Entrepreneurship

Introduction In Zimbabwe, and indeed the world over, we be sightedness the need of dwarfish businesses at an increased pace. Small businesses are more often than not owner-managed while non-owners manage others. A number of these survive to endure hulky businesses of tomorrow, while others fold. The big question is what influences the emergency of these small businesses? What makes them succeed or dissect? What is the character of persons who commence these businesses? argon their characteristics inborn or tolerate they be acquired through program line or by other means? These entire questions ordain be answered by looking at the aspect of entrepreneurship. This duty assignment commences by looking at the definitions of an entrepreneur and entrepreneurship. It then looks at the characteristics or traits of entrepreneurs, their influences that can produce entrepreneurs and finally the conclusion. Origins of the word entrepreneur check to Stokes(1995), the word entr epreneur is derived from the French where it meant between histrion or go-between. He goes on to say that the earliest subroutine of the word had a sense of a impinging who tell resources provided by others. The concept was then extended in the seventeenth century to include elements of adventure and gain ground.

In those distant days, an entrepreneur was someone who contracted with the government to perform duties such(prenominal) as the collection of revenues or operation of banking and trading services. Since the cost of doing the channel was fixed, there was chance for loss or profit from the doing of the contract. This is wh ere the risk element came in. In 1734, ac! cording to Stokes, Richard Cantillion introduced the bourn into stinting literature when he categorised agents in an deliverance into disembark owners who as land proprietors provided primary resources; entrepreneurs, including farmers and merchants who organised resources and real risk by buying at a certain price, and interchange at an uncertain price; and hirelings who rented their...If you want to outwit a full essay, order it on our website: BestEssayCheap.com

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