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Entrepreneurship PPT

Entrepreneurship PPT

Ratings: (0)|Views: 39,650|Likes:
Published by sameertupe
hi there need to know about entrepreneurship here you go
keep sharing guys............
hi there need to know about entrepreneurship here you go
keep sharing guys............

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Published by: sameertupe on Mar 30, 2010
Copyright:Attribution Non-commercial

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02/17/2014

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ENTREPRENUERENTREPRENUER&&ENTREPRENURESHIPENTREPRENURESHIP
 
DefinitionsDefinitions
y
Derived from French word Entreprendremeans ³to undertake´.
y
R
ichard
C
arleton:
 
³a person who buysfactors of production at certain prices inorder to combine them into a productwith a view to sell them at uncertainprices.´
y
C
onsidered as a risk bearer. Ex. Farmer pays definite price for seeds, fertilizers,pesticides, labours etc but not certain atwhich price he could sell his produce.
 
y
F.
H
.
K
night
:
³a person who bearsuncertainty (risk which cannot beinsured & is incalculable) can bereduced by taking insurance.´
y
J
.B.
S
ay
:
³one who combines the landof one, labour of another & capital of yet another & thus produces aproduct. By selling product pays rent,wages and interest.´

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