SKR Startup
Concept, Functions, and Importance of Entrepreneurship
Entrepreneurship
Entrepreneurship is the ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit. The most prominent example of entrepreneurship is the starting of new businesses.
Functions
The functions of an entrepreneur include decision-making, hiring and employee management, business risk management and business operations management. Entrepreneurs also handle idea generation, business financing, business plan development, company culture building and public relations.
Importance
Entrepreneurship usually plays a key part in contributing to the country's national economy by generating wealth and paying taxes, which generally adds to a country's gross domestic product (GDP). Entrepreneurs not only invest their own money, but they also draw money from the market.
REAL LIFE EXAMPLE
Indian Accent (restaurant)
Indian Accent is a restaurant located at The Lodhi hotel in New Delhi, India. It was established in 2009 by Rohit Khattar. It has outputs in New York City and London.
Indian Accent ran at The Manor hotel for eight years, before moving to The Lodhi.
The restaurant is known for its Indian fusion cuisines supervised by chef Manish Mehrotra, who also heads the restaurant's kitchen and describes his style as "inventive Indian cuisine. He was recently on Master Chef India 2015 as a guest chef among other television appearances. Mehrotra is also the head chef at Old World Hospitality's restaurant Oriental Octopus in New Delhi and Lavasa.
Comments
Post a Comment