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101 nature of entpsh
| Term | Definition |
|---|---|
| demographic | changes and/or trends in the way people, live, work, and think |
| entrepreneur | an individual who creates a new business, bearing most of the risks and enjoying most of the rewards |
| entrepreneurial process | a set of procedures and methodologies that are followed by entrepreneurs for establishing a new business or venture |
| entrepreneurship | the capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit |
| ethics | the discipline concerned with what is morally good and bad and morally right and wrong |
| etiquette | Formal manners and rules that are followed in social or professional settings |
| globalization | The spread of products, technology, information, and jobs across national borders and cultures. |
| innovation | The introduction of a new or improved good or service.; A new idea, method, or device. |
| intrapreneur | A professional at a company who uses his or her talent and skills to lead the launch of new products, services, projects, business lines, etc. with an entrepreneurial mindset. |
| large company entrepreneur | When a company has a finite amount of life cycles. This type of entrepreneurship is for an advanced professional who knows how to sustain innovation. |
| political | These factors determine the extent to which a government may influence the economy or a certain industry. For example, a government may impose a new tax or duty due to which entire revenue generating structures of organizations might change |
| risk | Uncertainty about gains and losses |
| scalable startup entrepreneur | Entrepreneurs that start their company believing that their vision can change the world. Their funding comes from venture capitalists and they usually hire the best employees. |
| small business entrepreneur | An entrepreneur who operates a business with 250 or less employees. They are mostly barely profitable, but they make profits only to make a living and support their families. |
| social entrepreneur | An entrepreneur who wants to solve social problems with their products and services is in this category of entrepreneurship. |
| social | These factors scrutinize the social environment of the market, and gauge determinants like cultural trends, demographics, population analytics etc. |
| technological | These factors pertain to innovations in technology that may affect the operations of the industry and the market favorably or unfavorably. |