0
Welcome
to our presentation on
Entrepreneurship Development
8/29/2013
Name Registration no.
Md. Salman Hossain 2009731004
Md. Shuhel Ahmed 2009731006
Md. Tanbir Hasan Chowdhury 2009731037
Muft...
The word entrepreneur has come from the France word
“entreprendra”which means to undertake, to pursue
opportunities to ful...
To develop entrepreneurship following important
factors should be considered:
1. Personal factors:
personal factors are of...
Environmental factors are consists of as followings
 Socio-Cultural: factors Religions, values, rural
urban orientation, ...
 Micro: the enterprise itself ,suppliers,
intermediaries, customers, competitors, publics,etc.
 Macro: Demographic, econ...
The essence of the term lies in the perception and
exploration of new opportunities in the realm of business.
there is a p...
Ask people to find out what their needs are
Modify the products for better satisfaction of
the needs
observe changing life...
To prepare a business plan the following
factors should be considered
 Market research for the planned products and
servi...
It is necessary to mobilize resources after
preparing the business plan. The activities which
should be followed are
 ide...
It is the most important step for developing
entrepreneurship. Here the following factors
must have to consider strictly
...
For ensuring the proper management of the enterprise,
entrepreneur should accomplish the following task:
 Formulating pla...
According to the idea of Akhoure in 1977,three types
of works can help entrepreneurship development in a
developing econom...
Stimulatory Activities: Supporting Activities
It includes those efforts which
help and encourage
creating and establishing...
Sustaining Activities
These kind of activities help
entrepreneurs to sustain/survive
their enterprises from the challenges...
Entrepreneurship development
Upcoming SlideShare
Loading in...5
×

Entrepreneurship development

637

Published on

This is an assignment of BBA program at Shahjalal University Of Science & Technology ( http://www.sust.edu/ ), sylhet, Bangladesh.

Published in: Business, Education
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
637
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
52
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Transcript of "Entrepreneurship development"

  1. 1. Welcome to our presentation on Entrepreneurship Development 8/29/2013
  2. 2. Name Registration no. Md. Salman Hossain 2009731004 Md. Shuhel Ahmed 2009731006 Md. Tanbir Hasan Chowdhury 2009731037 Mufti Tamimul Quamar Ahmed 2009731064 4th year 1st semester, BBA program Dept. of Business Administration Shahjalal University Of Science & Technology, Sylhet, Bangladesh.
  3. 3. The word entrepreneur has come from the France word “entreprendra”which means to undertake, to pursue opportunities to fulfill needs and wants through innovation to undertake business. In the year 1725 the word entrepreneur was first brought into economics by a social scientist named Richard cantilion. According to Joseph Schumpeter - “An entrepreneur is a person who is willing and able to convert a new idea or invention into a successful innovation. “ So we can say, entrepreneurship is a process of giving birth to an enterprise and entrepreneurship development process ensures all the factors to establish and keep that enterprise sustain effectively.
  4. 4. To develop entrepreneurship following important factors should be considered: 1. Personal factors: personal factors are of various types such as ability to cope with the situation,age,education,personality,intra- personalcommunicationability,achievement,motivation, selfconfidence,competence,emotion,understanding capacity etc
  5. 5. Environmental factors are consists of as followings  Socio-Cultural: factors Religions, values, rural urban orientation, marginality, education, traditions etc  political and Legal factors: Government policies, rules and laws relating to the industry and business.  Institutional factors: it emerges from financial institution, training and development institutions, consulting farms etc.
  6. 6.  Micro: the enterprise itself ,suppliers, intermediaries, customers, competitors, publics,etc.  Macro: Demographic, economic, physical, technological, political/legal, cultural/social, etc. 4. Venture capital 5.Experienced entrepreneurs and incubator organizations 6. Technically skilled labor force 7. Suppliers’ accessibility 8. Favorable government policy
  7. 7. The essence of the term lies in the perception and exploration of new opportunities in the realm of business. there is a paramount importance of developing entrepreneurship in a series of sequential steps. These steps are… 1. Decide to be an Entrepreneur: A person who has decided to become an entrepreneur has to consider and analyze the following factors:- Strengths and weakness of the decision Continuation of the business or establishment of new business Products and services choice that best fit with strengths and weaknesses as well as desires.
  8. 8. Ask people to find out what their needs are Modify the products for better satisfaction of the needs observe changing life style of people and have exclusive thought about what products and services they would desire study new products or services travel around to find out new products, services and ideas.
  9. 9. To prepare a business plan the following factors should be considered  Market research for the planned products and services  Forecasting the share of markets  selection of a site for the planned business  development of production, marketing, personnel and financial plans  decision to design the form of organization  Decisions on records and reports  Development of insurance plan
  10. 10. It is necessary to mobilize resources after preparing the business plan. The activities which should be followed are  identifications of various types of resources like physical, human, financial etc.  Identification of the source of resources  Negotiation about the terms and conditions related to the required resources  Assessment of cost and benefits of the resources which will be mobilized  Acquiring the resources  Allocating the resources
  11. 11. It is the most important step for developing entrepreneurship. Here the following factors must have to consider strictly  Registration of the enterprise  Hire, lease or purchase required land, building, machinery, etc  arrangements of additional facilities like electricity, water supply, etc.  recruit and train personnel  develop work and information system.
  12. 12. For ensuring the proper management of the enterprise, entrepreneur should accomplish the following task:  Formulating plans relating to production, marketing, procurement, etc.  Organizing people, materials, machinery,etc.  Leading, directing, supervising, etc.  controlling the input, behavior and output. 7. Managing the Growth  identification of growth opportunities  Evaluation of the opportunities  formulation of strategy for further improvement  Mobilizing resources necessary for the growth strategy  Monitoring the growth strategy and activities
  13. 13. According to the idea of Akhoure in 1977,three types of works can help entrepreneurship development in a developing economy.
  14. 14. Stimulatory Activities: Supporting Activities It includes those efforts which help and encourage creating and establishing new entrepreneurship.  Entrepreneurial education  planned publicity  identification of potential entrepreneurs though scientific methods  motivational training to new entrepreneurs, etc These activities are those which enable entrepreneurs to set up and run their enterprises efficiently. Like as  Registration of enterprise  arranging finance  Guidance for selecting and obtaining machinery  providing common facilities, etc
  15. 15. Sustaining Activities These kind of activities help entrepreneurs to sustain/survive their enterprises from the challenges of actual operations. These activities are as follows:  help in modernization  help in diversification  Additional financing for full capacity utilization  Quality testing etc.
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×