What is meant by promotion of enterprise?
promotion of enterprise: The word promotion includes all those activities, which are completed from the creation of a business idea to its inception. In simple words, actions are taken to establish a business entity, involve in promotion, with the...
Briefly describe the contribution of socio-economic environment in the development of entrepreneurship.
socio-economic environment: Entrepreneurship development means to develop courageous abilities in more and more people, so that industrial institutions can be established in the country at a rapid pace and the country can become self-reliant. In other words, Entrepreneurship development...
Meaning of Opportunities, its types and its purpose
Meaning of an Opportunities
'Opportunities' is the name of taking advantage of any chance situation. Therefore, whenever a person or entrepreneur has taken advantage of a particular situation, it is called opportunity. Opportunities are both short term and permanent. In...
Meaning and Definition of Promotion, Its Characteristics
Meaning and Definition of Promotion
The word promotion includes all those activities, which are completed from the creation of a business idea to its inception. In simple words, enforcement includes the actions taken to establish a business unit with the...
Entrepreneurial class Rise of Entrepreneurial class in India
Emergence of Entrepreneurial Class in India
Since ancient times, the Indian entrepreneurial class has been world-renowned for its art-skills and business proficiency. Chinese traveler Hiuen Tsang has praised India's industrial splendor, handicrafts and craftsmanship in his travel descriptions. The industrial...
Nature of Entrepreneurship and its importance and its functions in business
Nature of Entrepreneurship
The nature of entrepreneurship can be explained as follows-
(1) Risk Bearing Capacity - The basic element of entrepreneurship is the ability to take risks prevailing in business and industry. Entrepreneurship involves a willingness to take risks and...
Meaning and Definition of Entrepreneurship and Its Characteristics
Meaning and Definition of Entrepreneurship
Entrepreneurship ('Entrepreneurship') is derived from the root word 'Udyam' of Hindi language. Enterprise means to mobilize resources, plan work and implement the plan so that profit can be obtained for the fulfillment of a certain...
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