Basics of Entrepreneurship - Business Administration

Basics of Entrepreneurship

1. ENTREPRENEURSHIP
PRESENTED BY:-
KOTHARI KHUSHI

2. ENTREPRENEURSHIP
MEANING:-
~ The word Entrepreneurship originates from the french
word "Entrependre", which means "to undertake".
~ Entrepreneurship is the key to innovation, productivity and
effective competition.
~ When a person realise his ability or capacity and makes it
practical use and establishes new business unit, this activity
is known as ENTREPRENEURSHIP.

3. CHARACTERISTICS OF
ENTREPRENEURSHIP.
Innovation. Creative Decisions.
Risk-Bearing capacity. Gap filling functions.
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4. ENTREPRENEURSHIP
CONCEPT .
→ It refers to a "Person".
→ It refers to a "Creator".
→ It refers to a "Organizer".
→ It refers to a "Decision maker".
→ It refers to a "Initiator".
→ It refers to a "Leader".
→ It refers to a "Risk Taker".

5. Reduces
poverty
level.
Increases the
employment
Fulfills the
Demand of
peoples.
Helps to develop
Economic
condition of
country
IMPORTANCE OF
ENTREPRENEURSHIP .

6. WHO IS ENTREPRENEUR?
✓ An Entrepreneur is an individual who starts a business venture and is responsible for its
development.
✓ An individual who bears the risk of operating a business in the face of uncertainty.
✓ One who organizes, manage and assumes the risk of business or enterprise.

7. CHARACTERISTICS OF
ENTREPRENEUR.
Mental ability. Human Relations.
Clear objectives. Technical knowledge.
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8. Difference between Entrepreneur and Entrepreneurship

9. THANK YOU.