Explain David Holt model of Creative process for an Entrepreneur

Explain David Holt model of Creative process for an Entrepreneur. Advertisement Ans:   David Holt (2000) gives the following model of the creative process  (1)      Idea Germination: The germination (origination) stage is a seeding process. Most creative ideas are the result of the entrepreneurs interest in or curiosity about...

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Write a note on EDP

Write a note on EDP. Ans:   Meaning of EDP Entrepreneurs are not necessarily born but they can be developed through education, training and experience. Development of entrepreneurs means inculcating entrepreneurial skills required for setting up and operating business units. Entrepreneurial development is an organised and an ongoing process. Its...

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What are factors influencing Entrepreneurial development in India?

What are factors influencing Entrepreneurial development in India? Ans:   1.      Economic Factors Capital, labour, raw materials and market are the main economic factors. (a)     Capital: Capital is one of the most important prerequisites to establish an enterprise. Availability of capital helps an entrepreneur to bring together the...

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What are association promoting Women Entrepreneur in India?

What are association promoting Women Entrepreneur in India? Ans:   Associations Promoting Women Entrepreneur A brief analysis of various associations and agencies that are functioning at state and national levels to promote women entrepreneurs is made for reference. 1.      Self-Help Groups (SHGs)           This is an association of small...

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What are Basic problem of Women Entrepreneurs/ Challenges faced by Women Entrepreneurs in India?

What are Basic problem of Women Entrepreneurs/ Challenges faced by Women Entrepreneurs in India? Ans:   Basic problem of Women Entrepreneurs The basic problem or difficulty of a women entrepreneur is that she is woman-this pertains to her responsibility towards facility, society and work. With joint families breaking up, many...

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What are the various types of Entrepreneurs?

What are the various types of Entrepreneurs? Ans:   (I)     According to the Types of Business                      Entrepreneurs are found in various types of business occupations of varying size. We may broadly classify them as follows: (i)      Business Entrepreneurs: Business entrepreneurs are individuals who conceive an idea for a new...

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What are Entrepreneurial Competencies required for superior performance in Business?

What are Entrepreneurial Competencies required for superior performance in Business? Ans:   Entrepreneurial Competencies According to a recent study, it was found out that possession of certain competencies or abilities result in superior performance. An entrepreneur may possess certain competencies and at the same time it is possible to develop...

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Define Intrapreneur & Characteristics of an Entrepreneurial Environment?

Define Intrapreneur & Characteristics of an Entrepreneurial Environment? Ans:   Intrapreneur: Any of the “dreamers who do.” Those who take hands on responsibility for creating innovation of any kind within an organisation. The intrepreneur may be the creator or inventor but is always the dreamer who figures out how to...

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What are the pros & Cons of being an Entrepreneur?

What are the pros & Cons of being an Entrepreneur? Ans:   Pros and Cons of being an Entrepreneur             The advantages and disadvantages of being an entrepreneur are equally weighted. Being an entrepreneur one can create wealth for society and be satisfied. But running a business show on ones...

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