Categories Of Entrepreneurs Flashcards
On the Basis of the Kind of Business
Industrial
Agricultural
Trading
Corporate
Based on Utilization of Technology
Technical and Non-technical
On the Basis of the Level og Motivation
Pure
Induced
Spontaneous
On the Basis of Profession
Professional
Forced
Individual
On the Basis of Experience
Inheritance
First Generation
Associated with the manufacturing process and industrial activies
Industrial Entrep.
May be involved in any large scale, medium scale, or small scale industries
Industrial Entrep.
Involved in agricultural and allied activities: in horticulture and floriculture
Agricultural Entrep.
Associated with trading activities
Trading Entrep.
Do not engage themselves with the manufacturing works
Trading
Undertake wholesale or retail trading activities
Trading Entrep.
Promote and establish corporate empires. They are successful at initiating and running corporate companies.
Corporate
Technicalky sound and trained
Technical Entrep.
Use their technical skills in establishing manufacturing units
Technical Entrep.
Highly influence the production technique in vogue
Technical Entrep.
Remotely concerned with the technical aspects of the entrepreneurship
Non-technical Entrep.
Focus on evolving alternative strategies of marketing
Non-technical Entrep.
Are guided by the profit motive
Pure Entrep.
Economic goals drive these entrepreneurs to undertake business activities
Pure Entrep.
They have faith in their own performance
Pure Entrep.
Are induce to pursue entrepreneurial pursuits by various government agencies or NGO’s
Induced Entrep.
The governmemt also provides incentives order to indyce persons to become entrepreneurs
Induced Entrep.
Inherent urge and aptitude to become entrepreneur. Intrinsic passion to set up their own enterprises
Spontaneous Entrep.
Have keen interest in establishing business enterprises. They never cling to the enterprises established by them.
Professional Entrep.