However‚ successful entrepreneurs of the past have been able to convince the financiers or venture capitalists that their idea and business practices
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risk taker? I have always been more on the cautious side‚ preferring to stand back‚ observe‚ listen and analyze a situation. I’ve always admired people who are not like me‚ people who are more daring‚ or willing to throw caution to the wind. An entrepreneur tends to bite off a little more than he can chew hoping he’ll quickly learn how to chew it. What challenges did he or she face and overcome? In 1982‚ Mark Cuban moved to Dallas‚ Texas Cuban first found work as a bartender‚ then as a salesperson
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