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WELCOME.

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Presentation on theme: "WELCOME."— Presentation transcript:

1 WELCOME

2 Chapter:10 Business entrepreneurship

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5 Concept of Business entrepreneur
A business entrepreneur may be defined as one who ,after identifying the new potential sector or sectors and collecting or managing the factors like risk or uncertainty with the hope of profit and gaining development.

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9 Difference between initiative and entrepreneurship
Initiative is defined as the act of taking the first step. Any initiative to start a new business accepting risk and uncertainty for the purpose of earning profit is called business entrepreneur. The subject matter of initiative is much extensive, such as-economical ,political, international. The subject matter of a business entrepreneurship is related to start a business. The objective of initiative is public welfare and the objective of entrepreneurship is to earn profit.

10 Features of entrepreneurship
Related with profit Excessiveness of risk and uncertainty Relatedness with new ideas Gaining special honor of achievement. Sufficiency of positive result for success. Entrepreneurship is not a traditional business activities

11 Evaluation What is initiative? What is business entrepreneurship?
Why is business entrepreneurship not traditional business activities?

12 Lesson Evaluation What is business entrepreneurship?
Is business entrepreneurship important for economic development of a country?

13 Functions of Business entrepreneurship
Development of entrepreneurship thinking Testing feasibility and taking decision Financing Taking risk Organizing resource Creating market Evaluation of success and failure Execution of development program

14 Qualities of successful entrepreneur
Creative mentality Need for achievement Foresightedness Brevity and intellectual Patience and hardworking Risk taking mentality Dutifulness and sincerity Communication ability Knowledge and ability about organization

15 Identification of qualities of entrepreneur by self-assessment
1.Determining need for achievement 2.Preparing report in light of answer to the queries 3.Exchange of opinion with established entrepreneur 4.Taking assistance of training

16 Favorable environment for developing business entrepreneurship
1.Advantage of developed infrastructure 2.government patronization 3.socio-economic stability 4.favorable law and order situation 5.availability of sufficient capital 6.market facilities 7.opportunity of training and development

17 Contribution of entrepreneurship to socio-economic development
Economic importance Development of business Extension of area of business Proper utilization of resource Increase of personal and national income Social importance Solution of unemployment problem Receiving new product and service Reducing foreign dependency

18 Obstacles of entrepreneurship development in Bangladesh
Lack of entrepreneur related education Lack of training Lack of government assistance Lack of capital Legal complexity Lack of political stability Lack of publicity

19 Stories of national level successful entrepreneurs
Ranada Prassad Saha( )

20 Stories of national level successful entrepreneurs
Dr.Husne Ara Begum-TMSS


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