Category: Entrepreneurship
-
Financial Projections for Entrepreneurship in Food Industry
Running a restaurant, especially in the area known for its high competition rates among the local food production companies, particularly, the fast food industries, is not an easy task. However, by defining the profits and losses that the company is likely to witness in the first year of its operation within the specified area, one…
-
Entrepreneur Magazine: The Latest Issue
The latest issue of Entrepreneur, the world-renowned business trends magazine, discusses the emerging changes and news of 2021. One of the topics is the opening of Drew Barrymores brand in the face of the COVID-19 pandemic. The actress tells the public about the peculiarities of entrepreneurial work in conditions of massive social restrictions and the…
-
Intrapreneurship: Control on the Companys Goals
Table of Contents Application of Intrapreneurship Theory Business Acumen in Intrapreneurship Business Challenge and Solutions Conclusion Reference Appendix Intrapreneurship is a system that gives employees of an organization control over their work, goals, objectives based on the companys goals. Intrapreneurs are self-motivated with an entrepreneurship mentality, although they are not directly affected by their losses…
-
Significance of Entrepreneurial Personality
Introduction At present, entrepreneurship is a broad term used in various settings, industries, and areas of research. However, in general, it refers to the process of creating a business or developing an innovative business idea (Nilsson, 2021). Experts emphasize creativity, charisma, communication competencies, and the desire to make a positive change in society as some…
-
Decision-Making and Performance in Business
Table of Contents Introduction Business Simulation is One of the Factors that Help in Business Reasons to Do Business Simulation as an Entrepreneur Importance of The SimVenture to Learners and the Real World Decision Making in Business Performance of the Business Conclusion Reference List Introduction What does it take to be a successful entrepreneur? The…
-
Application of Schumpeters Innovative Entrepreneurship Theory
Aims of Project The ultimate aim of the project lies in assessing the application of Joseph Schumpeters innovative entrepreneurship theory in the activities of Ooredoo, the leading telecom company in Qatar. As such, the project will explore the Schumpeterian theory in order to increase the understanding of business innovation and its role in social development.…
-
Entrepreneurship in the Travel and Tourism Industry
The Skills and Characteristics The entrepreneurship process entails the ideation and implementation of a novel or unique version or way of performing an existing process or system. According to Hameed & Irfan (2019), any successful entrepreneur needs to possess the requisite educational qualifications to have a high-level understanding of the technical requirements of the business.…
-
Elon Musks Entrepreneurial Performance
Introduction Entrepreneurship is simply a matter of luck, being in the right place at the right time. This quote relates to entrepreneurial performance-based on sheer luck against other ingredients of success, such as talent, education, training, hard work, and skills, among others. To this end, it is a problematic statement because it is not simple…
-
Entrepreneurship: Business Start-Ups
Table of Contents Introduction Discussion Conclusion References Introduction Entrepreneurship is one of the most widely taught subjects in schools, by organizations, and informally through family members and friends. Many people are reluctant to start a new business due to uncertainties regarding the growth and sources of finance. However, analysts have established that enterprises evolve in…
-
Corporate Entrepreneurship: Theories and Models
Both at the individual and corporate level, entrepreneurship and business are becoming an integral part of any innovation ecosystem. The corporate entrepreneurship theory is based on interaction of innovative efficiency, and media entrepreneurship (Hampel et al., 2020). Corporate entrepreneurship (CE) is a process that allows existing companies to expand and reorient their business profile, entering…