Tle finals Flashcards
Activity that include new business opportunities and mobilizing economic resources to initiate existing venture
Entrepeneurship
Person has an ability to recognize business opportunities
Entrepeuner
5 types of entrepeuner
- Innovative entrepeuners
- Imitating entrepeuners
- Fabian entrepeuners
- Drone entrepeuners
- Social entrepeuners
Type of entrepeuner that has an ability to think of a new product
Innovative entrepeuners
- entrepeuner that is skeptical about others innovation
- they do not immediately follow trends
-they observe first
Fabian entrepeuners
Very conservative entrepeuners and are not willing to change their product
Drone entrepeuners
Entrepeuner that develop issues
Social entrepeuners
Personal entrepeneural competencies
- Opportunity seeker
- Risk taker
- Demands good quality and efficiency
- Commited
- Hardworking
- Systemic planner
- Goal setter
- Information seeker
- Persuasive
- Confident and independent
Ways to generate a business
- Observe your surrounding
- Surf the web
- Travel and visit some places
- Talk to you friends and relatives
- Evaluate your skill and interest
- Innovation / creating something new
- Walk around the community
2 factors that affect sustainability
- Internal factors
- External factors
Internal factors
- materials
-manpower
-time
External factors
-Microenvironment , suppliers , partners , customer , competitors
-macroenvironment , factors that directly affect the whole industry
Characterizing people based on gender , age , occupation…
Demographic factors
Changes in population , health consciousness, public values…
Social factors
Governing laws
Legal factors
