A graduate of an entrepreneurship can use his knowledge in teaching

Which means that because of entrepreneurship many organizations will exist

He makes plan before doing things and does not fail to monitor it

A person with entrepreneurial interest sees possibility of business opportunities in any new Discovery or because of the use of lastest technology

VP means

Refers to how you sell your product or services to your customer

Types of Core competencies

Such as income level and employment rate

Entrepreneurial ideas arise when changes happen in the enternal environment

The entrepreneur can be compensated by his profit coming from the operation

Includes all the laws, rules and regulations that govern business practices as well as the permits, approvals and licenses necessary to operate the bussiness

Devided in terms of how costumer think and believe

Entrepreneur was derived the French word

The way people view life changes, where they take meaning from, and how they feel about th8ngs also is modified over time

Finding better ways of doing things and improving processes

Commonly used methods for segmenting the market

Defined as companies or business that have the ability to penetrate or enter into a particular industry

Career opportunities of entrepreneurship

Essentials in entrepreneurs opportunity seeking

The entrepreneur has big business ideas and he does not stop improving and thinking of new worthwhile ideas to his business

Factors affecting the entrepreneurship

Sources of innovative ideas

The entrepreneur constantly look for new ideas, thus he need to be creative

These are indicators in the shift of paradigm

Common competencies

Changes of shift in behavior or attitudes within a society that becomes popular or pervalent among its member

Other sources of opportunities

The expertise and skills developed by a person who has worked in a particular fields may lead to the opening of related business enterprise

The total market is devided according to geographical location

They are those who live on the labor of other

The creation of an entrepreneurial idea leads to the identification of entrepreneurial opportunities

Types of societal environment

An entrepreneur has the courage to pursue business idea

The one that provide something that is needed in business operation

An entrepreneur must be firm in making decisions

Such as minerals, Forrest, water, and fertile land that occur in nature and can be used for economic gain

This means that not only the life of entrepreneur is improved but also the society where the business is located

They are those who always make new things by thinking of new idea

Meaning he will pursue thing to get done regardless of challengs

Customs, lifestyle and values that characterize society

The interest hobbies and preferences of people are rich sources of entrepreneurial ideas, like the increasing number of internet cafes at present could lead to the strong attachment of young people to computers

This means that one of the benefits an entrepreneur gets is to develop his Managerial skills

USP means

An entrepreneur must have the charisma to obey by his employees

A safe in market identification process that aims to determine the buyers with common needs and characteristics Prospects customer are the market segment that an entrepreneurial ventures intends to serve

New inventions and technology innovation

Sources of opportunities

These are the basis for creating something brand new such as innovations and new technologies that we are non existent before

Petroleum prices, regulation, elections season and threat of terrorism

Which include political, climate, legal system, economic and social conditions and market situation

Businesses can often use these ideas and appeared or modify them to create new products themselves

Types of Physical environment

Types of external environment

Include all mammals, birds, reptile, fish, etch

Basic elements of value proposition

Types of USP

Mobile technology and e commerce

entrepreneur to an organization

An entrepreneur must have a convincing power

Creation of new medical devicea, health food, sport drinks, caffeine free drinks

Types of trends

Which means he can retain good relation with other people

They are the most fruitful sources for ideas

These could be either be successful or failures that were not anticipated like the 91q terrorist attach, yolanda typhoon, earthquake and fires

The entrepreneur being expert in the field

Doing things even before being told

KISS means

These occur when people view on facts and concept changes

Is a business or marketing statements that summaries why a consumer should buy a company's products or use its service

They are those who skeptical about changes to be made in the organization

Is is the act or process of trying to get or win some things

This means that entrepreneurship can lift up the economic status of an individual

The entrepreneurship graduate can apply as a saleman

Refers to the physical environment, sociatal environment, and industry environment where the business operates

It involves the creation and operation of an enterprise with the view to creating value or wealth by enduring optimum utilization of limited resources

Types of personality factors

The entrepreneur need to gamble but wise enough to offset the risk

Which means that her is willing to gamble but he will calculate it first

Process of creating new venture

The ones that pay cash in exchange for your goods and services

Higher disposable income, dual wage earners, more employed workforce x more student population, rise in foreign exchange need

The weather conditions

With the expertise of in the field of entrepreneurship, he can be a very good source of advices to other entrepreneurs and would be business mean

Devided based on consumers

These occur when a gap of difference exist between reality and what is expected

These occur when changes in age, population, education, occupation, geographical location and other factors

Means that he can entice people to buy even if they don't want to

Which means he can classify opportunities and seize it other people

A state or situations wherein business organization are competing with each other in a particular market

Types of entrepreneurs

Entreprendre means

They are those who don't create new things but only follow the ideas of other entrepreneur

The priorities, projects, programs and policies of the government are also good sources of ideas

Forces of competition

An entrepreneur can control a situation by making things happen

The entrepreneur can be employed as a researcher by an enterprise

One that serves the same purpose as another product in the market

Types of industry environment

An entrepreneur must have the ability to be the first to see business chances

They are those who initiate changes and drive social innovation and transformations in the various fields