like Nigeria. This paper is concerned with the nature and the extent to which entrepreneurship in Nigeria has been developed so far, and outlines the initiative by government and also the main current and future challenges and perspectives for the development of entrepreneurship. The study revealed that such initiatives by government failed abysmally due to over bearing bureaucracies, corruption, inadequate and inefficient infrastructural facilities and maladministration. The paper concludes that entrepreneurship
Words: 6725 - Pages: 27
IDEA AND MARKET DESCRIPTION Steve Ugbah Prepared for: School of Business & Technology Introduction Entrepreneurship has significantly contributed to society’s climb from underdevelopment to affluence. This has been accomplished through the introduction of new products and technologies to better satisfy consumer wants and raise productivity. An entrepreneur, therefore, is a person who organizes and manages a business, assuming the risk for the sake of potential return (Mariotti & Glackin
Words: 2137 - Pages: 9
25 Ideas To Improve Your Workplace by ADL Associate Barbara Glanz, CSP Study after study has shown that what workers want from their jobs in the year 2000 is not better benefits or more money. Rather, it is the small things that make workers feel commitment to an organization. One study shows the top three things workers want are interesting work, full appreciation for the work they do, and a feeling of being in on things . Baxter Labs recently did a global study in which they asked their employees
Words: 2535 - Pages: 11
1.0 Introduction With the constantly changing of economy environment nowadays, it is challenging for organizations doing business in such an external competitive environment. On the other hand, some internal factors may stop the development of the organisations. Communications within the enterprise plays an important role in relation to drive the better performance. However, the communication and management systems are faultiness in some organisations. As a result, poor communication from management
Words: 2127 - Pages: 9
participation | Sally Johns | Director | Cheriee Larens | Director | George Kelly | Director | Jack Black | Office Manager | Meeting format What format have you chosen for this meeting and why? I have chosen a general meeting as it has small group discussion between the 3 Directors and the Office Manager. It will be a face to face meeting with a structured agenda with time for general discussion. Catering will not be required as the meeting is only an hour and a half in duration. The meeting
Words: 1168 - Pages: 5
prevents a business’ extraordinary return on capital from being whittled down to mediocrity by the ravages of competition. Where a business enjoys a durable competitive advantage it is said to have a franchise. Sometimes, a business will have a durable competitive advantage without earning an extraordinary return on capital in the aggregate. In a few cases, a business will have a durable competitive advantage without earning an extraordinary return on capital in any line of business. It is even
Words: 3272 - Pages: 14
– Contemporary Business Date: 07/06/2014 Q.1 Basically, merging in business world refers to the process whereby business that was initially separate entities come together and forms a corporation together and operates as one new entity (Chandra, 2005). To this effect, several reasons can be put across to explain why separate business entities decide to merge together with their competitors in the global market and operate as one new corporation or business entity. In this paper we shall examine
Words: 1288 - Pages: 6
Entrepreneurial Leadership Tamia Sessoms Hopkins Dr. Prakash G. Menon BUS508 The Business Enterprise April 24, 2011 Entrepreneurial Leadership 2 The Abstract It takes the right leadership to inspire a team and an organization. Having a successful business depends on having a great leader who can provide guidance. This paper will discuss the hybrid/philosophy I created including the new definition of entrepreneurial leaderhsip presented in Understanding Entreprenuerial
Words: 1428 - Pages: 6
until after its implementation is well along. Instead, people throughout the organization are continually identifying opportunities, developing new knowledge and capabilities, and testing out their ideas. Initiatives are undertaken, changed in midcourse as new information becomes available and better ideas surface, and sometimes abandoned so that energy can be focused on a different approach. The battle is won not in the boardroom but in the laboratories, on factory floors, at service counters, and
Words: 8394 - Pages: 34
person that creates, organises and manages a business while trying to make a profit. The first thing an entrepreneur needs to do is to think of an idea. They have to be inquirers so they can gather as much information as possible. They need to constantly reflect on their decisions. They must be risk-takers because there is always a chance that their business will not succeed. They must be open-minded when presenting their ideas and receiving feedback. Entrepreneurs
Words: 3566 - Pages: 15
