Entrepreneurship Development and Business Communication PDF (HINDI,ENGLISH,BOOK,PPT,WORD,QUIZ)

Part – I

Concept of Entrepreneur, Entrepreneurship Development: Concept and Meaning. Characteristics of entrepreneurs; SWOT Analysis & achievement motivation, Government policy and programs and institutions for entrepreneurship development, Impact of economic reforms on Agribusiness/ Agri-enterprises, Entrepreneurial Development Process; Business Leadership Skills;

Part – II

Developing organizational skill (controlling, supervising, problem solving, monitoring & evaluation), Developing Managerial skills, Business Leadership Skills (Communication, direction and motivation Skills), Problem solving skill, Supply chain management and Total quality management, Project Planning Formulation and report preparation; Financing of enterprise, Opportunities for agri-entrepreneurship and rural enterprise

Concept of Entrepreneurship –

Types of Entrepreneurship

Entrepreneur is an profitable Agent who plays a vital part in the profitable development of a country. profitable development of a country refers steady growth in the income situations. This growth substantially depends on its entrepreneur. An entrepreneur is an individual with knowledge, chops, action, drive and spirit of invention who aims at achieving pretensions. An entrepreneur identifies openings and seizes openings for profitable benefits.

The Concept of Entrepreneur The word “ Entrepreneur ” is deduced from the French verb entrepredre. It means to take over. The word itself, deduced from 17th – century French word “ entreprendre ”, that refers to individualities who were “ morticians ”, meaning those who “ shouldered ” the threat of new enterprise. They were “ contractors ” who bore the pitfalls of profit or loss, and numerous early entrepreneurs were dogfaces of fortune, comers, builders, merchandisers and apropos, plaintive directors.

Entrepreneurship is a process of relating openings in the request place, arranging the coffers needed to pursue these openings and investing the coffers to exploit the openings for long term earnings. It involves creating wealth by bringing together coffers in new ways to start and operate an enterprise. According to the operation practitioner Peter Drucker, an entrepreneur is one who always searches for change, responds to it and exploits it as an occasion. Innovation is an instrument of entrepreneurship. An entrepreneur innovates and creates coffers because there's no similar thing as resource until someone finds a use for commodity and endows profitable value to it. Entrepreneurs convert a material into a resource or combine the being coffers in a new or more productive configuration. In nonprofessional’s language, entrepreneur is a person or group of people who decide to tap request openings. It must be easily understood, that the Entrepreneurs are generally of the “ first generation ”.

The Concept of Entrepreneurship According to Higgins “ Entrepreneurship is meant the function of foreknowing investment and product openings, raising capital, hiring labour, arranging the force of raw accoutrements , chancing point, introducing a new fashion, discovering new coffers or raw accoutrements an opting top directors for day to day operations of the enterprise ”. Entrepreneur Vs Entrepreneurship The term “ entrepreneur ” is frequently used interchangeably with “ entrepreneurship ”. But conceptually they're different. These can be perceived as the two sides of coin.

Entrepreneurship operation is principally concerned the development and collaboration of entrepreneurial functions. It can be said that “ entrepreneur precedes entrepreneurship ” Types of Entrepreneur Clarence Danhof Bracket Clarence Danhof classifies entrepreneurs into four types. -Innovative Innovative entrepreneur is one who assembles and conflation information and introduces new combinations of factors of product -Imitative Imitative entrepreneur is also known as consanguineous entrepreneur. He incontinently adopts successful invention introduced by other invention. - Fabian These types of entrepreneurs are skeptical about the changes to be made in the association. They do n't initiate any inventions but follow only after they're satisfied with its success rate. They stay for some time before the invention becomes well tested by others and do n't affect in a huge loss due to its failure. - Drone Entrepreneurs These entrepreneurs are reticent to change since they're veritably conservative and do n't want to make any changes in the association. They're happy with their present mode of business and do n't want to change indeed if they're suffering the losses.

Aruther H. Cole Bracket Aruthur H. Cole classifies entrepreneurs as -Empirical He's an entrepreneur hardly introduces anything revolutionary and follows the principle of rule of thumb. -Rational The rational entrepreneur is well informed about the general profitable conditions and introduces changes which look more revolutionary. - Cognitive Cognitive entrepreneur is well informed, draws upon the advice and services of experts scheme of enterprise. Bracket on the Base of Power -Private Private entrepreneur is motivated by profit and it would not enter those sectors of the frugality in which prospects of financial prices are n't veritably bright. -Public Entrepreneurship In the uninhabited countries Government will take the action to start enterprise.

Bracket Grounded on the Scale of Enterprise

1. Small Scale This bracket is especially popular in the uninhabited countries. Small entrepreneurs do n't posses the necessary bents and coffers to initiate large scale product and introduce revolutionary technological changes.

2. Large Scale In the developed countries most entrepreneurs, deal with large scale enterprises. They retain the fiscal capacity and necessary resources to initiate and introduce new specialized changes. The result is that in developed countries entrepreneurs are suitable to sustain and develop a high position of specialized progress. Other than these, the

Entrepreneurs have been astronomically classified according to

• Type of business • Use of professional skill • provocation • Growth • Stages of development

Entrepreneur according to types of business

1. Business Entrepreneurs are those individualities who conceive an idea for a new product or service and also restate the same into business reality. They tap both product and marketing coffers to develop a new business occasion and set up big establishment or small unit similar as publishing press, cloth processing house, advertising agency, readymade garments or confectionery. In maturity of cases, entrepreneurs are set up in small trading and manufacturing business. Entrepreneurship indications when the size of business is small.

2. Industrial Entrepreneur is basically a manufacturer who identifies implicit requirements of guests and develops a product or service to meet the marketing needs. He has the capability to convert profitable coffers and technology into a profitable adventure, and is set up in artificial units as the electronic assiduity, cloth units, machine tools, videotape tape recording etc.

3. Commercial Entrepreneur also known as Intrapreneur, an existent who demonstrates his innovative skill in organizing and managing commercial undertaking. He plans, develops and manages a commercial body . Agrarian Entrepreneurs are the bones who take over crops, diseases and other inputs of husbandry. They're motivated to ameliorate husbandry through robotization, irrigation, and operation of technologies for dry land agrarian products.

📚 Entrepreneurship Development