Business Opportunities - 14520 Words

I did not write this essay: The Sources of Entrepreneurial Opportunities: Individuals the Environment Doctoral Research Paper 2 of 5 Nikolina Fuduric Doctoral Supervisor: Professor Anne Lorentzen February 2008 Department of Planning and Development Aalborg University Aalborg, Denmark 1.0 INTRODUCTION No extensive empirical study on the sources of entrepreneurial opportunities included the individual, the environment and the individual’s start-up activities in a post-socialist periphery. However, such layered approaches have been encouraged in theoretical studies of entrepreneurship. Bouchikhi (1993) claims that each approach taken†¦show more content†¦The second reason could be because it is generally assumed that Kirznerian entrepreneurship is more mundane and offers less value to society (from a macro-economic but not from a development perspective). As a field, we do not have a clear understanding of the Kirznerian entrepreneur’s opportunity sources, his value to different levels of society and what interventions are needed to encourage this form of entrepreneurship even though it is the most common form practiced. Why encourage a non-innovative, mundane form of entrepreneurship? The answer lies in the fact that a simpler, less resource intensive form of entrepreneurship has the ability to manifest in economically stagnating peripheral regions. Entrepreneurship in these areas of the world is often the only source of economic and social meaning available to the marginalized or the poor. Based on what has been discussed in the previous paragraphs, this paper has four goals. The first is to offer a literature review on the sources of opportunities in the entrepreneurship process. The literature review shows that the theoretical and empirical contributions are quite fragmented and in need of a framework. The second goal is to explore the generally accepted view in the field that entrepreneurs can be described from a Schumpeterian or Kirznerian perspective. I propose that one entrepreneur has the opportunity to be both depending onShow MoreRelatedCase Study : The Business Opportunity1503 Words   |  7 PagesThe business opportunity There are various brands of makeup, it is impossible for consumers to have a fair knowledge over all brands. It is not always guaranteed that famous brand would suit all sorts of consumers definitely. Therefore, consumers often have difficulty in choosing the suitable makeup from a wide variety range of makeup. With the traditional shopping way,for example, salesperson in David Jones usually give suggestions to the customer for which kind of makeup is better. Sometimes, customersRead MoreMarketing Opportunities For Business Growth2296 Words   |  10 Pages2. Based on your answers above, you should rank each of the marketing opportunities that you have identified from most viable to least viable and in terms of the contribution of each opportunity to business growth. You should provide reasons for your rankings. Marketing opportunities Ranking Reasons for rankings Marketing opportunity 1: Joint ventures viable Joint ventures means that each party taking part in forming it would contribute their respective share to the new ventures, be that financialRead MoreFamily Business: Challanges and Opportunities2686 Words   |  11 Pages1. INTRODUCTION A family business is an enterprise owned, managed, and operated by members of one or several families. Many companies, which were established as family businesses, are now publicly held. Numerous family businesses have non-family members as workforce, but, predominantly in smaller companies, the top positions are frequently allocated to family members. 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The EEOC is â€Å"responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee because of the person s race, color, religion, sex (including pregnancy), national origin, age (40 or older)Read MoreBusiness Opportunities : Business Opportunity2237 Words   |  9 PagesBusiness opportunity The opportunity to create any business somehow is very much hard because of the modern world competition which has created nuisance in every market in the world. But there are several other opportunities which needed to be cashed in for any business to be the leader of the market. Today we see many opportunities in many fields and this only talk’s business opportunity (Grayson and Hodges,2001). A business opportunity involves selling of any product or giving product to anyRead MoreBusiness Opportunity For Business Opportunities1954 Words   |  8 PagesBusiness opportunity The opportunity to create any business somehow is very much hard because of the modern world competition which has created nuisance in every market in the world. But there are several other opportunities which needed tube cashed in for any business man to be the leader of the market. Today we see many opportunities in many feels and this only talks business opportunity. A business opportunity involves selling of any product or giving product to any one on lease so that it canRead MoreE-Commerce - A World of Opportunities for the Small Business Owner1666 Words   |  7 PagesE-commerce is one of the grandest trademarks of the 21st century. By allowing anyone with a credit card to purchase any product - at any time - at the click of a mouse, e-commerce has opened a world full of opportunities for the small business owner and the shopaholic. But e-commerce is not without its apparent flaws. It has the advantage of speed, a variety of products, and a great start up for e-commerce businesses, but product quality, bad businesses, and hackers are its main foibles. â€Æ' WhenRead MoreMarketing Opportunities For Business Opportunities Essay1634 Words   |  7 Pagesb) Target customers. Marketing opportunities Target customers Marketing opportunity 1: exporting Exporting is selling your products oversea and the target will be the oversea customers and businesses or retail sellers who are selling clothes and accessory. Exporting will also create the connection with oversea company and that will be benefits for future business activity. Marketing opportunity 2: online business opportunities Online marketing will target the group of people who is normally purchasing