Sujit Cheat

Q 1 Culture of entrepreneurship
Ans. The culture of entrepreneurship refers to the environment or atmosphere within a company or
society that fosters and encourages entrepreneurial behaviour and mindset. It encompasses the
values, beliefs, attitudes, and practices that support and promote innovation, risk-taking, creativity,
and the willingness to pursue new opportunities.
Key aspects of a culture of entrepreneurship include:
1.Innovation and Creativity: Encouraging employees to think creatively and come up with new ideas,
products, or services.
2.Risk-taking: Embracing calculated risks and viewing failures as learning opportunities rather than
setbacks.
3.Autonomy and Empowerment: Allowing individuals the freedom to make decisions and take
ownership of their projects or initiatives
4. Flexibility and Adaptability: Being open to change and adapting quickly to new market conditions
or challenges.
5.Collaboration and Networking: Promoting collaboration among employees and fostering

connections with external stakeholders to exchange ideas and opportunities.
Q 2 Traits or characteristics of entrepreneurship
Creative entrepreneurship is the process of using creative skills to create value, solve problems, and
serve needs in a systematic way. Creative entrepreneurs can work in a variety of fields, including
blogging, photography, graphic design, and YouTube video making. They often use their creative skills
to start a business or side hustle
Innovative entrepreneurship is the practice of developing new business ideas to achieve company
goals, help the community, and generate profit. Innovative entrepreneurs create business models to
identify and meet an organization's needs and improve its market competitiveness.
Entrepreneurial leadership is when a leader has the skills of entrepreneurship, such as the ability to:
Take risks, seize opportunities, pursue innovation, be innovative, Produce, Interchange, and Be
strategic
Team skills are important for entrepreneurs, including communication, problem-solving, and
leadership.
High risk appetite entrepreneurship is when a company is willing to take on more risk and
uncertainty in exchange for greater growth or profit
Curiosity is essential for entrepreneurship because it drives innovation, creativity, learning, growth,
problem-solving, and collaboration
Flexibility in entrepreneurship is the ability to be open-minded, agile, and willing to take risks and
explore new ideas and approaches.
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3. training and development of enterpreurship
Entrepreneurship Development is defined as a process of enhancing the skillset and knowledge of

entrepreneurs regarding the development, management and organization of a business venture while
keeping in mind the risks associated with it. This is carried out through training programs and sessions
which are aimed at accentuating entrepreneurial acumen. Pursuing this field as a career, you will be
working towards facilitating skill development amongst budding entrepreneurs and assisting them to
tackle their struggles with building their businesses.
Small business entrepreneurship
A majority of businesses are small businesses. People interested in small business entrepreneurship
are most likely to make a profit that supports their family and a modest lifestyle.
Large company entrepreneurship
Large company entrepreneurship is when a company has a finite amount of life cycles. This type of
entrepreneurship is for an advanced professional who knows how to sustain innovation
Scalable startup entrepreneurship
This kind of entrepreneurship is when entrepreneurs believe that their company can change the
world. They often receive funding from venture capitalists and hire specialized employees.
Social entrepreneurship
An entrepreneur who wants to solve social problems with their products and services is in this
category of entrepreneurship. Their main goal is to make the world a better place.
Buyer entrepreneurship
A buyer is a type of entrepreneur who uses their wealth to fuel their business ventures. Their
specialty is to use their fortunes to buy businesses that they think will be successful.
Training
Training aimed at developing entrepreneurial competence in potential individuals is called

entrepreneurial training. Motivating probable entrepreneurs, assisting. these individuals in endeavor
to do the appropriate activities and enterprises, improving their enterprise development skills, and
facilitating them to make economically and technically feasible project reports are the main activities
of entrepreneurial training programmes.
objective
1. To encourage the spirit of self-employment among entrepreneurs and develop small and
medium enterprises.
2. To encourage new venture establishment and expansion of the existing ones in rural areas
through designing especial programmes.
3. To inculcate the entrepreneurial skills to potential entrepreneurs and help develop the
same in existing entrepreneurs.
4. To enable the entrepreneurs to define or redefine their business objectives and work
individually as well as in group for the realization of the same.
5. To make the entrepreneurs ready for unforeseen threats and risks associated with the
business.
6. To facilitate strategic decision making among entrepreneurs.
Method
1) Lecture Method :
As the name suggests, lecture method involves providing information to the trainees orally. In
case of any doubt arising in the minds of trainees, clarification can be given spontaneously by
the instructors.
2 Written Instructional Method :
When the training contents are to be used in the future by the trainees, this method is used
and it is most popular in case of standardized production system.
3) Individual Instruction :
In this method, only one person is chosen for providing entrepreneurial training. When a
tough skill is to be imparted in the candidate, this type.of training becomes very useful.
4. Entrepreneurship environment??

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Q 1 Culture of entrepreneurship

Key aspects of a culture of entrepreneurship include:

5.Collaboration and Networking: Promoting collaboration among employees and fostering

Q 2 Traits or characteristics of entrepreneurship

Entrepreneurship Development is defined as a process of enhancing the skillset and knowledge of

Small business entrepreneurship

Large company entrepreneurship

Scalable startup entrepreneurship

Training aimed at developing entrepreneurial competence in potential individuals is called

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