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What else can I help you with?
If you are a entreprenure how many hours do you need to work?
There are 168 hours in a week. On average, an entrepreneur will have to work 80-100 of those hours. You will probably not get paid for your time.
What is imputed cost in sap?
Sometimes it is found that in the production process the entreprenure e factors of production which are owned by him. now for these factors of production he is not paying anything, but actually he is loosing the earning he can earn by hiring them. This loss is considered as the cost of production and is referred as Imputed cost or Implicit Cost. As for example a farmer is cultivating in his own land, so, he need bot to pay the rent, but money which he can earn as rent is the Imputed Cost here.
How entreprenure do mentoring?
Smart entrepeneurs use mentors to bounce issues, questions and concerns off of to gain the value of experience from people who have been there and done that. As an example this is my very first blog and I am not sure if the question is real or if Wikipedia created this question to generate input from people like me however whoever wrote the question should first learn how to spell entrepeneur then they might want to find out what it means. I have owned and operated five companies of my own and currently am mentoring a very exciting IT SaaS (software as a service) that is growing like crazy, about to go public and needs someone like me to significantly improve their chances of success. I love it and they claim that I am dramatically contributing their growth and success. Bob the IT service mentor
How important is marketing when opening and owning a business?
Dear, hope you know marketing is far more than selling, and marketing seems to be the life-blood of every business. Marketing entails all those actions and reactions geared towards getting to know what the customers need(research), finding ways to get those products or services(production), providing these produsts or services at considerate prices to make profit. In this wise, Marketing is very important when opening a business because, it is via Marketing reaserch that you as an entreprenure knows what people need, because if an unwanted product is supplied to the market, its sales will be greatly affected. Also, it is needed in running the business, because, Advertising which exposes the availability of a produst is needed so as to generate awareness about a product.
Difference between entrepreneur owner manager and businessman?
Entreprenure who starts the business from scratch. for example, initiating the plan , materializing and implementing . and aslo creating brand for his produts and services. in simple words entreprenuer who run the business in a unique form. businessman who follow up the market trying to capture the existing customers by doing some additional or value added services in the existing products and services catedory. Thank you Santhosh srisan.jsb@gmail.com Well As far as my knowledge goes I think an Entrepreneur is a person who has an Idea that they implement for the betterment of anybody in general i.e. either clients or employees or organizations or the society at large and hence creates value for them by means of products/services which were not really existent until now in the very form in which the entrepreneur is offering.The product or service that the entrepreneur comes up with has distinguishable features and thus the entrepreneur can be fairly stated as the founder or creator. On the other hand a Businessman is a person who is engaged in a process of bridging the gap between products/services(not created by him/her) and consumers and thus acts as a provider of something which is already existent. A noticeable difference between the both is that a businessman works for profit where as an entrepreneur works towards creating value for the society at large(though he's not a philanthropist). Dhawal Kharbanda kharbandaz@rediffmail.com First to provide you with the appropriate sources for the Classical and Contemporary exploration: Schumpeter offered a conceptual basis for entrepreneur that extended beyond the simple small business owner (SBO). He identified entrepreneurs as those who leverage available resources to create, launch, or expand products or services to create value beyond the normal profit associated with economic profit. Peter Drucker later refines this definition. Small business owners are generally not seeking to leverage resources to create additional value beyond normal profit; they are more concerned with engaging in consistent operations as opposed to innovating operations. Contemporary evaluation of the differences can be found in the works of Drs. James and JoAnn Carland. S. Z. Marsh
