Entrepreneurship Reviewer

Study Notes

Serves as a generator of new wealth within an economy, fostering economic stability.
Helps reduce poverty rates by creating job opportunities and resources.
Enhances productivity by introducing more efficient processes and innovations.

Land / Natural Resources: Essential raw materials utilized in production.
Labor: Human resources contributing work and skills necessary for production.
Capital: Financial resources required to launch and sustain business operations.

An innovator responsible for setting up businesses and bringing new ideas to market.
Plays a crucial role in economic advancement by generating new goods, services, and methodologies.
Focuses on transforming ideas into executed plans for successful business ventures.

Chief Executive Officer (CEO):
- Oversees major corporate decisions and overall operations of a company.
Chief Marketing Officer (CMO):
- Responsible for the strategy and execution of marketing initiatives across the organization.
Advertising Sales Agent:
- Sells advertising space; responsible for client interactions, maintaining accounts, and achieving sales targets.
Project Manager:
- Manages planning, procurement, and execution of projects with defined scopes and timelines.
Operations Manager:
- Implements effective processes and practices, formulates strategy, and ensures compliance within the organization.
Marketing Manager:
- Oversees promotion and positioning of brands, focusing on attracting more customers.
Advertising Manager:
- Creates interest and awareness about products or services to enhance sales.
Product Manager:
- Defines strategies and features for products, leads cross-functional teams, and shapes product lines.