ENTREP

Derived from the French verb “enterprende” which means “to undertake”

• Entrepreneurship

• Entrepreneurial

• Entrepreneur

An act of organizing, managing, and assuming the risks of a business or enterprise.

• Entrepreneurship

• Entrepreneurial

• Entrepreneur

A person who is very willing to take new risks to help the society.

• Entrepreneurship

• Entrepreneurial

• Entrepreneur

Small changes that transforms process flows

• Incremental

• Disruptive

Entirely new approaches

• Incremental

• Disruptive

It helps in identifying and developing managerial capabilities of entrepreneurs.

• Development of Managerial Capabilities

• Creation of Organization

• Improving Standard of Living

• Means of Economic Development

Studies a problem, identifies its alternatives, compares the alternatives in term of cost and benefit implications and finally choose the best alternatives.

• Development of Managerial Capabilities

• Creation of Organization

• Improving Standard of Living

• Means of Economic Development

Assemble and coordinate physical, human and financial resources and direct them towards

achievement of objectives through managerial skills.

• Development of Managerial Capabilities

• Creation of Organization

• Improving Standard of Living

• Means of Economic Development

Helps in making a wide variety of goods and services available to the society which results into

higher standard of living for the people.

• Development of Managerial Capabilities

• Creation of Organization

• Improving Standard of Living

• Means of Economic Development

Involves creation and use of innovative ideas, maximization of output from given resources, and

development of managerial skills

• Development of Managerial Capabilities

• Creation of Organization

• Improving Standard of Living

• Means of Economic Development