1) Intrapreneur – who takes hands on responsibility for creating innovation of any kind within the organization. Dreamer who finds out how to turn an idea into a profitable reality.

2) Peer support in development of entrepreneurship – moral support and encouragement of family members, friends, relatives which inspires, reinforces confidence and prepares him to face new challenges boldly.

3) Women entrepreneurs – enterprise owned and controlled by a woman having a minimum financial interest of 51 percent of the capital and giving atleast 51% of the employment generated.

4) Motivated entrepreneurs – type of entrepreneur motivated by desire for self-fulfillment. They come into being because of the possibility of making and marketing some new products for the use of consumers.

5) Pure entrepreneur – motivated by psychological and economic rewards. Undertakes an entrepreneurial activity for personal satisfaction in work, status or ego.

6) Achievement motivation – individual need for achievement refers to need for personal accomplishment. Drive to excel, strive for success and achieve in relation to a set of standards.

7) Entrepreneurial development programmes – designed to help an individual in strengthening his entrepreneurial motivate and acquiring skills and capabilities necessary for playing his entrepreneurial role effectively.

8) Shortcomings of EDP – no standard courses curricula, institutional commitment is low,  literature provided is outdated and insufficient.

9) Outsourcing – transfer or delegation to an external service provider. 2 types – Traditional outsourcing and Greenfield outsourcing.

10) Traditional outsourcing – employees of an enterprise cease to perform the same jobs

11) Greenfield outsourcing – enterprise changes its business processes without hiring any personnel by the service provider.

12) Franchising – legally independent entrepreneurs who has a uniform market identity and share performance of franchises and control system.

13) Benefits of brand name franchising – delivers message clearly, confirms your credibility, connects your target prospects emotionally, motivate buyer etc.

14) Acquisition – purchase of an entire company or part of the company i.e. the company is absorbed completely and no longer exists independently.

15) Ancillarisation – industrial undertaking engaged in the manufacture or production of parts, components, sub-assemblies, tooling or intermediaries or rendering services whose investment in fixed assets in plant and machinery whether held on ownership terms or on lease or on hire-purchase, does not exceed ’10 million.

16) Social entrepreneurship – process of bringing about social change on a major scale. Functions as agents of change, questioning the status quo, grabbing new overlooked opportunities, and changing the world for better.

17) Prominent NGOs in Mumbai – CRY, YUVA, PUCL, SPARC etc.

18) Project identification – collection, compilation and analysis of economic data for eventual purpose of locating possible opportunities for investment. Project identification cannot be complete without brainstorming new ideas.

19) Quantifiable projects – quantitative assessment of benefit can be made e.g. industrial development powers generation etc.

20) Non-quantifiable projects – projects are those where quantitative assessment are not possible e.g. Health education, defence etc.

21) Project evaluation – find out total impact of project on the economy of the nation apart from looking into financial viability of a project in the form of investments, costs and benefits.

22) Project formulation –  process where an entrepreneur makes an objective and independent assessment of various aspects of investment proposition of a project idea for determining its total impact and liabilities.

23) Cost-benefit analysisestimates social cost and social benefits made and presented for computation of social profitability of the project. Purpose is to ascertain all social cost and secondary benefits.

24) Project design – development of detailed work plan of the project and its time profile.

25) Network analysis – carried out to identify the optimal course of action to execute the project within minimum time and keeping in view the available resources.

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