Entrepreneurs vs Businessman PDF

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Summary

Entrepreneurs vs Businessman...

Description

Entrepreneurs vs. BusinessMEN  An individual who creates a new business, the entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. Businessmen 

Someone who sets up a business with an existing idea offering products and services to the customers.

What differentiate them? o

A businessman walks on the defined path, but an entrepreneur believes in making his own path, which becomes a guideline for other businessmen.

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An entrepreneur is always a market leader whereas a businessman is a market player.

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The nature of a businessman is calculative, but an entrepreneur is intuitive.

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A businessman is oriented towards profit, however, an entrepreneur is a people focused in essence, he gives more importance to its employees, customers, and the public.

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The businessman faces extreme competition which is not in the case of an entrepreneur.

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Entrepreneurs are risk takers, while businessmen tend to be more on play-safe side.

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Entrepreneurs are change adaptive while that is not the same case with businessmen

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Entrepreneurs are known for their creative approach. They introduce innovation and coordinate the resources. They offer such products and services which bring about a change in the world.

CONCLUSION o

A businessman is a businessman, but an entrepreneur is an entrepreneur, an organizer, a risk taker, a manager at the same time. The former focuses on competition, but the latter gives emphasis on coordination and cooperation of all the resources....