Entrepreneur example sentences

In the economy under consideration all goods and services are produced by the entrepreneur for sale and the enterprise intends to make a profit through the act of selling.Successful results in business depend largely upon the ability of the entrepreneurs or the starters of a new business to anticipate problems and solve them with minimum cost.It wants to build an army of warrior-entrepreneurs people who have the courage and skills to topple old ideas, and who believe in change passionately enough to make it happen.A typical capitalist enterprise has one or several entrepreneurs (people who exercise control over major decisions and bear a large part of the risk associated with the firm/enterprise).The decision will be influenced by the customer requirements in the market and also the kind of technical knowledge and interest the entrepreneur has for producing a particular product.An entrepreneur undertakes risks under the expectation of higher profit.In a firm the entrepreneur (or entrepreneurs) is at the helm of affairs.The income that the employed earn and the profit that the entrepreneur earns become the basis for purchase of consumption goods that are being produced for sale.The value added of a firm is distributed among its four factors of production, namely, labour, capital, entrepreneurship and land.After the decisions relating to the above mentioned factors have been taken, the entrepreneur can go ahead with actual launching of the enterprise which would mean mobilising various resources, fulfilling necessary legal formalities, starting the production process and initiating the sales promotion campaign.Shiv Nadar, Chairman and CEO, attributes the success of the group to its management team and their entrepreneurial spirit, which together have enabled it to handle rapid changes in environments and technologies, and to transform threats into opportunities.The first thing to be decided by any entrepreneur of a new business is the nature and type of business to be undertaken.The production of final goods employs factors such as labour, capital, land and entrepreneurship.The rest of the revenue is the earning of the entrepreneurs and it is called profit.The need for funds arises from the stage when an entrepreneur makes a decision to start a business.