Welcome to Scribd. Sign in or start your free trial to enjoy unlimited e-books, audiobooks & documents.Find out more
Download
Standard view
Full view
of .
Look up keyword
Like this
40Activity
0 of .
Results for:
No results containing your search query
P. 1
Entreprenureship by Zubair A Khan

Entreprenureship by Zubair A Khan

Ratings: (0)|Views: 216|Likes:
Published by Zubair A Khan
Full Entreprenureship Notes.
Full Entreprenureship Notes.

More info:

Published by: Zubair A Khan on Mar 27, 2010
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

06/14/2013

pdf

text

original

 
Entrepreneurship
– MGT602
 VU
 © Copyright Virtual University of Pakistan
i
TABLE OF CONTENTS
LESSON 1: THE NATURE AND IMPORTANCE OF ENTREPRENEURSHIP.........................................................1LESSON 2: THE NATURE AND IMPORTANCE OF ENTREPRENEURSHIP.........................................................4LESSON 3: ENTREPRENEURIAL PROCESS/START UPS.............................................................................................6LESSON 4: THE ENTREPRENEURIAL AND ENTREPRENEURIAL MIND.........................................................10LESSON 5: THE ENTREPRENEURIAL AND ENTREPRENEURIAL MIND (CONTINUED…)...................12LESSON 6: THE ENTREPRENEURIAL AND ENTREPRENEURIAL MIND (CONTINUED…)...................14LESSON 7: THE ENTREPRENEURIAL AND ENTREPRENEURIAL MIND (CONTINUED…)...................16LESSON 8: THE INDIVIDUAL ENTREPRENEUR.........................................................................................................18LESSON 9: THE INDIVIDUAL ENTREPRENEUR (CONTINUED…).....................................................................20LESSON 10: THE INDIVIDUAL ENTREPRENEUR (CONTINUED…)...................................................................22LESSON 11: INTERNATIONAL ENTREPRENEURIAL OPPORTUNITIES...........................................................25LESSON 12: INTERNATIONAL ENTREPRENEURIAL OPPORTUNITIES (CONTINUED…)........................28LESSON 13: INTERNATIONAL ENTREPRENEURIAL OPPORTUNITIES (CONTINUED…)........................30LESSON 14: INTERNATIONAL ENTREPRENEURIAL OPPORTUNITIES (CONTINUED…)........................32LESSON 15: INTERNATIONAL ENTREPRENEURIAL OPPORTUNITIES (CONTINUED…)........................34LESSON 16: CREATIVITY AND THE BUSINESS IDEA...............................................................................................35LESSON 17: CREATIVITY AND THE BUSINESS IDEA...............................................................................................37LESSON 18: LEGAL ISSUES FOR THE ENTREPRENEUR..........................................................................................40LESSON 19: LEGAL ISSUES FOR THE ENTREPRENEUR..........................................................................................43LESSON 20: LEGAL ISSUES FOR THE ENTREPRENEURS........................................................................................45LESSON 21: CREATING AND STARTING THE VENTURE.......................................................................................47LESSON 22: CREATING AND STARTING THE VENTURE (CONTINUED….)..................................................49LESSON 23: CREATING AND STARTING THE VENTURE (CONTINUED….)..................................................51LESSON 24: CREATING AND STARTING THE VENTURE (CONTINUED….)..................................................53LESSON 25: THE MARKETING PLAN...............................................................................................................................55LESSON 26: THE MARKETING MIX..................................................................................................................................58LESSON 27: THE ORGANIZATIONAL PLAN.................................................................................................................61LESSON 28: THE ORGANIZATIONAL PLAN (CONTINUED….)............................................................................63LESSON 29: THE ORGANIZATIONAL PLAN (CONTINUED….)............................................................................65LESSON 30: THE FINANCIAL PLAN..................................................................................................................................68LESSON 31: THE FINANCIAL PLAN (CONTINUED….).............................................................................................70LESSON 32: PRO FORMA SOURCES AND USES OF FUNDS.....................................................................................73LESSON 33: PRO FORMA SOURCES AND USES OF FUNDS.....................................................................................75LESSON 34: BANK LENDING DECISIONS.....................................................................................................................77LESSON 35: SOURCES OF CAPITAL...................................................................................................................................79LESSON 36: SOURCES OF CAPITAL...................................................................................................................................81LESSON 37: CAPITAL SOURCES IN PAKISTAN............................................................................................................83LESSON 38: VENTURE LAUNCH: EARLY MANAGEMENT DECISIONS (CONTINUED….)........................87LESSON 39: VENTURE LAUNCH: EARLY MANAGEMENT DECISIONS (CONTINUED….)........................88LESSON 40: VENTURE LAUNCH: EARLY MANAGEMENT DECISIONS (CONTINUED….)........................89LESSON 41: VENTURE LAUNCH: EARLY MANAGEMENT DECISIONS (CONTINUED….)........................91LESSON 42: VENTURE LAUNCH: EARLY MANAGEMENT DECISIONS (CONTINUED….)........................94LESSON 43: NEW VENTURE EXPANSION STRATEGIES AND ISSUES...............................................................95LESSON 44: NEW VENTURE EXPANSION STRATEGIES AND ISSUES (CONTINUED….)..........................97LESSON 45: ENTREPRENEURSHIP & PAKISTAN......................................................................................................100
 
Entrepreneurship
– MGT602
 VU
 © Copyright Virtual University of Pakistan
1
Lesson 1
 THE NATURE AND IMPORTANCE OF ENTREPRENEURSHIPLEARNING OBJECTIVES
 1.
 
 To introduce the concept of entrepreneurship and its historical development.2.
 
 To explain the entrepreneurial decision process.3.
 
 To identify the basic types of start-up ventures.4.
 
 To explain the role of entrepreneurship in economic development.5.
 
 To discuss the ethics and racial responsibility of entrepreneurs.
NATURE AND DEVELOPMENT OF ENTREPRENEURSHIP
  The term
entrepreneur 
comes from the French and translates "between-taker" or "go-between."
Earliest Period
In this period the money person (forerunner of the capitalist) entered into a contract with the go-betweento sell his goods. While the capitalist was a passive risk bearer, the merchant bore all the physical andemotional risks.
Middle Ages
In this age the term
entrepreneur 
was used to describe both an actor and a person who managed largeproduction projects. In such large production projects, this person did not take any risks, managing theproject with the resources provided. A typical entrepreneur was the cleric who managed architecturalprojects.
17th Century
In the 17th century the entrepreneur was a person who entered into a contract with the government toperform a serviceRichard Cantillon, a noted economist of the 1700s, developed theories of the entrepreneur and isregarded as the founder of the term. He viewed the entrepreneur as a risk taker who "buy[s] at certainprice and sell[s] at an uncertain price, therefore operating at a risk."
18th Century
In the 18th century the person with capital was differentiated from the one who needed capital. In other words, entrepreneur was distinguished from the capital provider.Many of the inventions developed during this time as was the case with the inventions of Eli Whitney and Thomas Edison were unable to finance invention themselves. Both were capital users (entrepreneurs), notcapital providers (venture capitalists.) Whitney used expropriated crown property. Edison raised capitalfrom private sources. A
 venture capitalist
is a professional money manager who makes risk investments from a pool of equity capital to obtain a high rate of return on investments.

Activity (40)

You've already reviewed this. Edit your review.
1 hundred reads
yus11 liked this
Nisha Todi liked this
tarun41 liked this
Usman Hayat liked this
bomadan liked this
bomadan liked this
nisarg dave liked this
nisarg dave liked this

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->