Sunday, December 28, 2014

Meaning of entrepreneur and Intrapreneur

The word entrepreneur is derived from a French word. However they are the ones who perform the functions of entrepreneurship. They launch new ventures. They are creative individuals. They have vision and inspiration to create new business. They identify new business opportunity and take advantage of it. They are the risk takers and better informed and possess greater experience. Above all, they are achievement oriented individuals driven to seek new challenges and accomplishment. However, in more precise terms, it is a visionary individual who...

Meaning of Enterpreneurship

Well, it is being one of the hot topics in the current situation. However, it is the process of creating new ventures. It usually embarks on with some innovative idea. The matter of fact is, it identifies opportunities, mobilizes and invests resources to exploit those opportunities which basically involves innovation. Entrepreneurship is the process of exploiting opportunities by creating new venture through resource pulling, risk taking, innovating and managing for rewards. Entrepreneurship results in the creation and management of business...