Entrepreneurs are known to be the innovators, they are creative and with their entrepreneurial mindset, innovate products which create value to the end consumers.
The core value proposition of entrepreneurship is to analyse a given market and try to fill up the gaps by introducing products which help consumers to solve their day to day problems.
Entrepreneurship is a full time job which requires dedication, consistency, hard work, self motivation, willingness to go to great lengths in order to achieve the set benchmarks.
Entrepreneurs are known to be the innovators, they are creative and with their entrepreneurial mindset, innovate products which create value to the end consumers.
Entrepreneurship Development is a systematic program designed to help a person in strengthening his or her entrepreneurial motive and in acquiring skills and capabilities necessary for playing his or her entrepreneurial role efficiently with a top level approach.
It is defined as ‘a programme designed to help a person in strengthening his/ her entrepreneurial motive and in acquiring skills and capabilities necessary for executing the entrepreneurial role efficiently.’
Leaders are the ones who show and create the path for the members, they are the ones who create the strong work ethic with the set of goals to achieve and delegative the work and responsibilities accordingly.
Leadership is a skill which helps people channelise the actions through someone towards the right direction. Effective leadership and motivational strategies can provide individuals with the range of insights that are applied in various personal and professional settings.
The financial manager is a person who is a professional/expert in the field of finance and looks after the fiscal affairs and financial health of the business organisation.
He/she is responsible for the various financial transactions, decisions, deployment of cash, return on investment (ROI), cash inflows and outflows.
Employee retention refers to the retention of effective and efficient employees within the organisation. It is the organisational goal of keeping productive and talented workers and reducing turnover by fostering a positive work environment to promote healthy relations showing gratitude towards the employees, providing competitive pace and various benefits while encouraging a healthy work life balance.
Human Resource Management which is also known as HRM is a strategic, systematic and the most important function within an organisation which primarily focuses on the effective, efficient and strategic management of people to attain various business goals.
Goodwill plays an important role in strengthening the fundamentals and overall image of the business organisation, it is an intangible asset but not a fictitious asset which means that it has some realisable value.
By understanding various financial terms and the mechanism in which it functions, one can reach great heights. Finance is a vast subject with several branches.
Marketing mix is placing the right product, at the right time, at the right place, at the right price. It is considered to be one of the most important elements and tools in order to succeed in the field of marketing and to create a strong impactful position of the business entity.