APPROACHES TO ENTREPRENEURSHIP MACRO VIEW a. Environmental School of Thought b. Financial/capital School of Thought c. Displacement School of Thought MICRO VIEW a. Entrepreneurial Trait School of Thought (People School) b. Venture opportunities School of Thought c. Strategic formulation School of Thought INTRAPRENEURSHIP i. Within an existing business ii. The development within a corporation of internal markets or autonomous or semi-autonomous business units that produce product‚ services
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ENTREPRENEURSHIP Contents 1. Company Information………………………………………………..2-5 2. Macro Environment Element………………………………………..5-7 3. The elements of macro environment that effected Melorita Home Health Sdn Bhd………………………………………………………………………8-10 4. Recommendation to improve macro environment management……10-12 5. Summary………………………………………………………………..12-13 6. References……………………………………………………………….14 Company Information Company Name: Melorita Home Health Sdn Bhd Last Old Name:
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enterprise without undermining his/her relationship. In this last case a good entrepreneur should be free from personal commitment‚ at first‚ at least‚ because his/her work‚ or his/her relationship‚ could be compromised. Q2: Inc. Magazine claims‚ “Entrepreneurship is more mundane than it’s sometimes portrayed … you don’t need to be a person of mythical proportions to be very‚ very successful in building a company.” Do you agree? Explain. 2. I don’t agree with the sentence above; I think that a temporary
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Very true innovation and creativity are at the heart of entrepreneurship. Creativity can be used to dream up an entrepreneurial idea and then you can follow the innovation process to bring the idea to life / make this new entrepreneurial idea actually happen. To help you think up an entrepreneurial idea take a look at some creativity techniques. I also think it is important to make the idea something that you are passionate about. Ideally you could take two areas (perhaps hobbies) that you are
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MEANING OF THE WORD ENTREPRENEURSHIP & ENTREPRENEUR The word Entrepreneurship is derived from the French verb “ENTERPRENDRE” and it literally means “between taker “or “go between”. According to Oxford Dictionary‚ Entrepreneur can be defined as “one who undertakes an enterprise‚ especially a contractor – acting as intermediary between capital and labour” EVOLUTION OF THE CONCEPT OF ENTREPRENEURSHIP Earliest Period An early example of the earliest definition of an entrepreneur as a go between is Marco
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Entrepreneurship: Successfully Launching New Ventures‚ 2/e Bruce R. Barringer R. Duane Ireland Chapter 3 ©2008 Prentice Hall 3-1 Chapter Objectives (1 of 3) 1. Explain what a feasibility analysis is and why it’s important. 2. Discuss the proper time to complete a feasibility analysis when developing a business venture. 3. Describe the purpose of a product/service feasibility analysis and the two primary issues that a proposed business should consider in this area. 4. Identify
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Introduction What is an entrepreneurship? Entrepreneurship is the implementation of every people using their own talent such as new idea or new concept to open their own business. Then‚ what is mean by entrepreneur? Entrepreneur not only just a business man‚ it also a risk taker and consists of creativity to create new things or bring some new things to this world. Entrepreneur will always cares about their money‚ because they need money to improve their product to become more creative. In my
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Areas to Complete for the Entrepreneurship Portfolio Mindset Taking Risks Type Grade % A. Financial 68 B. Intellectual 92 C. Social 80 D. Physical 92 E. Cultural 60 Total: 78.4 My advantages: I think I’m not just a thinker but a doer‚ that’s an advantage because I try to have no irrational fear‚ if I have one it is calculated and more than fear I’d like to say it is just my logic telling me not to do something. So in embarrassing aspects like talking to strangers‚ in front of
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Entrepreneurship Education in Bangladesh: A Study Based on Program Inputs M Tahlil Azim* and Mohammad Muzahid Akbar** ENTREPRENEURSHIP EDUCATION IN BANGLADESH: A STUDY BASED ON PROGRAM INPUTS The study attempts to conduct an input-based evaluation of the Entrepreneurship Development courses offered at BBA and MBA level in different public and private universities in Bangladesh. It has used primary data collected through a survey by using a structured questionnaire prepared based on an Entrepreneurship
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Figure 5.1 Figure5.2 Figure5.3 Figure5.4 Figure5.5 Start-up cost is prepared by an entrepreneur to start up a new business in the market. Therefore‚ the figure 5.1 shows the E-park company’s start-up cost. Firstly is registration fee of partnership to get a legally license from government to create a new business enter the market. Secondly‚ registration fee of patent with 20 years to protect this new idea or prevent someone to copy this idea‚ this is because this idea does not exist
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