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Tuesday, April 23, 2019

The importance of Entrepreneurship and Enterprise in the UK Essay

The importance of Entrepreneurship and Enterprise in the UK - study ExampleThat is, this paper bequeath analyze how these traits are visible, and how it had aided them to achieve success and reach discharge positions in their country.Entrepreneur is the owner who can create honor for the enterprise. That is, entrepreneur, as a founder cum builder can launch a new Enterprise from scratch by building a team. He/she can build his/her team by associating individuals who came from the same stable like friends, work mates, family members etc and by recruiting new individuals with the right talent, knowledge and attitude. With this living group, and the material things like capital, machines, infrastructure etc the entrepreneur cum leader embark on an organization. So, an entrepreneur is someone, who with inbuilt and also acquired leadership traits set ups a new inaugural to offer a new or existing product or service.The above graph shows that in United Kingdom young people are more l ikely to believe that entrepreneurship represents a substantially career choice and that it brings status. Also, it shows that younger people are less likely to believe that there is abundant media coverage of new businesses.The successful entrepreneur has a range of personal skills, attributes and behaviours that go beyond the rigorously commercial. It is these attributes, this way of thinking and behaving that needs to be developed in our students if their entrepreneurial capabilities are to be enhanced. (Pg.360).The thing, that will be common to all these entrepreneurs, even though they live and function in different corners, is the heavy amount of leadership traits. Speaking about good leadership traits, the trait of having a good visual sensation is one of the foremost ones. Actually, the vision that arises in the mind of the entrepreneur only initiates the process of entrepreneurship. And that mental cinema or vision will

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