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About
Entrepreneurship
(B)
by
Laurus Nobilis
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Who
is Entrepreneur? What are company's Goals and
Strategies? What are the main Factors that affect
an Company?
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Posted:
Nov 2007 |
Modified
Dec 2007 |
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Entrepreneur
is by definition a person talented with sense for business and
leadership, rich with knowledge about business
environment and people, decisive to take over the risk
of managing the company, that should be driven by
constant development and innovations.
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Entrepreneurship is is activity of entrepreneur
focused on start-up, organizing and improving of
company with the purpose of exploiting a new
markets.
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The
Enterprise or Company is independent economical,
technical and social unit with ownership body, with
purpose to produce goods and services that have a
purpose to satisfy the needs of the market, by utilizing
specific resources and undertaking a certain risk, in
order to obtain profit, as well as other economic and
social goal.
There are several factors that shape up the
organizational form inside and
outside. Inside factors are:
Goals and Strategy.
The Goals are points of desires. The main goal is described as
Mission of the Company. The main characteristics of goals are described through the
S.M.A.R.T. concept.
The Strategy represents a method of achieving the Goals. Strategy layout is based on Goals. But in order to follow the Strategy the whole company needs to adjust its own structure.
Technology and Tasks (Targets)
Tasks materialized through specific Targets are main tool of achieving Goals. Tasks must have owners, time, target, costs, standard, etc. Also, in order for Company to have technical capacity for fulfilling the tasks, it must have appropriate technology. The Technology provides specific technical solutions. to have technical capacity for fulfilling the tasks, it must have appropriate technology. The Technology provides specific technical solutions.
Size of the Company
There are several classifications of company size, but in
general the opposite ends of scale are large and small
companies:
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As it obvious, there are certain advantages and disadvantages on both ends. Every side of the scale have its own way of approaching the market.
People
The factor of every Company that becomes more and more
importan. More about the People in the section Human
Resources.
Life Cycle of the Company:

Product
Product
or Service that is generator of Revenue and Profit for
the company. More under Marketing section.
Outside factors are:
- Legislative and Institutional Enviroment
- Integration Processes
- Market
Market of
Supply ( Suppliers and Employees )
Market of
Demand ( Customers and Competition )
- Development of Science and Technology
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