Entrepreneurship Development

Chapter 5 ENTREPRENEURSHIP DEVELOPMENT ENVIRONMENT Entrepreneurship is not an inborn skill; it is a intersection point of environs. It involves a complex of economic and social behavior. To be successful, an enterpriser has to remain dynamic and responsible to the whole environment. Entrepreneurship can barely survive under any given circumstances. It can roll only under right environment. It is a part of union musical arrangement. The social values, culture, government policies, political system, technology, economic conditions, laws, etc influence the crop of entrepreneurship. In fact, the entrepreneurship can not be kept removed from the changing social values, ideologies, new emerging aspirations, environmental pressures, religious beliefs, consumer call fors, and society needs etc. Business is a system made up of certain environmental factors which require the entrepreneurs to lard a dynamic attitude and a new dodge of their own. Entrepreneurship environment refers to the various facets within which enterprises- big, small and other take to operate. The enterprise is therefore, influenced by the environment. By and large, entrepreneurship is influenced by an environment created by political, social, economic, national, legal forces, etc. Entrepreneurial environment is broadly classified into cardinal important segments:[1] 1.

Political environment includes: (a) Political atmosphere (b) Quality of leadership 2. stinting environment includes: (a) Economic policies (b) Labor (c) Trade (d) Tariffs (e) Incentives (f) Subsidies 3. Social environment includes: (a) Consumer (b) Labor (c) Attitude (e) Opinion (f) Motives 4. Technological environment include: (a) Competition & risk (b) Efficiency (c) Productivity (d) Profitability 5. court-ordered environment include: (a) Rules & Regulation (b) Legal obligation 6. Cultural environment includes: (a)Structural aspiration (b) Values. POLITICAL ENVIRONMENT Political environment affects the... If you want to get a full essay, order it on our website: Ordercustompaper.com

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