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Nairaland Forum / Entertainment / Fashion / Types Of Entrepreneur ( Large Companies Entrepreneurs) (163 Views)
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Types Of Entrepreneur ( Large Companies Entrepreneurs) by Yemicious(f): 9:35am On Oct 02, 2021 |
*Large company entrepreneurs* This are entrepreneurs that have solid set of life cycle. They also address the need and existing opportunities of existing business through innovation. . Large company entrepreneurs strive to branch into new customer markets thereby broadening the reach of an established business *Characteristic of large companies* Planning Empathy A sense of fairness.l Transferable values Willingness to work hard Knowing what they don't know Listening carefully Vision for what they can build. *Disadvantage of large companies entrepreneur* Too Large Production Not According to Individual Tastes No Personal Contacts Not Flexible Monopoly Over-Product Unequal Distribution of wealth *Advantage of large companies entrepreneurs* *They also enjoy more repeat business, which generates higher sales and larger profits than smaller scale companies. * They are more grounded and have monopoly of the market * They have access to loans Thank you for reading my post. I remain yours truly CEO @ fabrics by Yemia |
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