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1 Who is an Entrepreneur?
What is the role of entrepreneurship in Economic Development?
Entrepreneur
Role of entrepreneurship in Economic
Development
Answer: The word entrepreneur is derived from the
French verb ‘entreprendre’, which means to attempt, to undertake, to contract
for, to try in hand, or, to adventure. In the general sense, the word applies
2 What are
the contents of a Business Plan?
Contents of a Business Plan
Answer: Contents
of a Business Plan
·
Description of venture: For an existing business, the details like
date of establishment, journey over time with significant milestones, employee
data, sales and profit data over time (if
3 Define the
term growth. What are the characteristics of a high growth firm?
Growth
Characteristics of a high growth firm
Answer: In the world of real business, the term
‘growth’ is often used, because a competitive environment has compelled
business firms to view growth as the best survival strategy that may decide
whether a firm will prevail or perish. Growth of a company is occasionally
understood with reference to change in quantity sales, rupee sales, gross or
net investment in asset, profit or profitability. The term ‘
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