Entrep-reviewer PDF

Reviewer for entrep Entrepreneur – this individual according to the definition, is the one who recognizes and manages only business, particularly those carrying high risk. Invest - the main goal of an entrepreneur is to make money by seizing any chance that comes their way and accepting a manageab...

Reviewer for entrep Entrepreneur – this individual according to the definition, is the one who recognizes and manages only business, particularly those carrying high risk. Invest - the main goal of an entrepreneur is to make money by seizing any chance that comes their way and accepting a manageable amount of risk. What does this process of making income entail? Entrepreneurship - it is the process of developing something new that has value by investing the necessary time and effort, taking on the associated financial, psychological, and social risk, and reaping the benefit of financial and personal freedom. Inventions - the world would have been a lot drier place to live without this. Additional, this offers a simpler the government a set amount of money in exchange for a permit to operate in there are. 14th Century - the terms entrepreneur was first used during this period to donate tax collection who pay the government a set amount of money in exchange for a permit to operate in their area. Free - what is the origin of the terms franchise in French. Corporate entrepreneurship - it is the process by which team within an established company, foster, launch and manage a new business that is distinct from the parent company but leverage that parents asset market position capabilities or other resources. Red tape - entrepreneurs want to have a property registration firm and to file income taxes reports, but the government makes it difficult for them to do so. Furthermore, it is regarded as one of the issues confronting Filipino entrepreneurs. Poor public utility services - brownouts and poor internet connection irritate entrepreneurs in the Philippines, particularly in the provinces. This bad services not only cause problem in their business’s performance but also bring them a great deal of worry. Ineffective management - this issue confronting Filipino entrepreneurs implics a lack of passion for management and leadership. Furthermore entrepreneur cannot grow or develop their businesses unless they can motivate their employees and build stronger teams. Richard cantillon - a France economist in the first man to be credited with giving the concept of entrepreneurship a central role in economics as described in his publication in 1755. Initiative - it is the power or opportunity to act or take charge before others do. Corporate spinout - they are generally constructed as stand alone enterprise that do not required continuous leveraging of current business activities to realize their potential. First generation entrepreneur - she or he may be someone who established a business using innovative expertise. She or he is essentially an entrepreneur who merges many technologies to create a commercial product or services. Vision - entrepreneurs need to have this character because this trait provides entrepreneurs with a clear idea of the concept and what they are attempting to accomplish. Gifford Pinchot - who said this statement look back at any great business our invention of just any big company and you will find that an entrepreneur created it. Kathleen alen - according to this American academician, to run a successful firm an entrepreneur must grasp the diverse abilities of everyone around her or him. As a result this is a stage of entrepreneurial process in which the founding team informed. Change/Adapt with time - an entrepreneurial procedure in which the entrepreneur must constantly upgrade and maintain the company up to date with changing times. Gather sources - an entrepreneurial process in which the entrepreneur recognize that commercial operation requires resources to succeed. Father more this is the stage at which an entrepreneur’s ambition might become a reality. Identify an opportunity - it is the first step in establishing and operating a profitable business because it is an entrepreneurial approach that sees possibilities where others perceive hurdles and impossibilities. Adam smith - who is the person who is renowned book, the wealth of national published in 1776 defined enterpriser is person who undertakes the construction of an organization for commercial purposes. McClelland - who is the famous psychologist who highlighted the value of accomplished motivation and revealing the character of entrepreneurs and promoting economics and social advancement. Dynamic leader - it is an entrepreneur’s attributes that offer sufficient motivation to his employees through leadership so that the employees may provide their best efforts to the organization’s benefits. Entrepreneur - it is the practice of entrepreneur skill and approaches by or within a company or at home. Change agent - a person whose presence or thought processes cause a change from the traditional way of handling or thinking about a particular activity.