roles of entrepreneurship, Slides of Business

Download roles of entrepreneurship and more Slides Business in PDF only on Docsity! Subject Teacher: Ms. Maria Richel M. Dalofin Entrepreneurshi p Role of Entrepreneurship and Entrepreneurs in Economic Development and Society 3. Introduces Innovation Entrepreneurs innovate. It can be something ordinary or technological or breakthrough. This innovation is done for the product, service or technology. 4. Generates New Sources Of Materials Entrepreneurs are always in constant search for better and cheaper sources of materials they need. 5. Stimulates Investment Interest When entrepreneurs engage in a new business, it stirs curiosity for other people to invest in the business because of the benefits it offers. 8. Brings Social Benefits To The People Entrepreneurs pay taxes for every product or service sold in the market. 9. Utilizes and Mobilizes Indigenous Resources Some of the entrepreneurs decided use indigenous materials for there product. 10. Provides alternative for consumers Entrepreneurs creates products and service that is more affordable than the other products. B BEACHHEAD STRATEGIES Entrepreneurs have a natural understanding and appreciation of beachhead strategies. C COMMITMENT Entrepreneurs have a natural understanding and appreciation of beachhead strategies. =- eo ~‘ DESTINY D It is making difference. BE)» G GLOBAL True entrepreneurs recognize the power of the Internet to deliver a global outcome. H HEALTH Good health is a remarkable aspect of entrepreneurial life. I INNOVATION Innovation sets the entrepreneur apart from all of their other commercially engaged contemporaries. L LEADERSHIP Entrepreneurs lead because they don’t trust another’s decisions too heavily. M MEANING Entrepreneurs have an inherent desire to make the world a better place. N NEVER GIVE UP Entrepreneurs never give up and never quit striving for their success. o“' ~ bac 4‘ ce Se Se ee Q QUIRKY Entrepreneurs appreciate quickly or unique behavior. SZ)» R RISK Entrepreneurs know that risk is unavoidable, even if that risk leads to the loss of personal assets. S SUBJECTIVE ADVANTAGES The advantages of the entrepreneurs achieve because they know how to perfectly position their offer. V VALUE-ADDED The entrepreneur’s primary goal in a commercial endeavor is to add value. W WORK & PLAY To do what you love and to love what you do. X X FACTOR The X – Factor is that special something that entrepreneurs have which others don’t have.