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4M’S ENTREPRENEURSHIP

Presented by the Group

Presentation Outline
ENTREPRENEURSHIP
4 M’S OF ENTREPRENEURSHIP:
MANPOWER
MATERIALS
MACHINE
METHOD
OUTPUT
BUSINESS MODELS AND PLANS
COMPONENTS OF B.P.
ENTREPRENUERSHIP
Input-production process-
output
The three important elements in the production system.

The production process, also referred to as the

transformation or conversion process. It is the stage of
production where the materials are transformed into the
final product with the aid of 4ms.
 4MS OF
ENTREPRENUERSHIP
Manpower
Materials
Machine
Method
MANPOWER
Manpower - refers to the
workers involved in the
production of goods or
services.
MATERIALS
Materials - refers to the
raw materials necessary in
the production of product.
MACHINE
Machine - it refers to the
manufacturing equipment used
in the production of goods or
delivery of services.
METHOD
Method - also called production
method. It is the process or way of
transforming new materials to
finish products.
THE OUTPUT
Product
Heterogenous Product &
Homogenous product
Product description
Prototype
Supplier
Value Chain
Supply chain
 BUSINESS MODEL

Business Model

It describes as the factors of how an organization

creates delivers and captures value in economic,
social, cultural or other contexts.
 BUSINESS PLAN

Business Plan

A document that defines in detail a company's

objectives and how it plans to achieve it's goals.
COM PONEN TS OF
BUSINESS PLANS
Introduction
Executive Summary
Management section
Marketing section
Financial section
Production section
Competitive Analysis
Market
Organization Chart
THANK YOU!