Entrepreneurship - Notes For BBA

Differentiate between intrapreneurship and entrepreneurship. Explain the factors that create a climate for entrepreneurship within the organization.

February 12, 2025 by Devilal

Intrapreneurship vs Entrepreneurship The differences between intrapreneurship and entrepreneurship are as follows: Intrapreneurship Entrepreneurship They work within a company. They start their own business. They use company resources. They use personal or external funding. They take lower risks rather than the company bears losses. They take higher risks and may face personal losses. They follow … Read more

“Entrepreneurship plays a vital role in the economic development of a country.” Discuess

January 31, 2025 by Devilal

The Role of Entrepreneurship in Economic Growth Entrepreneurs play a crucial role in the economic development of a nation. Here are some of the ways in which entrepreneurs contribute to the economic development of a nation: i. Job Creation: Entrepreneurs start new businesses that need employees, creating job opportunities for people. This helps reduce unemployment and gives … Read more

Define entrepreneurship. Explain the various traits of a successful entrepreneur.

January 31, 2025 by Devilal

Entrepreneurship and Its Key Traits 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 various traits of a successful entrepreneurship are as follows i. Hard Work: Entrepreneurs are often willing to put in long hours and effort to achieve their … Read more

Define entrepreneurship. Explain the various traits of a successful entrepreneur.

January 7, 2025January 7, 2025 by Devilal

Entrepreneurship is the process of starting and running a new business. It involves coming up with new ideas, creating products or services, and taking risks to make those ideas a reality. Entrepreneurs are people who take the initiative to build something new, often aiming to solve problems or meet needs in the market. The various … Read more

Entrepreneurial Intentions

December 27, 2024December 4, 2024 by Devilal

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

Emerging Issues in Entrepreneurship

December 29, 2024December 3, 2024 by Devilal

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

Fundamentals of Entrepreneurship

December 27, 2024December 2, 2024 by Devilal

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