Subject: Entrepreneurship Emerging Issues in Entrepreneurship Group A: Very Short Questions 1. (2023 Fall Q. No. 8) Enlist the fostering factors in women entrepreneurship development in Nepal. Answer: The fostering factors in women’s entrepreneurship development in Nepal are as follows:i. Government Supportii. Access to Financeiii. Education and Skillsiv. Supportive Familiesv. Financial Help 2. (2023 Fall … Read more
The process of methodically identifying possible areas for development, innovation, or improvement and assessing their viability, significance, and alignment with objectives is known as opportunity identifying and analyzing. To successfully meet unmet requirements or take advantage of advantageous conditions, it entails obtaining pertinent data, evaluating internal and external factors, and prioritizing solutions. Identifying Opportunities Identifying … Read more
A business plan is a written document that includes all of the necessary details and strategies for starting a new business. It serves as a road map for the company, guiding its direction and goals. The plan includes various functional areas, such as marketing, finance, human resources, and manufacturing, and shows how they will collaborate. … Read more
Concept of Intellectual Property Protecting Idea and Other Legal Issues refers to the legal strategies and measures taken to safeguard intellectual property, such as inventions, creative works, and brand identities, while also addressing various legal challenges that businesses may encounter, including contract disputes, regulatory compliance, and liability concerns. The concept of intellectual property is designed to … Read more
Introduction Entrepreneurial intentions describes a person’s wish to launch a new company. It is the initial phase of the entrepreneurial process. Perceived opportunities, personal interests, and confidence in one’s own abilities all influence strong intentions. People are more likely to take concrete steps toward entrepreneurship if they have a clear intention. Intention to Act Entrepreneurially … Read more
Creativity is the ability to develop new ideas and to discover new ways of looking at problems & opportunities. It is the process of thinking something new. Entrepreneurs succeed by combining creative thinking with actions, whether they are developing entirely new concepts or reimagining existing ones. Having a great idea is just the first step; … Read more
Emerging issues in entrepreneurship reflect the evolving landscape of business and societal needs. These issues arise from rapid technological advancements, shifting consumer preferences, and pressing societal challenges. Entrepreneurs must navigate this dynamic environment to identify new opportunities, mitigate risks, and drive sustainable growth. Emerging Issues in Entrepreneurship 1. Social Issues: Social Entrepreneurship Social Entrepreneurship Social … Read more
Entrepreneurial strategy refers to the systematic approach that entrepreneurs use to identify, evaluate, and exploit opportunities in the marketplace. It encompasses a range of decisions and actions aimed at achieving a competitive advantage, such as resource allocation, market positioning, and innovation. Entrepreneurs must navigate uncertainties and risks while leveraging their unique insights and capabilities to … Read more
Entrepreneurship is the process of observing a business opportunity, assembling the required assets, and taking the initiative to start and run a new company. The word “entrepreneur” stems from French, means “between-taker” or “go between”. By encouraging innovation, generating employment, and propelling economic growth, it plays a vital role in the economy. Key aspects of … Read more