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Role of women entrepreneurship
Role of women entrepreneurship
The role of women entrepreneurs
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Women Entrepreneurs may be defined as the women or a group of women who initiate, organize and operate a business enterprise. (Dr. AmanDeep Singh, 2013) (Adki, 2014)Government of India has defined women entrepreneurs as an enterprise owned and controlled by a women having a minimum financial interest of 51% of the capital and giving at least 51% of employment generated in the enterprise to women.A woman entrepreneur engages in all possible functions in establishing and running of her enterprise. She should explore the prospects of starting new enterprise; undertake risks, introduction of new innovations, coordination administration a, control of business and providing effective leadership in all aspects of business.
Kamal Singh who is a woman
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By and large they had confide themselves to petty business and tiny cottage industries. Women entrepreneurs engaged in business due to push and pull factors. Which encourage women to have an independent occupation and stands on their own legs. A sense towards independent decision-making on their life and career is the motivational factor behind this urge. Saddled with household chores and domestic responsibilities women want to get independence under the influence of these factors the women entrepreneurs choose a profession as a challenge and as an urge to do something new. Such situation is described as pull factors. While in push factors women engaged in business activities due to family compulsion and the responsibility is thrust upon …show more content…
Entrepreneurs usually require financial assistance to launch their ventures from formal bank loan or money from a savings account. The women entrepreneurs are suffering from inadequate financial resources and working capital. The women entrepreneurs are lack to access external funds due to their inability to provide tangible security. Very few women have the tangible property in hand.
4. Women's family members also bar them from becoming successful entrepreneurs. The financial institutions discourage women entrepreneurs on the belief that they can at any time leave their business and become housewives again because they are having primary responsibility like children, home and older dependent family members. The result is that they are forced to rely on their own savings, and loan from relatives and family friends.
5. Indian women give more emphasis to family and relationships. Married women have to make a fine balance between business and home. More over the business success is depends on the support the family members extended to women in the business process and management. The interest of the family members is a determinant factor in the realization of women business
An entrepreneur is someone who recognizes an opening in the market for a product or service and carries it out using initiative. Usually being innovators ; entrepreneurs are risk takers in means of not knowing whether their ideas will in fact succeed (Business Dictionary, 2016). Fashion leaders are considered entrepreneurs because to be strong in the fashion industry one must attempt to stay ahead of competitors and know what is already out there as would an entrepreneur. One of Australia’s most successful fashion designers could also be considered an entrepreneur; Collette Dinnigan is an award winning fashion designer who has exhibited in London and Paris and was the first Australian to launch a ‘ready-to-wear’ collection, as well as being
In “The Real Reason So Few Women are in the Boardroom,” Marty Nemko states the reasons why men are more prosperous in the workplace. He says that men choose work over personal relationships, and women often choose personal over business. Although Nemko uses rhetorical strategies to make good points about why some men are more successful in the workplace than women, he unnecessarily downgrades women about the decisions they make to be more family oriented.
... and women-owned as well as businesses in rural areas, have been among the hardest hit by the recent economic downturn
work place and allow women to be viewed as leaders or entrepreneurs of the business
Women are still trying to prove their worth in this male-dominated world where men still earn more than women in comparable jobs, and more opportunities are presented to male entrepreneurs than to female entrepreneurs. Gender inequality is still rife. Any woman who reads this book has to understand the dynamics of the business world from a female’s perspective before even beginning to pave the path for her own business.
Women have long participated in American business, and their roles have greatly changed. The jobs that women held at first were considered simple and feminine. Many were secretaries, office helpers, or assistants to male executives. Some women were known as the earlier entrepreneurs, the traditionals (Emmott, 521). Traditionals were usually sole proprietors who extended domestic services and related skills into the marketplace. These women entrepreneurs opened the way to new horizons for other women in the workplace for future years.
Since women are naturally maternal and nurturing they obtained the role as the family’s primary caretaker, while the men became the providers for the home. For centuries these gender roles were strictly stuck too. Women stayed at home and did house work as their husbands went out and had a career. Thankfully, society is starting to shed this ideology on gender roles. More women are starting to work proactively in the “mans world”, but they are straining to advance to high executive positions throughout corporate companies. A lot of this is due to a women’s fertility. While the stereotype of women being strictly housewives has diminished, the mentality that women are too maternal is prevalent in business life. Due to this outlook women are perceived to be unable to take on the stressful pressures business prevails, giving reason to why for years women were only secretaries and clerks in business where they received little room for progression in their careers. A great deal of reasoning behind this struggle is due to the Great Man Theory. Author of “Inequality Between Genders in the Executive Suite in Corporate America: Moral and Ethical Issues” Dean Elmuti, describes this theory as society’s perception that men are the superior beings and should be the protectors and providers, while women are weak, helpless and should stay home to raise the family (1). Consequently, this view has led to an increased emergence of men as business managers and the leaders of the country, thus defending the male dominance in the corporate industry, but also preserving the discrimination against women entering the business domain. This theory and mentality that women can’t handle business life is infuriating. However, what is more distressing is due to...
Canadian women business owners are on average less likely to engage in international trade compared to male counterparts.
Satwinder Singh, R. S. (2011). Motivation to become an entrepreneur: a study of Nigerian women's decisions. African Journal of Economic and Management Studies, 19.
The rights of women have been revolutionized over the last century and have influenced their household role, which resulted in having power balanced in marriage and couple’s relationships, a favorable attribute. The stay-at-home mother is no longer the typical situation in modern families since women can now be financially independent. What used to be a conventional motivation to take on marriage has diminished because modern women are not restricted in terms of earning a salary. Women have gained rights and therefore there is “more education among women…leading to better career prospects” (Harris). Consequently, it can be concluded that these careers allow them t...
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).
Women are not only able to handle the critical decision involve in family such as education, health, financial matters etc., they have sufficient business acumen to adopt with and lead any changing business landscape. They represent a significant portion to add value to the economic value creation process of the economy. The role of women in top management is mostly underscored in the context of Bangladesh, however, the country cannot devise a path of sustainable development without considering a large pool of potential women talents as a source of power and prosperity. Women in Bangladesh are victim of discrimination, workplace harassment, high dropout rate and glass ceiling to progress their career ahead. Women leader in banking sector shows her frustration in a situation where banks are mostly reluctant to recruit female staffs considering the cost of maternity leave they oblige to give to a women
In the United States, approximately one in eight adults are self-employed. In their minds exists a one common dream. This is the entrepreneurial dream of self-employment. It is the freedom to start, grow, and cash in a new business. Most of the extravagant millionaires of today build up their wealth in this way. An entrepreneur is someone who has the ability to build and develop his own business. In today's fast paced world of business, many people chose to work for themselves. A career as an entrepreneur is a risky, yet personally rewarding endeavor.
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.
I have thought about running a business by myself, for example, operate a bookstore, but I think it is very hard not only because of market opportunities but also how society constructs the role of women to be less “powerful” than men in many careers. It is not hard to see that head of state, corporate CEOs and board members, school principals, members of legislature at levels of government are all tend to be male. When a woman finds her way into such positions, people tend to be stuck by the expectation to the rule, and wonder how she will measure up against a man in the same position. She needs to work even harder than men to prove that she is able to do this job, and since there are few women in upper level jobs, she has to be tougher, more decisive even more aggressive than men to go for her goals that she desires to reach. It is not easy in the male dominated society. Nowadays, more and more women get same professional degree as men, however, women still earn less than men and the wage gap is larger and larger as year grows. I cannot accept the fact that if I got same professional degree as a man, but arranged to positions that are considered lower level than him, such as clerical level. It is not fair, or saying in other way, it is discrimination that repressed women in their development as human being through occupational development, promotion and