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Idea generation is the fundamental aspect of creativity and problem-solving. It depends upon the individual’s perception, experiences, attitudes, and ability to do. It varies from individual to individual. It could be possible with the collection of various information and opinions. There are different sources of idea generation, which helps to create new and unique ideas. … Read more

What is idea generation? Idea generation is the process of creating new or unique concepts in the business environment. It gives the direction to follow the defined objectives of the organization. It is a prominent function of the businessmen. They collect the information from the internal and external resources about the business, then set the … Read more

Components of entrepreneurial competencies consider the different array of traits and abilities. It is the inner and outer landscape of the business person. Such competencies stimulate the business person for superior performance at the right time at the right place. It supports commencing the businesses and managing them in a long-term way to compete in … Read more

Different types of entrepreneurial competency provide different abilities. It consists of various aspects of knowledge, skills, and abilities for the success of business. These capacities are essential for navigating issues and taking the best opportunities for the development of business. Business people choose the selective opportunities as the business nature. It helps to minimize cost … Read more

Entrepreneurial competency is the skills or traits of the entrepreneurs to compete in the business environment. These competencies support to upgrade of the range of businesses. For success in business ventures, entrepreneurs optimize such attributes. The importance of entrepreneurial competency can be described as follows. Importance of Entrepreneurial Competency It can be expressed in this … Read more

What is entrepreneurial competency? Entrepreneurial competency considers knowledge, skills, behaviors, and motives. By using these essential components entrepreneurs start their businesses, manage them, and exploit them for the value of the businesses. It is the ability to make venture ideas into reality. Using entrepreneurial competency in a dynamic world, a business person challenges the race … Read more

Growth for the social sector and economic sector of the nation various forces are considered. For the development of entrepreneurship and entrepreneurs affected by economic or non-economic factors from start-up to high level. Affecting forces of socioeconomic growth create obstacles for business people and expand the business ratio. 7 Affecting Forces of Socio-economic Growth Some … Read more

Socio-economic growth represents the improvement of social welfare and economic development of the people. For the progress of human living standards and societal dignity. Growth of the socio-economic can be measured by various indicators such as education, infrastructure development, quality of life, behaviors of people, etc. It addresses social equality, environmental sustainability, and innovation. Driving … Read more

What is the socio-economic growth? Socio-economic growth is the multidimensional process of social and economic development aspects within a society. It is measured with such as factors income levels, life expectancy, education, healthcare, level of employment, social equality, infrastructure development, and environmental sustainability. It is also considered a non-tangible factor such as self-respect, personal safety, … Read more

There are various forms of women entrepreneurs, who bring unique techniques, methods, perceptions, and role models to the business sector. Every business person has the uniqueness to perform business activities. It helps to introduce new products in the market and attract customers. Here, can be described different types of women entrepreneurs. Types of Women Entrepreneurs … Read more