3 entrepreneurship development
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ENTREPRENEURSHIP DEVELOPMENTENTREPRENEURSHIP DEVELOPMENTENTREPRENEURSHIP DEVELOPMENTENTREPRENEURSHIP DEVELOPMENT
1. Entrepreneur: Entrepreneur is a person who initiates,
Organise, manage and control the affairs of a business unit
that combines the factors of production to supply goods a
services, whether the business pertains to agriculture,
industry, trade or profession.
2. Enter pride : Enterprise may be defined as an
undertaking or adventure Involving uncertainly and risk
and requiring innovation.
3. Entrepreneurship : It is the function of handling
economic activity, undertaking Risk creating something
new and organizing and Coordinating resources.
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4. Entrepreneurs : The persons who resigned from their
well paid executives Portions to launch their own ventures.
5. Entrepreneurial culture : It implies a set of
values, norms and traits that are conductive to the growth
of entrepreneurship.
6. Project :A proposal involving capital investment for the
purpose of developing facilities to provide goods or
services.
7. Project identification : It is concerned with the
collective, compilation and analysis Of economic data for
the external purpose of locating possible opportunities for
investment and with the development of the cartelistic of
such opportunities.
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8. Project Objectives :Project objectives are concerned
with what the project is expected to achieve and to providea measure of performance for the project as a whole.
9. Project formulation : It is the systematic development
of a project idea for the Eventual objective of arriving at an
investment decision.
10. Project design : Project design enables to identify the
flow of events which Must take place for the successful
completion of the project.
11. Woman Entrepreneurs : It is defined as an
enterprise owned and controlled by a Woman and having a
minimum financial interest of 51% of The capital and
giving at least 51% of the employment Generated in the
enterprise to women.
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12. Social cost Benefit Analysis : It is a process of
evaluating a project from the point of view of the totalimpact which the project will have on the economy of the
nation.
13. Fabian Entrepreneurs : This type of entrepreneurs
are very cautious and skeptical while practicing any
change. They are not much interested in taking risk and
they try to follow the footsteps of their predecessors.
14. Drone Entrepreneurs : Drone Entrepreneursare those refusal to adopt and use opportunities to make in
changes in production.