1.
t
Traits of business
Activities: A business consists of various
activities basically economical and non-economical.
2.
Profit: The primary goal of business is to make
profit for its owners. It is the main incentive for starting a business. Other
goals of business can be growth, survival, market leadership, efficiency,
innovation, social responsibility and corporate citizenship.
3.
Customers:...
Thursday, February 19, 2015
Meaning of Small Business
Small business is an organization. It is engaged in production and
marketing. The various types of activities can be: manufacturing, services,
construction, transport and trade. It is everywhere.
The small business owner establishes and manages the business to attain
personal objectives. The business is an extension of the owner’s needs,
objectives and personality. The business growth is not a primary objective. The
aim is to continue operations over a long period of time. The major characteristics
of a small business are:
a.
Management...
Monday, January 19, 2015
Tuesday, January 13, 2015
Negative aspect of entrepreneurship
Entrepreneurship has the following negative aspects.
1.
Risk to failure : The entrepreneur bears
personal liability for losses. The failure rate for new ventures is very high.
There is no guarantee of success. The reasons are:
·
Lack of knowledge and experience of technical
and business know-how.
·
Lack of capital. Poor creditworthiness with
financial institutions.
·
Poor...
Monday, January 5, 2015
Mission
This blog is generated to make
the general individuals aware of the general terms regarding entrepreneurship.
After going through this blog, the readers will be able to distinguish the
meaning of management and entrepreneurship, managers and entrepreneurs,
Intrapreneur and salaried employees and likewise the same. However, the general
public will get a chance to apprehend about the key terms regarding
entrepreneurship and various factors influencing entrepreneurship. As a matter of fact, the key mission of this
blog is to persuade the individual...
About Me
Well, Introducing myself, I am
Neeva Shrestha, very much kind and initiative
person. I have graduated from Caspian Valley College, Kathmandu, Nepal. Currently
I am appointed as a full time in Siddhartha Insurance Limited, and work as a
part timer in teaching field. I always believe in flourishing knowledge, as I follow
a single concept, if a person gives knowledge, you will understand much deeply
about a particular subject. Beside that I am always eager to assist people who
want to learn more. Due to my simple interest, I work as a...
