What is Entrepreneurial Opportunity ? An entrepreneurial opportunity can be identified every time when there is a challenge, want, need, or problem that can be dealt with, resolved and/or fulfilled in a creative or novel manner. The situations in which new things like goods, services, production methods, raw materials, etc., can be introduced and sold at … Read more
Concept of Entrepreneurial Behaviour and Motivation Entrepreneurial behaviour refers to the study of human behaviour displayed during the establishment of any new venture. It also studies the way in which an individual creates and explores prospective opportunities in case of growing organisation. Innovation within the existing organisational system and social change (at large scale) are … Read more
What is Environmental Pollution Related Clearances For Establishment Industry ? One of the most critical ecological issues is the environmental pollution. Air, land (or soil) and water are the three fundamental elements necessary for sustenance of life. In past, all these elements were in pure, undisturbed, uncontaminated form and many species lived there. But now the … Read more
What is Product Selection ? Goods and services are necessary for satisfying the needs of society. Such goods/services or goods along with services or simply an idea can be called as a product. In simple terms, product is anything that is offered for sale into the marketplace. This makes product an important constituent of marketing … Read more
What is Project Closure (Project Finalisation) ? Project Finalisation or Project Closure is the last stage after completion of the project. This phase is important not only because it gives the sense of completion to the project initiators, i.e., the chairman, members, and related people but also provides satisfaction to the stakeholders by ensuring that their … Read more
✏ Table of Content : What is Enterprise Launching Formalities ? Stages in Enterprise Launching Formalities What is Enterprise Launching Formalities ? It is quite difficult for a new entrepreneur to promote a venture as it involves series of different steps. A potential entrepreneur has to follow a step-by-step approach to start a new venture. … Read more
What is Entrepreneurial Career ? Entrepreneurship is still not considered as a lucrative career by most of the people including entrepreneurs. When an individual initiates any enterprise, it can be seen as a career as this new venture starts a new passage, a way of life and a field of pursuit. Some people invest their … Read more
What is Industrial Sickness ? Industrial sickness refers to the uneconomical performance of industrial entities. It reflects poor functioning of business operations and suggests that something has seriously gone wrong with the usual business running. As the term indicates, industrial sickness is related with industrial/ production/ manufacturing units of large, medium and small scale businesses. … Read more
What is Industrial Relations ? Industrial relations is also known as labour-management relationship. It is distinguished by prompt changes, industrial turbulence, and colliding philosophies both nationally and internationally and hence represents one of the most intricate challenges for the modern industrial society. It is a constantly changing process that is based on societal pattern, the … Read more
What is Small and Medium Enterprises ? Small scale enterprises or small and medium-sized enterprises are companies whose headcount or turnover falls below certain limits. An industry having number of employees and gross revenue less than the specified limits is known as small-scale industry or small- and medium-sized industry. An industrial undertaking is referred to … Read more