Business Management > Class Notes > University of Dhaka ( MANAGEMENT 519 ) Updated for A+ (All)
Introduction With a view to earning profit, the capability of generating business idea, turning the idea into real business by organizing human and financial resources is referred as entrepreneurshi... p. Entrepreneurs take the risk of starting new venture. Entrepreneurship encompasses not only starting new business but also inventing new products. As the unemployment rate is increasing day by day, there is a tremendous scope for the entrepreneurship. Several unique problems exist in the present densely populated world. The entrepreneur can generate new and innovative ideas through which a business can be started solving those existing problems. The entrepreneurs and small and medium enterprise’s owner are not similar to each other though both are related with business enterprise. The small business owner deals with the already existing business and he is happy with that while the entrepreneur always looks for the newer issue and innovation. But both of them are self-employed and their motive is to earn profit. Undoubtedly entrepreneurship has the great contribution to the economic growth the evidence of which can be found from China and South Asian developed countries. The report will contain the scope of entrepreneurship in UK and its positive impact on post-Brexit economic situation. [Show More]
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