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Relevance of entrepreneurship theories in contemporary Education
Theory on entrepreneurship education
Related literature swot analysis in business organization
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BIBLIOGRAPHY
1. The Center for International Private Enterprise. Creating the Environment for Entrepreneurial Success: Key Models of Effective Entrepreneurship Education, 2014. Diakses 14 April 2015 dari http://www.cipe.org/creating-environment-entrepreneurial-success
2. Bambang Pratama, SH.,MH and M. Qudrat Nugraha, Ph.D lecturers Binus University at School Business and Economic. Strength and Potential Binus University Students by Using SWOT Analysi.
3. Chris Parsley, Manager Manique Weerasinghe, Economist. The Teaching and Practice of Entrepreneurship within Canadian Higher Education Institutions, December 2010. SME Research and Statistics: Small Business and Tourism Branch Industry Canada. Diakses 13 April 2015 dari https://www.ic.gc.ca/eic/site/061.nsf/vwapj/entrepreneurship-entreprenariat_dec2010_eng.pdf/$file/entrepreneurship-entreprenariat_dec2010_eng.pdf
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WIKIPEDIA. SWOT Analysis. Accessed 13 April 2014 from http://en.wikipedia.org/wiki/SWOT_analysis
5. Saras D. Sarasvathy, Associate Professor, The Darden Graduate School of Business Administration, University of Virginia. Society For Effectual Action: What makes entrepreneurs entrepreneurial? Accessed 13 April 2015 from http://www.effectuation.org/sites/default/files/documents/what-makes-entrepreneurs-entrepreneurial-sarasvathy.pdf
6. Summit Consulting. SBA, US Small Business Administration. Toward Effective Education of Innovative Entrepreneurs in Small Business: Initial Results from a Survey of College Students and Graduates, September 2009. Accessed 13 April 2014 from https://www.sba.gov/sites/default/files/advocacy/rs353tot.pdf
7. Arjanggi, R. & Suprihatin, T. (2010). Peer Tutoring Learning Methods Improve Learning Outcomes Based on Selft-Regulation. Mekara, Sosial Humaniora, 14(2), 91–97. Accessed from http://journal.ui.ac.id/index.php/humanities/article/viewFile/666/635
8. Pratama, B. & Nugraha, Q. (2010). Preliminary Studies SWOT Analysis of Interest Students after Graduation Class (Student Case Study Subjects Makers Entrepreneurship at Binus University in Class IT, Literature and Mixed) Accessed from
Throughout my college career, I have been involved in a wide variety of organizations and internships that not only refined my business skills, but also provided me the realistic experience in the business realm. I have experienced a wide-range of activities and work that span from selling automobile parts to providing services to patients recovering from substance abuse and mental illness. Throughout this journey, I was given an opportunity to not only develop my business marketing skills, but allowed a glimpse of the industry (and the systematic process of that particular field) as well. One particular occupation that sticks out is the sales position at RadioShack. During my freshman year in college, I began working at RadioShack to obtain a relatively stable cash-flow (enough to keep me going for a whole year). During my stay at RadioShack, I quickly learned the proper methods of interacting with customers, selling products and keeping updated on new electronic technologies. Futhermore- working at RadioShack allowed me to gain a deeper insight in the electronic retail industry and the business process in which RadioShack conducts. By applying the SWOT Analysis, I can gain an overall view of different attributes that RadioShack excels in as well as the attributes that delay the company in achieving their objectives. The SWOT analysis will also display Radioshack's ability to compete with competitors as well as the ability to survive in the electronic retail industry.
The characteristics discussed in the article is important to possess in order to be entrepreneurial.
The SWOT analysis (abbreviation for Strengths, Weaknesses, Opportunities and Threats) is an essential tool in marketing for understanding and supporting decision-making in all kinds of situations in business and organisations. In brief, it provides an accurate context for studying strategies, positions and directions of a company proposition. It is used mainly for business planning, competitor evaluation, marketing, business and product development and research reports. SWOT analysis is also a widely recognised method for gathering, structuring, presenting and reviewing extensive planning data within a larger business or project planning process. (Chapman, 2014)
What is a SWOT analysis? This concept involves assisting businesses to identify their strengths, weaknesses, opportunities and threats. It is often used to analyze an organization and its environment. Businesses find the analysis useful in assisting them to improve their business, establish goals and objectives.
“This process captures information about your internal strengths and weaknesses as well as external opportunities and threats. The key to completing your (personal) SWOT analysis is to treat your career as a business and yourself as a competitive product.” (Quast, 2013).
A SWOT analysis is simple exercise that could be implemented on multiple subjects including an individual or a whole corporation. The SWOT analysis is an operational tool for managing change, defining strategic direction and setting realistic goals and objectives according to Simoneaux and Stroud (2011). Discovering new opportunities and manage and eliminate threats that are present in the company and the surrounding market. SWOT is a valuable technique that leads to a better understanding of the strengths, weaknesses, opportunities and treats both internally and externally. The strengths and weakness are to be considered internal factors and opportunities and threats to be e...
SWOT analysis is a necessary tool for business that allows corporations to analyze where their strengths, weaknesses, opportunities and threats lie. The SWOT tool contains paramount information about the industry and helps the executives of the business make decisions that are necessary for the business’s survival and success.
A SWOT analysis is an examination of an organization’s internal strengths and weaknesses, its opportunities for growth and improvement, and the threats the external environment presents to its survival (Harrison, 2010). Generally, the information gathered for the analysis is organized into matrix form, howe...
A SWOT analysis analyzes the current state of the company and shows the companies strengths, weaknesses, opportunities, and threats.
A SWOT analysis is a measure tool to summarize a company’s internal and external aspects. By measuring the company’s strengths, weaknesses, opportunities and threats and looking for improving solutions by using the strengths and opportunities to improve on the weaknesses and take the necessary actions concerning any threats a company can survive in today’s world market.
Entrepreneurship incorporates unconstrained imagination and a readiness to settle on choices without strong information. The entrepreneur may be driven by a need to make something new or assemble something unmistakable. As new ventures have low achievement rates, the business person should have impressive tirelessness. Because of this, the entrepreneur may have the best risk of achievement by concentrating on a business sector corner either too little or too new to have been commanded by built up organizations.
As industry liaison at the School of EEE at NTU, I facilitate industry partnerships and promote entrepreneurship within the school. In the coming months, we will be launching an entrepreneurship ...
The success of a business is greatly dependent on its entrepreneur. An entrepreneur is someone who takes the financial risk of starting and managing a new business venture. In order to be a successful entrepreneur, one must be ready to take a risk and invest one’s own savings into a business. The job requires that the individual be ambitious and committed to working hard in order to achieve the set targets. A successful entrepreneur is able to multi-task and communicates effectively with people, possessing leadership qualities such as confidence and motivation. The individual must play the role of constant motivator and inspire employees to improve their work performance, whilst ensuring a comfortable environment for the employees to work in. According to Schumpeter (1982), an entrepreneur is more of a ‘heroic’ than an ‘economic’ figure; his motivation should not solely be monetary, rather stemming more from inspiration and ambition.
Nowadays, entrepreneurship becomes most popular career, where our government encourages our graduated student to involve in business so that unemployment will not happen in our country. Policymakers, academics, and researcher agree that entrepreneurship is a vital route to economic advancement for both developed and developing economics (Zelealem et al., 2004). Entrepreneurship has many types for example small business and others. Today small business, particularly the new ones, is the main vehicle for entrepreneurship, contributing not just to employment, social and political stability, but also to innovation and competitive power (Thurik & Wennekers, 2004).
Entrepreneurship is an important aspect of social, economic and community life. It can be viewed as a critical factor to economic growth as well as a way of addressing unemployment (Nolan, 2003).Entrepreneurs are people who are persistently focused on identifying opportunities, they seek to create something worthwhile while taking into account foreseeable risk and rewards associated with the efforts (Nolan, 2003). Furthermore, entrepreneurs are frequently understood to be individuals who discover market needs and establish new business to meet those identified opportunities. The following assignment will firstly discuss the types of entrepreneurship, secondly it will discuss the reasons people become entrepreneurs, and thirdly it will discuss the importance of entrepreneurship.