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enterprenuership

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enterprenuership

  1. 1. nterpreneurial S E kills
  2. 2. V Various types of business activities
  3. 3. Manufacturing o It is also called product business o It’s a business of tangible goods where the seller and buyer exchange An item that can be seen and touched o Manufacturing is marketing goods by hand or by machine that are sold to customers . o This business uses machines robots computers and humans to produce the finished goods o For example computer and electronic manufacturer car trucks and vans manufacturer ahoes and clothes , canned goods , soda and beverage etc MANUFACTURING
  4. 4. Service sector o In this a seller helps the bio to finish some work o Business revolves around the idea of a company providing its customers with some kind of evidence a service is an intangible good that does not have physical form of or nature like transportation consultation repair and professional services from lawyer Salon doctors repair shops band symbols education transporting entertainment media hospitality medicines financial accountant etc
  5. 5. Hybrid business selling service Product production
  6. 6. Types of business found in our commun
  7. 7. Unlimited Liability Less legal formalities One man control Single ownership No sharing of profit And loss one mans capital Membership Unlimited liability Sharing of profit and loss Legal formalities Volunatry registration continuity Contractual relationship Transfer of interest
  8. 8. Private public service Characteristics of entrepreneursh The person The process The outcome o Entrepreneurship development is the process of improving the skills and knowledge of entrepreneurship through various trainings and programs that teach the dynamics of business set up
  9. 9. STAGES An entrepreneur must find , evaluate and develop an opportunity by overcoming the challenges that come in the way of starting new business ventures identification development New product Determine recources Manage enterprise Adapt with time Growth factors Economic factors Social factors Phycological factors Capital Labour Raw material Market Infrastructure others Social mobility Loss of status motives Need for achievement Loss of status motives

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