ENTREPRENEUR AND MANAGER DIFFERENCE.pptx

Entrepreneur & manager
Differences
Between entrepreneur & manager

1. ENTREPRENEUR AND MANAGER

2. Entrepreneur And Manager Both entrepreneurs and professional managers are like two sides of the same coin. The roles played by both of them in the management of the enterprise lead to its success or failure. Competitive position of an industry. The resolution depends on the efficiency of the strategy devised for it .The continuous development in the size of the business has identified the ownership and management of the enterprise as a separate entity with divisional management . Both the owner and the manager, though occupying different positions , strive to achieve the same goals.

3. DIFFERENCE BETWEEN ENTREPRENEUR AND MANAGER ENTREPRENEU R MANAGER 2. Financial uncertainties involved in the industry, fear of loss. 2 .He does not bear any losses of the enterprise . He is a mere servant or employee . 3. He will receive profit for his role in the business. Profits are uncertain and irregular. Sometimes loss also happens . 3.He receives remuneration from the industry for his services in the form of remuneration. Salary is fixed and regular .Remuneration cannot be negative for any reason. 1.He does not start new ventures . He will serve as an employee in an established Industry. 1.He will start a new venture or undertake a venture for his own satisfaction.

4. 4.Entrepreneur adopts innovation from time to time to maximize profit .Therefore , a businessman is called a change agent. 4.A manager shall undertake only the function Of managing the existing enterprise. Since then, the manager is a product of change created by the entrepreneur. 5.An entrepreneur has neither a superior nor a master. He is an all-round independent person. 5.An administrator is merely a servant ( ie a businessman)acting under the direction and control of another person . So he is free. 6.He has certain courage. He has the ability to think creatively, bear the fear of loss. 6.But the administrator must have other qualifications. Knowledge of human behavior , management theory etc . Is essential. 7.Innovation in industry the fitter. 7.He is the ruler of the industry(administration) will do. 8.Have an eye on the market and technology. 8. Focus is basically on governance within the industry.

5. 9.He rarely pays attention to his status. He will be very happy if his intended work is accomplished. 9.Pays more attention to his status .He pays more attention to his office, office space , atmosphere , furniture. 10.Will try to please others. 10.Will try to please himself and his customers. 11.Proceeding with the system if the system is not right, the youth rejects it and creates his own new system. 11.He expects the system to feed him. He will recognize his place in that system. 12.May not have a higher education degree. 12.Possess higher education degree.

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