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ENTREPRENEURSHIP 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.

SWARNANDHRA SCHOOL OF MANAGEMENT STUDIES

NARSAPURAM

4. Entrepreneurs : The persons who resigned from their well paid executives Portions to launch their own ventures.

5. Entrepreneurial culture

It

implies

set

of

values, norms and traits that are conductive to the growth of entrepreneurship.

6. Project : A proposal involving capital investment for the purpose services. of developing facilities to provide goods or

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.

SWARNANDHRA SCHOOL OF MANAGEMENT STUDIES

NARSAPURAM

8. Project Objectives : Project objectives are concerned with what the project is expected to achieve and to provide a 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.

SWARNANDHRA SCHOOL OF MANAGEMENT STUDIES

NARSAPURAM

12. Social cost Benefit Analysis :

It is a process of

evaluating a project from the point of view of the total impact 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

Entrepreneurs

are those refusal to adopt and use opportunities to make in changes in production.

SWARNANDHRA SCHOOL OF MANAGEMENT STUDIES

NARSAPURAM

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