Marketing
Differentiate between entrepreneurs and businessmen.
All entrepreneurs are businessmen but not all businessmen are entrepreneur.
Time
A businessman only spends his time on buying and selling products. However, an entrepreneur spends unlimited time in studying how to satisfy client’s needs and wants.
Natural of job
A businessman faces competition as ordinary challenge which makes him rigid in adapting to changes. An entrepreneur is always flexible in changing and refining his products.
Decision making
A businessman follows decision made by others. They only sell existing and available products in the market. An entrepreneur makes his own decision by creating new products.
Effort
A businessman is not attracted to changes and technological breakthroughs. An entrepreneur keeps himself abreast with current and future technological developments to increase his creativity and productivity.
Risk taker
A businessman takes lower risk compare with an entrepreneur. A businessman main desired is to gains profits. But an entrepreneur takes necessary risk to establish and operate a new business.
Goals
A businessman’ goals are to gains higher profits. However an entrepreneur is more concerned in successful and self-potential rather than profits.
4 Popular types of Technology/facilities
Internet
Internet act as a mechanism for transforming the companies, and changing the way they conduct business. Business able to store, retrieve, create and display information through the Internet. Companies can use the resources at any time and location. Companies also can obtain feedback and improve the business operations.
E-mail
Electronic mail is free and able to send and receive by recipients almost quickly. E-mail help companies to market and sells their products easily. E-mail reduces the communication costs such as telephone cost. E-mail is the best media if the products are offered for international market.
Computer software
Computer software control and manage the
All entrepreneurs are businessmen but not all businessmen are entrepreneur.
Time
A businessman only spends his time on buying and selling products. However, an entrepreneur spends unlimited time in studying how to satisfy client’s needs and wants.
Natural of job
A businessman faces competition as ordinary challenge which makes him rigid in adapting to changes. An entrepreneur is always flexible in changing and refining his products.
Decision making
A businessman follows decision made by others. They only sell existing and available products in the market. An entrepreneur makes his own decision by creating new products.
Effort
A businessman is not attracted to changes and technological breakthroughs. An entrepreneur keeps himself abreast with current and future technological developments to increase his creativity and productivity.
Risk taker
A businessman takes lower risk compare with an entrepreneur. A businessman main desired is to gains profits. But an entrepreneur takes necessary risk to establish and operate a new business.
Goals
A businessman’ goals are to gains higher profits. However an entrepreneur is more concerned in successful and self-potential rather than profits.
4 Popular types of Technology/facilities
Internet
Internet act as a mechanism for transforming the companies, and changing the way they conduct business. Business able to store, retrieve, create and display information through the Internet. Companies can use the resources at any time and location. Companies also can obtain feedback and improve the business operations.
Electronic mail is free and able to send and receive by recipients almost quickly. E-mail help companies to market and sells their products easily. E-mail reduces the communication costs such as telephone cost. E-mail is the best media if the products are offered for international market.
Computer software
Computer software control and manage the