Thursday, October 31, 2019

Individual assignment Essay Example | Topics and Well Written Essays - 1750 words

Individual assignment - Essay Example On such accords, the respective adoption of entrepreneurial behaviour may be associated to the increased desire of improving the economy via paths that are regarded fair for all. Entrepreneurial behaviour involves the development of novel solutions in the market with hope of capitalizing on the untapped consumer habits. Successful entrepreneurs are regarded to be able to deduce ideas that match the interests of their market in a rewarding and prolonged manner. The basis of an entrepreneurial behaviour remains on its ability to shape the considered consumerism towards the considered aspect of development and growth. Enticing growth of the economy is thus perceived to be an entity that comprises of differing elements of wealth generation. Arguably, entrepreneurship is listed among such trends and behaviours. The promotion of the various characteristics of entrepreneurship is perceived as an ideal path towards the address of the respective concerns of unemployment on any economy. Various authors have embarked onto various missions of presenting the respective role of entrepreneurship in any economy. Their publications have considered the plight of both developing and transitioning economies as the ideal candidates upon which their respective concern of entrepreneurship may be adopted. Additional concerns including the prospective role of such ventures in the shaping of these economies remains central in the description of their work. The perception of entrepreneurship being regarded as a tool of expression in respect to the development of an economy is regarded as the commencement point of the enterprise growth (Quereshil et.al, 200). The enterprise is described as the sole tool that promises immediate returns and ease in governance in the various states and nations. Such implication allows its elevation into a status that promotes economy improvement along the considered desires of growth and revenue generation (Glancey & McQuaid, 2000).

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