2. ENTREPRENEUR
• A person who sets up a business & taking on all kind of financial risks in the
hope of profit.
• A person who is looking for an opportunity & shows initiative and a
willingness to take risks in order to benefit from the potential rewards.
• Entrepreneurs make use of the resources available to them to set up or
develop a business
The word Entrepreneur derive from French language
• Entre-to enter/come
• Prendre-take responsibility /initiation/Risk
• Entreprendre in French & means “to grab” or “to take control.”
3. ENTERPRISE
• An enterprise is the business organization that is formed by an individual and
group of individuals, which brings all required resources together for the
production of goods and services.
• Enterprise is the starting point to any business activity "The person who gets
the farthest is generally the one who is willing to do and dare. The sure thing
boat never gets far from shore
• The willingness to undertake new ventures and show initiative with a view to
gaining rewards.
4. ENTERPRISING
People who have entrepreneurial success are often referred to as “enterprising.”
Showing initiative and willingness to undertake new projects; ready to undertake
important, difficult or new projects, energetic in carrying out an undertaking.
5. ENTREPRENEURIAL
• Entrepreneurial is a Process/function called leadership function which centers
around the dynamics of entrepreneurial growth and change.
• Entrepreneurial is a Process to comprising several distinct changes.
• entrepreneurial is a process into five phases: idea generation, opportunity
evaluation, planning, company formation/launch and growth.
• Characterized by the taking of financial risks in the hope of profit;
Enterprising. "an entrepreneurial culture"
• The meaning of Entrepreneurial is having to do with the creation and
development of economic ventures : of, relating to, characteristic of, or suited
to .
6. • Some changes in socio-economic environment leading to changes in every
aspect of life in the country e.g. the change creates needs for new products and
services
• Coordinating the varied activities to achieve the entrepreneurial goal.
7. INTRAPRENEUR
• Intrapreneur is someone within a business that takes risks in an effort to solve
a given problem.
• Intrapreneurs are individuals who are tasked with creating new and innovative
products within an already-established business.
Example
• A manager within a company who promotes innovative product development
and marketing.
8. INTRAPRENEURSHIP
• Intrapreneurship is the act of behaving like an entrepreneur while working
within a large organization
• Intrapreneurship is the process of extending the enterprises domain of
competence by exploiting new opportunities through new combinations of its
available resources.
