Entrepreneurial Behavior Group 10 presentation

PPT

1. CHAPTER 1 ORIGINS OF ENTREPRENEURIAL BEHAVIOR

2. ENTREPRENEURS ENTREPRENEURS RECOGNIZE OPPORTUNITIES AND CHOOSE TO EXPLOIT THEM. ENTREPRENEUR HAS EMERGED BASED ON THE PSYCHOLOGICAL TRAITS DISTINGUISH AN ENTREPRENEUR FROM A NON-ENTREPRENEUR.

3. ENTREPRENEURS TRAITS: ● AMBITIOUS ● INDEPENDENT ● SELF-CONFIDENT ● RISK-TAKERS ● VISIONARY ● CREATIVE ● INNOVATIVE

4. DEFINITIONS : ENTREPRENEURIAL - MEANS HAVING TO DO WITH THE CREATION AND DEVELOPMENT OF ECONOMIC VENTURES. BEHAVIOR - MEANS THE WAY IN WHICH ONE ACTS OR CONDUCTS ONESELF, ESPECIALLY TOWARDS OTHERS. ENTREPRENEURIAL BEHAVIOR - IS DIRECTLY CONCERNED WITH THE UNDERSTANDING, PREDICTION AND CONTROL OF HUMAN BEHAVIOR IN ENTERPRISES .

5. CHARACTERISTICS OF ENTREPRENEURIAL BEHAVIOR

6. BEHAVIORAL APPROACH TO MANAGEMENT ENTREPRENEURIAL BEHAVIOR REPRESENTS THE BEHAVIORAL APPROACH OF MANAGEMENT. IT EMERGED AS A DISTINCT FIELD OF STUDY BECAUSE OF THE IMPORTANCE OF HUMAN BEHAVIOR IN ENTERPRISE.

7. CAUSE AND EFFECT RELATIONSHIP HUMAN BEHAVIOR IS GENERALLY TAKEN IN TERMS OF CAUSE AND EFFECT RELATIONSHIP. IT PROVIDES GENERALIZATION THAT ENTREPRENEURS CAN USE TO ANTICIPATE THE EFFECT OF CERTAIN ACTIVITIES ON HUMAN BEHAVIOR .

8. A BRANCH OF SOCIAL SCIENCES ENTREPRENEURIAL BEHAVIOR IS GREATLY INFLUENCED BY OTHER SOCIAL SCIENCES SUCH AS PSYCHOLOGY, SOCIOLOGY, AND ANTHROPOLOGY.

9. 11. Facing Uncertainties: An important characteristic of an entrepreneur is that he faces uncertainties, maybe in respect of new uses or new commodity or in respect of profits or losses. 12. Positive Self Thinking: The entrepreneur has positive thinking in No way, the losses the courage. So, he has the hopes of achieving success in all his works andhence it very conscious about himself. 13. Bearer of Balanced Risks: The entrepreneur bears various types of risks, like - time, money and efforts in starting the business, depreciation in operation of the business, obsolesce and fluctuations, risks relating to non-acceptance of new things by the consumers, changes, and fluctuations in prices, etc.

10. 14. Freedom: The entrepreneur has the qualities of freedom of values, thoughts, and activities. So, he wants to become the master of his own, does not like thedirections and suggestions of others. 15. Use of Feedback: The entrepreneur carries out functions right from the first step to the last step, for any particular assignment. 16 . . Initiative: The entrepreneur has the quality to initiate, the reason being that he alone has to lead in all spheres and activities. He finds out responsibilities for himself to work in various spheres and also ascertains, whether he will be able to bear the increasing responsibility with possibilities of expansion in work or not.

11. CHARACTERISTICS OF ENTREPRENEURIAL BEHAVIOR 17-22 Sarah Archivido

12. SELF CONFIDENCE The self-confidence of an entrepreneur is the essence of his success.

13. Don't be afraid to make mistakes. KNOWLEDGE Don't reject yourself. How to be Confident?

14. FIRMNESS The entrepreneur believes in firmness. He feels that any person who makes the firm determination and sincerely carries any task even the most difficult task becomes easy and he may achieve his goals.

15. Firmness - resolute determination and strength of character.

16. DYNAMIC TENDENCY The entrepreneur uses the latest techniques, equipment, and tools in operation of the business and establishment of industry and adopts the latest modern philosophy.

17. CAPACITY & NEED FOR ACHIEVENESS The target of the entrepreneur is to attain high achievements. For that, the capacity to take decisions for Risks and innovations is necessary. He always desires to achieve success for the progress of the business.

18. SUCCESS GOALS

19. FLEXIBILITY The entrepreneur has the specialty of being flexible. He takes decisions according to time, circumstances and environment, and also in accordance with the understanding of other persons. So, it is stated that the decisions are taken by entrepreneurial behavior are fully flexible.

20. LOCKDOWN

21. STRESS BEARER When someone desires to do something worthwhile, he must bear several difficulties, pains, and stresses. An entrepreneur is a person who is capable of bearing all types of stresses, the main reason being that he is laborious and also possess adequate inspirations and energy.

22. DIFFICULTIES STRESS PAINS THEY ACCEPT AND FACE EVERY CHALLENGES

23. Organizing Capabilities Esslie Asuncion BSOA III - B

24. Organizing Capabilities – The entrepreneur has to perform various functions himself and also to get the works performed by others. He allocates work according to the tastes, knowledge, and experience of the workers and establishes coordinating among them. Besides, He also provides various types of motivation to the non-performing workers to make them work. This way, he fully utilizes his skills in organizing them

25. Desire to Discover

26. Desire to Discover – The entrepreneur makes effort to bring something new in all areas. He may find out new raw materials, new staff to serve, and new costumers to consume, and to use and utilize all available opportunities.

27. Motivator

28. Motivator – An entrepreneur is a person having motivating qualities. Hence, he always feels himself motivated for some new activities and searching for new resources, or for providing new facilities and for making improvements. Besides, he motivates others also. By using motivation, he accomplishes the tasks. So, it may be stated that the entrepreneur behave properly by possessing qualities of motivation.

29. Future Oriented

30. Future Oriented – what ever the entrepreneur does, he does for the future of the nation and himself, so that his contribution may go on being utilized and he may also go on earning for himself.

31. Prediction About possibilities of success

32. Prediction About possibilities of success – The entrepreneur works in various spheres and takes the desired decision and also predicts the possibilities of the Ed extent of success because has various types of abilities, behavior and qualities.

33. Analytical Ability

34. Analytical Ability – The entrepreneur has that ability to analyze work his analysis helps to make sound decisions rationally.