1.0 INTRODUCTION AeroCookies has started as a small business during fasting month in 2009. The original business started with just three types of cookies to be sold at “Pasar Ramadan” Bandar Baru Salak Tinggi and Subang Jaya. Before starting the business‚ we had been in discussion to in what business that we wanted to involve in for the 2009 fasting month. The first thing we had to do was to identify the needs and wants of customer’s during the fasting month. After identifying the needs and wants
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are shared by successful businesspeople. You can place a check beside each characteristic that you feel that you possess. This way‚ you can see how you stack up. Even if you don’t have all of these characteristics‚ don’t fret. Most can be learned with practice and by developing a winning attitude‚ especially if you set goals and apply yourself‚ through strategic planning‚ to reach those goals in incremental and measurable stages. The Home Business Musts Like any activity you pursue‚ there are
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which is the important role played by entrepreneurship and entrepreneurs in such economies. This phenomenon has proved to us that if an economy is to develop fully‚ entrepreneurship should be allowed to flourish. Therefore it is the objective of this paper to critically analyse the impact of entrepreneurs in any given economy. In this paper the writer will identify and discuss the many benefits afforded to an economy through entrepreneurs and entrepreneurship and the disadvantages of the same and
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Table of Contents Introduction Generally people think that an entrepreneur is a visionary‚ somebody with great ideas who is eager to take huge risks. However having a radical innovation from the nothing is overwhelming but very rare. To be successful‚ it is essential to think differently from the casual thinkers. The aim of this paper is to show how we‚ a study group of five students could come up with an idea in an entrepreneurial way and go through an elaboration process toward the realization
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How did you interpret the problem? My first interpretation of the problem presented in the activity was that it was completely impossible. I had formed a conceptual block because no matter what I tried it seemed I was unable to provide a decent solution or a way to getting all three animals across without one being eaten by the other. I did think back of other activities and past memories of shows and puzzles that I thought would assist me in obtaining a proper solution‚ but it did not work
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think of being an entrepreneur. You may wonder is an entrepreneur actually a small-business owner since they are both people who set up and operate a business. I would say somehow they are different. Although many small-business owners possess the same drive‚ creative energy‚ and desire to become big-business owners‚ others may be content to operate a business that provides a comfortable living. By contrast‚ a typical entrepreneur is a risk taker who tries to make the business grow. There are three
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humility. After high school‚ Mr. Tan Caktiong moved back to Manila to pursue an engineering course at the University of Santo Tomas. Upon graduating from the university‚ he and his brothers applied for a franchise of Magnolia Ice Cream House. The business was already doing well but they noticed that the customers were looking for something besides ice cream. This gave them the idea to serve sandwiches and spaghetti. Pretty soon‚ the hot meals were outselling the frozen delights. Mr. Tan Caktiong decided
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developing innovative products and services. Research has shown that Entrepreneurship is the foundation of economic growth and social development. Entrepreneurship often brings to mind a fast growing business started by one or two people with a good idea and willingness to work hard. However‚ entrepreneurship can also help individuals‚ families‚ organizations‚ and communities turn opportunities into actions to maintain or increase well-being. Entrepreneurship is the process of identifying opportunities
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Journal 1 Brief The mind and actions of the entrepreneurship has provided an overview of the characteristics that influence the entrepreneur and shape their behaviour. The factors influencing entrepreneurship are found both internally and externally to the individual‚ comprising a combination of personality traits and environment influences. Entrepreneurs are typically characterized by strong achievement drive‚ high levels of creativity‚ a desire for autonomy‚ a willingness to take calculated
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(of 1897) defines the term “Entrepreneur” in similar way as the director or a manager of a public musical institution‚ one who gets-up entertainment arranged ‚ especially musical performance. Initially in the early 16th century‚ it was applied to those who were engaged in military expeditions. In 17th century. It was extended to cover civil engineering activities such as construction and fortification. Since then‚ the term “Entrepreneur” is used in various ways and various views. These views are broadly
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