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Types of entrepreneurs according to their business

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Types of entrepreneurs based on other criteria Types of entrepreneurs on the Basis of Motivation https://youtu.be/Ov7EQFrP8NI Types of Entrepreneurs https://youtu.be/W59VvNM5K7s Categorize and explain the types of entrepreneurs according to their business. According to the type, nature and size the business, entrepreneurs can be categorized into five types as follows. - Business Entrepreneur : The business entrepreneur are the most common types of entrepreneurs. They innovate a new product or service. They start the enterprise to exploit their idea economically. Mostly found in the small trading and manufacturing enterprises. - Trading entrepreneurs : They perform the trade either in-house or overseas or both. They closely watch the market for the demand for any product or service and exploit it economically. They’re the fore-runners to implement the ideas and stand ahead of others. - Industrial Entrepreneurs : An industrial entrepreneur is one who establishes an enterprise that manufacture products or provide services which are highly in demand. They exploit the economic resources intoto economically viable ventures. The enterprise, Maruti Suzuki India Ltd, which is in the business of car manufacturing and offering car related services is an example of such enterprises. - Corporate entrepreneurs : These are the entrepreneurs who control or manage or organize an enterprise in the most productive and economic way through their innovative ideas. The promoters of the corporations, those performing the business or trade or established an industry fall into this category. - Agricultural entrepreneurs : They are in the business of agriculture and related products or services. They use innovative techniques, machinery, equipment, irrigation methods to grow and market the crops. In addition to this, depending on their orientation towards the technology, entrepreneurs are further classified as - Technical entrepreneurs : These entrepreneurs use their - Knowledge - Specialization - Skill to develop new or improved products or services. They are technology oriented. Usually they pay more attention production rather than marketing. - Non-Technical entrepreneurs: They focus on innovative marketing and distribution strategies to expand their business. They usually do not pay much attention to the technical details of the product or service. Additional content on this topic can be found at http://www.eduxir.com/curriculum/cbse/class-xi/entrepreneurship/an-entrepreneur/
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Text Comments (3)
Maitrayan Ghosh Roy (4 months ago)
*Awesome video sir,1 request pls make a details video on Trading Entreprenuer 🙏🙏🙏🙏*
Maitrayan Ghosh Roy (4 months ago)
Thank u sir,but pls make this video with full and long explaination
Eduxir (4 months ago)
Thank you for sharing your feedback @Maitrayan Ghosh Roy. We're glad to know that you liked it. Happy Learning. We'll consider your request for Trading Entrepreneurs in the upcoming videos.

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