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ENTREPRENEURSHIP ASSIGNMENT ( ENTREPRENEURSHIP DEVELOPMENT AND MANAGEMENT ) Entrepreneurship has relevance today, not only because it helps entrepreneurs better fulfill their personal needs but because

ENTREPRENEURSHIP ASSIGNMENT(ENTREPRENEURSHIP DEVELOPMENT AND MANAGEMENT) Entrepreneurship has relevance today, not only because it helps entrepreneurs better fulfill their personal needs but because of the economic contribution of the new ventures. More than increasing national income by creating new jobs, entrepreneurship acts as a positive force in economic growth by serving as the bridge between innovation and market place. Although government gives great support to basic and applied research, it hast had great success in translating the technological innovations to products or services. Although entrepreneurships offers a promise of marriage of those research capabilities and business skills that one expects from a large corporation, the results have not been spectacular. This leaves the entrepreneur, who frequently lacks both technical and business skills, to serve as the major link in the process of innovation development, and economic growth and revitalization. The study of entrepreneurshipand education of potential entrepreneurs are essential parts of any attempt to strengthen this link so essential to a countrys economic well-being. Questions: 1. What are the theoretical approaches to entrepreneurship? ,and three concepts of entrepreneurship,2. What is revolutionary impact in entrepreneurship?3. Difference between Entrepreneur and Entrepreneurship Discuss the role of an entrepreneur for economic development.4. How can an organizational development be aided by having a good entrepreneurial mindset.5. What new trends have YOU noticed in Entrepreneurship during 21st century?6. What is entrepreneurial ego how can an entrepreneur keep entrepreneurial ego in check?7. What is new new approach for creating a new venture And it stages and problems for setting up a new venture?8. a Prepare a comprehensive entrepreneurial business plan and marketing strategy. b Explain customer satisfaction and the relevant variables which can lead to entrepreneurial completive advantage

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