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QUESTION

factor of production

Explain the importance of entrepreneur

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********** ** ********************************* ****** *** ********* benefits:Benefits ** **************** ** ** ************** *********** ** ********** capabilities:The ******* ************ ** entrepreneurship lies ** *** fact **** ** helps ** identifying *** developing ********** ************ ** ************* ** ************ ******* * ******* identifies *** alternatives compares *** alternatives ** ***** ** **** *** benefits ************ *** ******* chooses *** **** *************** ******** ***** ** sharpening *** ******** ****** ****** ** ** entrepreneur ******* ***** managerial capabilities *** used ** ************* in ******** *** ************ and products in ***** ** ***** ************ *** ******** ********* ** higher ******************** ** ****************************** ******* **** creation ** organisations **** entrepreneurs ******** *** coordinate ******** ***** *** ********* ********* and ****** them ******* achievement ** ********** ******* managerial **************** ********* ** living:By ******** ********** ************* **************** ***** ** ****** * **** variety of ***** *** services available to *** society ***** ******* **** ****** ********* of ****** *** *** **************** of ****** cars ********* ****** phones rapid ****** ** ******** ***** *** are pointers ** the ****** ****** ********* ** ****** *** *** this is due ** the ******* of entrepreneurs4Means ** ******** **************************** involves ******** and use ** innovative ***** ************ of ****** **** ***** resources *********** ** ********** skills *** and *** these factors *** ** essential *** the ******** *********** ** * country Functions ** an **************** ********* functions ********* by ** entrepreneur *** ****** ******* ************* ************ ** ********* an innovator *** ***** to ******* *** technology ******** markets *** ********** may ******* doing new ****** ** ***** existing ****** differently ** ************ **** *** creative ********* ** ** *** ****** *** exploit opportunities ** the ****** ** **** *** ******* ** status *** *** ** ****** ** ****** of ***************** ** ******* entrepreneur by ********** ** **** ***** *** *** **** shirker ** ** ****** ******** *** ******** ****** that *** ***** ** ******* ** *** ***** and ******** undertaken by *** **** *********** ** **** ***** ****** an ************ to **** initiatives in doing *** ****** and ******** ***** ** *** ******************* entrepreneur is * ********* ******* and **** * *** of *********** before taking * **** in *** ventures ** other ***** ** ************ ********* ** **** **** ***** considering * ******* ** ******* analyzing ***** ********* *** ********** ** applying analytical ********** ******* ***** applicability supplementing **** with ********* ******** and **** ******** *** **** alternative ** ** **** **** he applies *** ***** ** practice The ********* ** ** idea **** involves *** *********** ** ******** *********** ** ** ************************ ** ********** Skills:The **** of ** ************ involves the *** ** managerial skills which ** ******** ***** ******** organizing ******** ********* *********** and ************ *** ********** ** ******** His managerial ****** *** ******* ************ when he ******* ******* ** ************ equilibrium between *** ************ *** its ****************** **** *** size ** business ***** ************ ** entrepreneur *** ****** professional managers for the ********* ********** ** ******** ********************* ********** to ********** *********** *** ********* ******* by people because it ***** **** ****** their existing ******** patterns ** ************ ****** first ***** *** ***** ** *** ******* ** only ***** the successful ************** of ***** ***** **** ** entrepreneur ***** ***** ***** ********* to others for ***** ******* ** **** ****** ** ************ paves *** *** *** *** ********** ** *** ideas ** ****** This is a ********** ** *** will power ********** *** ****** ***** ***** him ** ********** *** society’s resistance ** change6Catalyst ** Economic ************** entrepreneur ***** ** important role ** accelerating *** **** ** ******** development ** * ******* by discovering *** **** ** ********* ********* *** ********** their ************* better ********** the ******* ** an entrepreneur it ** ********* ** *********** him from ** entrepreneur *** promoter ***** 41 ******** *** *********** between an entrepreneur and ************* *** Table 42 ******** ***** ****** ** *********** ******* ** entrepreneur and *********************** ****** *** ************** ******** offerings ** entrepreneurs in *** form ** *** ***** ***** services ****** ** new employment which *** ******* * ********* ****** ** ******** ****** ** the ******* *** *********** ** ******* ********** ** ******* **** ******* *** *** ******* *** ** ******* ******** ************** ******* a few ** ********* ******* the ****** IT industry in *** 1990s ** * ******* ************ hub **** *** industry ******** **** in *** own programmers’ ****** *** **** *********** ******** **** ***** sectors ********* from ** **** **** ******* ****** ************ And How They **** ***** **************** ** ********** industries **** call ****** ********** ******* *********** companies *** ******** ********* ********** ********* *** ******** ********** nurtured * new ***** of ** ******* ******** better *********** **** ************** *********** organizations *** ******** *************** *********** ** **** growth ** ******* ******** to ********** **** ******* *** improved ************** future *********** ******* ** ************** countries **** require ***************************** ************** ********* ** paper ***** *** a ********* ********* From *** ****** qualified ********** ** *** ************ worker the ************ ******* ******** ****** * ***** spectrum ** *** ******************** *** ** ******** ********************* ******** ********* ******** new ****** Existing ********** *** ****** ******** ** *** ***** of ******** ******* *** *** *** *** ***** ******* in ***** ** income New *** ******** ********* ******** ** ************ from entrepreneurs ****** new ******* ** ** ********* *** new ****** ******************* *** cascading ****** ** ********* ********** *** higher ******** ********** to ****** ******** ****** ** **** ** ****** tax revenue *** ****** government ******** **** revenue *** be **** ** *** ********** ** invest ** ***** ********** ******* andhuman capitalAlthough ** *** make a few ******** ******* ********* the ********** *** soften ****** *** blow ** ************************ ** ******* ******* **** **** ************ * ***** ******** ** ***** ******** ******************* Also Create Social ************* their ****** ********* ** new ***** *** ******** ************* ***** **** **** ********* *** ********** ******* freedom ** ******** ********** on ******** ******* *** technologies ******* **** results in ** *************** ** **** ******* ****** and ******** freedomFor ******* the ***** supply in * ************ region **** at times ***** ****** to **** working ** collect ***** **** **** ****** their ******** ************ and ****** ******* an innovative automatic ******** ********** **** **** *** fill ** people's home water ********** automatically Such an installation **** ****** ****** are **** ** ***** ** ***** **** **** without ******** ***** * ***** ********* **** carrying ***** More **** ** ****** ** work ************* growthFor * more ************ ******* smartphones and ***** ***** **** **** ************** **** and **** ****** *** globe *********** *** *** ********* ** **** countries ** rich ****** ****** ** *** ****** of China's ********** market *** *** smartphone industry show technological **************** **** have profound **** ******* ******* ** *** ****** ***** raceMoreover the ************* ** **** ***** ************* inlesser-developed ************* ****** ** the **** tools ** ***** counterparts in richer countries **** **** have *** advantage of * ********* of ****** ** * ***** individual entrepreneur **** ** ************** country *** **** ** *** might ** *** multi-million ****** ******** ******* from a ********* ******* (For more see:Time *** China’s Smartphone ******************** DevelopmentEntrepreneurs ********* ******* *************** ******** ** ***** *********** individuals **** **** ****** ** community projects *** provide ********* support to ***** ********* This ******* ******* *********** ****** their *** ************ ****** ************* ******** ***** **** **** ***** ***** ** ******* **** causes **** ********* ** public health *** ********* **** make *** ** ************ *** *** **** qualities **** motivate entrepreneurs ** pay ** forward **** **** *************** **** ****** With ** ********* ******

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* Business ************ ****** *** ******** movementHe needs ** ***** the ******** ******** ** ******* ** * ********** arrangement *** arrangement ***** ** ****** the **** ** *********** ** administration ** be ********* *********** ** crude ******** *** ****** **** ** ********** ** be utilized *** ******** ******* ***** *** items *** ** sold *** ** on *** arrangement ought ** ** ***** ****** *** ******** every one ** the parts ** *** ********* ******** Entrepreneur sorts *** *** ********** of generationThe ******** ********* ***** to ****** *** ******* ********** ** ********** and **** **** ** *** ******* extentsquare * Business ************ ** * chiefBusiness ******** ********** ** ******* ** ** ***** *** ******** visionary ***** to ****** ***** *** *** ** item ********** value *********** notice ********* **** of **** *** ** ***** * ********** ********* **** ** ******** ** *** to take *** ******** Business person *********** ****** ************* ******** **** comprises ** ******* offices He ***** ** *********** ********* ***** ************ ** having legitimate correspondence ******** and ************ Business ****** ***** to present developmentsAs ********* ** **** ********** the genuine ******** ** a business ****** ** ********** developments Advancements ***** ************ ** ******* **** ******* another item ************ ** ******* ********** ** new strategy for ********** *** ** on Development ******** ****** *** business visionary may *** ******* or *** ***** misfortune Subsequently ****** ** business people ******* ** ******* ************ ** improving they *** ** ********** procedure ** *** ******* and ******* *** *********** *** ************ Business ****** handles ******** **** of *** *********** ***** ******** ********* ** *** obligation ** *** business ****** ** ***** ** prepare ****** *** the execution of the marketable ******** ***** ****** other ******** **** ** paid legally ******* installments ** **** *** ********* ****** he ***** ** make *********** *** ****** ******** *** extension *** ********* ** ***** to **** up * harmony ******* salary *** use7 Business visionary ***** hazard and vulnerabilityThis ******** ********** *** ******** ********* **** ********* capacities ***** ********* ********* ******* *** **** * *** deal ***** hazard and instabilities ******** ****** ***** ** hold ** ***** ******* *** vulnerabilities ***** dangers are ********* ************* ***** ** ********* ** ****** like **** robbery *** so ***** can ** *********** ************* like ******* ** tastes ******* ***** ** ********* While *********** these ************* ******** ********* may *** ******* ** *** ***** ********** ***** ***** ***** ****** and instability bearing ** *** ** *** *** ** * kind capacity ** * business personIn **** manner *** business ********* ** the rotate ****** ***** ***** *** ** *** ********* of *** firm **** ****** ** ** *** ****** *** ******** ******** ** *** ******** firms *** ********** *** ****** *********

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