ENTREPRENEURSHIP Contents 1. Company Information………………………………………………..2-5 2. Macro Environment Element………………………………………..5-7 3. The elements of macro environment that effected Melorita Home Health Sdn Bhd………………………………………………………………………8-10 4. Recommendation to improve macro environment management……10-12 5. Summary………………………………………………………………..12-13 6. References……………………………………………………………….14 Company Information Company Name: Melorita Home Health Sdn Bhd Last Old Name:
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SCHOOL OF ENGINEERING AND INFORMATION TECHNOLOGY ASSESSMENT COVER SHEET Student Name Navpreet Kaur Student ID S265457 Assessment Title Case Study 1 Unit Number and Title PRT503 Entrepreneurship for Professionals Lecturer/Tutor Mr. Jamal El-Den Date Submitted 07 August 2014 Date Received OFFICE USE ONLY KEEP A COPY Please be sure to make a copy of your work. If you have submitted assessment work electronically make sure you have a backup copy. PLAGIARISM Plagiarism
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CREATIVITY IN BUSINESS Promote regular team brainstorming sessions‚ which allow employees a chance to produce a high quantity of ideas. Once you have a large amount of ideas‚ analyze and choose those ideas that are of high quality. Create an encouraging work environment. If employees see that their ideas are encouraged and accepted‚ they will be more likely to be creative‚ leading to potential innovation in the workplace. Create a collaborative work environment. Creativity and innovation can
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Entrepreneur Interview Assignment Each student will interview an entrepreneur of his/her choice. The goal is to provide you with insights about entrepreneurship that cannot be obtained from classroom experience alone. Chose an entrepreneur in an industry that is personally interesting to you. While you may find it difficult to cold-call an entrepreneur‚ you will find that most entrepreneurs will be honored to be asked about their experiences and will be willing to meet with you. Entrepreneurs’
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ideas and lots of enthusiasm. Kindly comment on the above quotation taking into consideration the things youve read about entrepreneurs and basically everything you know about entrepreneurs and entrepreneurship. I find this quotation made by Bill Gates true because young people especially new to entrepreneurship or any kind business have so many ideas because nowadays people tend to get ideas from many sources especially in the internet. We get ideas just by searching articles in the internet made by
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APPROACHES TO ENTREPRENEURSHIP MACRO VIEW a. Environmental School of Thought b. Financial/capital School of Thought c. Displacement School of Thought MICRO VIEW a. Entrepreneurial Trait School of Thought (People School) b. Venture opportunities School of Thought c. Strategic formulation School of Thought INTRAPRENEURSHIP i. Within an existing business ii. The development within a corporation of internal markets or autonomous or semi-autonomous business units that produce product‚ services
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enterprise without undermining his/her relationship. In this last case a good entrepreneur should be free from personal commitment‚ at first‚ at least‚ because his/her work‚ or his/her relationship‚ could be compromised. Q2: Inc. Magazine claims‚ “Entrepreneurship is more mundane than it’s sometimes portrayed … you don’t need to be a person of mythical proportions to be very‚ very successful in building a company.” Do you agree? Explain. 2. I don’t agree with the sentence above; I think that a temporary
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Areas to Complete for the Entrepreneurship Portfolio Mindset Taking Risks Type Grade % A. Financial 68 B. Intellectual 92 C. Social 80 D. Physical 92 E. Cultural 60 Total: 78.4 My advantages: I think I’m not just a thinker but a doer‚ that’s an advantage because I try to have no irrational fear‚ if I have one it is calculated and more than fear I’d like to say it is just my logic telling me not to do something. So in embarrassing aspects like talking to strangers‚ in front of
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Very true innovation and creativity are at the heart of entrepreneurship. Creativity can be used to dream up an entrepreneurial idea and then you can follow the innovation process to bring the idea to life / make this new entrepreneurial idea actually happen. To help you think up an entrepreneurial idea take a look at some creativity techniques. I also think it is important to make the idea something that you are passionate about. Ideally you could take two areas (perhaps hobbies) that you are
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Introduction What is an entrepreneurship? Entrepreneurship is the implementation of every people using their own talent such as new idea or new concept to open their own business. Then‚ what is mean by entrepreneur? Entrepreneur not only just a business man‚ it also a risk taker and consists of creativity to create new things or bring some new things to this world. Entrepreneur will always cares about their money‚ because they need money to improve their product to become more creative. In my
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