TECH HELP

                                              MARWARI COLLEGE,RANCHI                                        (UNDER RANCHI UNIVERSITY,RANCHI) NAME :RAJU MANJHI SUB: EDP SEM : V (IT/CA/CM) ________________________________________________________________________________ characteristics of entrepreneur An entrepreneur has to have mental ability, which consists of intelligence and creative thinking. He must be reasonably intelligent and should have creative thinking and should be able to engage in analysis of various problems and situations in order to deal with them. He should be able to anticipate the situation in order to prepare for tomorrow. (Creative thinking: think differently.) . He must have a clear objective of the nature of the business, the nature of the goods to be produced, and the activities to be undertaken. He may have the objective to establish, to make profit, or to render service. Business secrecy: This is very

    MARWARI COLLEGE RANCHI                                                (UNDER RANCHI UNIVERSITY ,RANCHI) RAJU MANJHI  DEP. OF B.Sc(CA) ,MCR ________________________________________________________________________________ SEMESTER : VI BCA/IT/BCM  SUBJECT : EDP SESSION:18-21 TOPIC : DEFINITION OF EDP : Entrepreneurship 1.         Concept:             Entrepreneurship is derived from French root, which means to undertake. But people today call it by various names - adventuresome (to start something different from others), risk taking, thrill seeking (much of up’s and down’s), innovating (something new). Hence the word entrepreneurship in today’s concept can be called an event of adventuresome which takes risks, seeks thrills and innovative. I.          According to Higgins: Entrepreneurship is the function of seeking investment and production opportunity, organizing an enterprise to undertake a new function process, raising capital, hiring labor, arranging supply of raw materials, fin