Entrepreneurial Career I’ve heard a lot of great business ideas lately — and more than a few people announcing that now is the right time to go into business for you. I think that there’s a lot to be said for becoming an entrepreneur during a down economy like Bangladesh; — though the risks are high. Building career as an entrepreneur is not an easy task to achieve the target. Although we know that “No risk, No gain”; to become an entrepreneur one must take the risk which is bearable to him. By the
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programmes with such mission include the people bank, Family Economic Advancement Programme (FEAP) and Nigerian Association of Small-scale Industrialists (NASSI). The entrepreneur and his activities forms an integral part in the development of our economy. At this point, it becomes pertinent to define who is an entrepreneur and why we are having an insight into his plight to actualize the aims and objectives of its existence. Nwana, L.E. (1995:32) defined an entrepreneur as an individual who is
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integrated, transnationalized economic space. It is in its political dimension that economic integration differs from the broader idea of regionalism in general. Although economic decisions go directly to the intrinsically political question of resource allocation, an economic region can be deployed as a technocratic tool by the participating government to advance a clearly defined and limited economic agenda without requiring more than minimal political alignment or erosion of formal state sovereignty. The
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BRIAN KIPRUTO CHELIMO Table of Contents Abstract 3 2.0 Forms of Entrepreneurship 4 1.0 Introduction 4 1CREATION OF EMPLOYMENT 4 2Poverty reduction 5 3Socio-economic and political solutions 6 4Economic growth and Development 7 2.1 Entrepreneurial Effects in the Growth of Economy 8 Conclusion 9 REFERENCES 10 Abstract According to Chell & Ozkan, (2010), an entrepreneur is someone who is willing to bear the riskofa businessventure where there is a significant chance for making profit
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The profound economic change that occurred in the early 1900’s was largely influenced and formed by the industrial revolution, in particular the second wave that occurred in the late 1800’s. The revolution as a whole resulted in the change from economies based on agriculture and farming, to industry based profits. This second wave of the revolution not only refined and improved the prior inventions of iron and coal, but brought with it new highly developed technologies such as steel, electricity
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3) Technological Environment 4) Political Environment MACRO-ENVIRONMENTAL FACTORS A business and its forces in its micro environment operate in larger macro environment of forces that shape opportunities and pose threats to the business. It refers the major external and uncontrollable factors that influence an organization's decision making, and affect its performance and strategies. These factors include the economic factors; demographics; legal, political, and social conditions; technological
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PESTEL ANALYSIS PEST analysis stands for "Political, Economic, Social, and Technological analysis" and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. It is a part of the external analysis when conducting a strategic analysis or doing market research, and gives an overview of the different macro environmental factors that the company has to take into consideration POLITICAL FORCES: Italy has a parliamentary system, like
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Strength Strength of our Economy 1. Growing economy, scope for fresh and new projects, need for infrastructural facilities. 2. Availability of resources. 3. Abundance of Manpower. 4. Urge for development. 5. Adaptability Of manpower vis-à-vis technologies. Weakness Weakness of our Economy 1. Poor & very inadequate technical bases. 2.
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is the starting point for the construction of the market system. You need to know that the institutional arrangements and economic and systemic mechanisms in successful economies of most developed countries (Japan, USA, Germany ...) essentially differ with each other. Thus, we conclude that there is no universal model of the economy that can be applied to any other country. Immediate environment consists of internal and external stakeholders. Internal stakeholders include: employees, shareholders
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as many external investors as possible to bring new advantages that can boost the economy. This paper will attempt to review the economic and monetary policies of the United States and Sweden. These countries were among the best ten economies in the world in 2013 and continue to strive to retain the top positions among the world economies. Question One Sweden has over the recent years emerged as the model economy in the world through its commitment to reforms that increase its efficiency in economic
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