The document discusses entrepreneurs and entrepreneurship. It defines an entrepreneur as someone who takes risks to start a new business in order to make a profit by identifying opportunities and assembling resources. The key functions of an entrepreneur are risk assumption, decision making, management, and innovation. Entrepreneurs can be classified by type of business, gender, area of operation, and risk tolerance, such as innovative entrepreneurs who create new ideas versus imitative entrepreneurs who adopt existing successful innovations. [END SUMMARY]
A brief introduction to the Entrepreneurial Mindset and how it is different from the traditional mindset taught to students of traditional business or management programs. I deliver regular courses based on these concepts, and regularly help aspiring and experienced entrepreneurs to put these principles to use in the process of creating new ventures.
A brief introduction to the Entrepreneurial Mindset and how it is different from the traditional mindset taught to students of traditional business or management programs. I deliver regular courses based on these concepts, and regularly help aspiring and experienced entrepreneurs to put these principles to use in the process of creating new ventures.
Becoming an Entrepreneur is the first info graphic book of an ongoing series of books you will actually read. The average person can read these book in roughly one hour . The hope is that the big truths packed into these little books will make them different from the many other books that you would never pick up or would pick up only to quickly put down forever because they are simply too wordy and don't get to the point.
MOTIVATION FACTORS OR REASONS FOR ENTERING IN INTERNATIONAL MARKETMBAnetbook.co.in
There are numerous reasons why to proceed internationally, however the objective of every company for going international is to expend its business, searching new market and expend its customer base. There are several reasons listing below for entering in international market:
In this part, we define and classify marketing research and set out a six-step marketing research process. We discuss the nature and scope of marketing research and explain its role in decision support system.
Becoming an Entrepreneur is the first info graphic book of an ongoing series of books you will actually read. The average person can read these book in roughly one hour . The hope is that the big truths packed into these little books will make them different from the many other books that you would never pick up or would pick up only to quickly put down forever because they are simply too wordy and don't get to the point.
MOTIVATION FACTORS OR REASONS FOR ENTERING IN INTERNATIONAL MARKETMBAnetbook.co.in
There are numerous reasons why to proceed internationally, however the objective of every company for going international is to expend its business, searching new market and expend its customer base. There are several reasons listing below for entering in international market:
In this part, we define and classify marketing research and set out a six-step marketing research process. We discuss the nature and scope of marketing research and explain its role in decision support system.
Entrepreneur Definition,Function,Characteristics,Role of entrepreneurship in economic development,Features and Advantages of small business & setup small business
This ppt is on entrepreneurship development program in india and how to become a good entrepreneur. this ppt is light weight and only for teaching and presentation purpose. do not download this ppt if want to learn. this ppt is made by graphic art and images to make it beautiful and educational.
What is an Entrepreneur?
One who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying and assembling the necessary resources to capitalize on them.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
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Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Memorandum Of Association Constitution of Company.pptseri bangash
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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2. Topics to be
Discussed…………..
Famous Entrepreneurs
Who is an entrepreneur?
Title of an entrepreneur
Functions of entrepreneur
Risk Assessment Function
Decision Making Function
Managerial Function
Function of Innovation
Types of entrepreneurs
4. Famous Entrepreneurs
Photo Name & Company
Dr Mohammed Al Barwani
MB HOLDINGS
“There is no substitute to hard
work. Don’t be disheartened or
discouraged.”
5. Famous Entrepreneurs
Photo Name & Company
Abdulla Ahmad Sulaiman Al Hadi
Gulf Mining Materials Co
“To achieve success, you have to work
hard without looking at the time and be
prepared to make sacrifices. You have
to get out of the comfort zone.”
6. Famous Entrepreneurs
Photo Name & Company
Kanaksi Gokaldas Khimji
One of the very few Indians to
be offered Omani Citizenship.
8. WHO IS AN
ENTREPRENEUR?
An Entrepreneur is one who creates a
new business in the face of risk and
uncertainty for the purpose of achieving
profit and growth by identifying
opportunities and assembling the
necessary resources to capitalize on
them.
Risk
Uncertainty
Resources required for business
9. WHO IS AN
ENTREPRENEUR?
Risk: Risk is “the threat or probability that
an action or event will adversely or
beneficially affect an organization's ability to
achieve its objectives”.
Uncertainty: Uncertainty is a state of having
limited knowledge where it is impossible to
exactly describe existing state or future
outcome, more than one possible outcome.
Resources required for business: The four
basic resources required for a business are
Man, Machine, Material and Money.
10. WHO IS AN
ENTREPRENEUR?
Simply we can say, a person who takes
risk and start a new business for the
purpose of achieving reward.
To conclude, an entrepreneur is a person
who
identifies opportunities and gathers necessary
resources to establish/ create a new business
bears risk and uncertainty
runs a business
receives financial and social rewards
11. Title of an Entrepreneur
Different Titles of an Entrepreneur
Business Owner Managing Director
General Manager President
Administrator Chief Executive Officer
(CEO)
Proprietor Chief Operating Officer
(COO)
Business
Developer
Business Leader
12. Functions of Entrepreneur
Risk Assumption Function
Decision-making Function
Managerial Function
Function of Innovation
13. Functions of Entrepreneur
Risk Assumption Function
An entrepreneur has to necessarily act as a “risk-
bearing” agent of production since he has to
handle a greater amount of uncertainties in
business.
Risk due to the possibility of changes in the taste
of customers, change in fashion and technique of
production cannot be insured
An entrepreneur therefore has to take calculated
risks.
14. Functions of Entrepreneur
Decision-making Function
An entrepreneur has to decide the nature and
type of goods to be produced, the size of the
business, its location, technique of production,
type of employees etc.
15. Functions of Entrepreneur
Managerial Function
An entrepreneur has to know the managerial
functions like coordination, organization, and
supervision.
16. Functions of Entrepreneur
Function of Innovation
The person who discovers new methods, new
materials and machines is called INVENTOR
The person who utilizes these inventions so as to
make new combinations of products is called an
INNOVATOR
Thus an entrepreneur has to be always on the
lookout to introduce a new product or a new
production technology or open a new market
hitherto untapped potential or discover new
source of supply of new material.
17. Types of Entrepreneur
Entrepreneurs are classified on the
following basis:
According to the type of business
According to gender
According to the area of operation
According to risk taking ability
18. According to the type of
business
Business entrepreneurs
Trading entrepreneurs
Industrial entrepreneurs
Large, Medium, Small, Tiny
Agricultural entrepreneurs
Dairy, Poultry, Horticulture
Retail entrepreneurs
Service entrepreneurs
20. According to Area of Operation
Urban entrepreneurs
Rural entrepreneurs
21. According to Risk Taking Ability
Innovative Entrepreneur
Adoptive or Imitative Entrepreneur
Fabian Entrepreneur
Drone Entrepreneur
22. According to Risk Taking Ability
Innovative Entrepreneur
An entrepreneur is one who is able to foresee
potentially viable and profitable opportunities
through innovation.
Example- Apple coming out with I-Phones.
They are highly motivated and talented and
“innovation” is their key function
According to Peter F. Drucker an innovating
entrepreneur is one “who always searches for
change, responds to it and exploits it as an
opportunity.”
23. According to Risk Taking Ability
Adoptive or Imitative Entrepreneur
He is one who is ready to adopt the successful
innovations already inaugurated by innovating
entrepreneurs.
Example – Microsoft coming out with their own
search engine, Bing in response to Google.
In other words, an imitative entrepreneur does not
innovate anything by himself but he only imitates
techniques and technologies innovated by others.
24. According to Risk Taking Ability
Fabian Entrepreneur
He is one who adopts a great caution in
introducing any change in the business.
Example – Companies making airplanes like
Airbus and Boeing
Normally, he has neither the will to introduce any
new changes nor the desire to adopt new
methods
He is ready to imitate only when it becomes
perfectly clear that failure to do so would definitely
result in heavy loss for him
25. According to Risk Taking Ability
Drone Entrepreneur
He is one who blindly follows the traditional
methods of production even when it causes loss
to him.
Example – Government owned companies in
developing countries like India.
He is not prepared to introduce any change under
any circumstances in the method of production he
has already introduced.
He continues to carry out his business in the
traditional way even when he suffers losses.
26. Review…………..
Famous Entrepreneurs
Who is an entrepreneur?
Title of an entrepreneur
Functions of entrepreneur
Risk Assessment Function
Decision Making Function
Managerial Function
Function of Innovation
Types of entrepreneurs