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Importance of Entrepreneurship
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Pharmaceutical Project Manager
Analyzes investments,
Review market data, and
Comes up with new promotions for new drugs and devices
Development of managerial capabilities
Entrepreneurship helps in identifying and developing managerial capabilities of entrepreneurs.
An entrepreneur after studying a problem, identifies its alternatives, compares the alternatives in terms of cost and benefits implications to choose the best alternative.
3
Pharmaceutical Project Manager
Analyzes investments,
Review market data, and
Comes up with new promotions for new drugs and devices
Creation of organizationsEntrepreneurship results into creation of productive organizations as entrepreneurs assemble and coordinate physical, human and financial resources and direct them towards achievement of objectives through managerial skills.
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Pharmaceutical Project Manager
Analyzes investments,
Review market data, and
Comes up with new promotions for new drugs and devices
Means of economic development
Entrepreneurship involves factors which are so essential for the economic development of a country like:
• Creation and use of innovative ideas, • Maximization of output from given resources, • Development of managerial skills, etc.
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Pharmaceutical Project Manager
Analyzes investments,
Review market data, and
Comes up with new promotions for new drugs and devices
Improving standards of living Entrepreneurship helps in making a wide variety of goods and services
available to the society which results into higher standards of living for the people.
Efforts of entrepreneur raise living standards of people with pointers like possession of luxury cars, computers, mobile phones, rapid growth of shopping malls, etc.
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Thank You!