Preview

How Creativity, Innovation, and Entrepreneurship Are Related?

Powerful Essays
Open Document
Open Document
5469 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How Creativity, Innovation, and Entrepreneurship Are Related?
JIMMAA UNIVERSITY
Institute of technology
Entrepreneurship and Small Business Management

Business plan on Mobile Accessory Selling

Group Members ID No
1 Rebuma Yadasa 00667/02
2 Shiferaw Tegen 00713/02
3 Peteros Tona 00662/02
4 Siraj Ahmed 00724/02
5 Sadik Awol 00675/02

Acknowledgements
First of all we would like to thank God who helps us in all cases. Next to God we would like to thank our instructor Mr.Chalchissa Amentie for his assistance by giving a sample to do this project and as well for his haring his knowledge on Entrepreneurship. These not only for this projects it also help us in our life. Also we would like to thank our department (Computer Science) that offers us to teach this subject that has fruitful ideas for future life to create our own business and also to create opportunity for other person.

Table of Contents Executive Summary v Brief profile of the entrepreneur v Project’s contribution to the economy vi Chapter One 1 1. Sales and Marketing 1 1.1 The Products 1 1.2 Competitors 1 1.3 Location 3 1.4 Market area 3 1.5 Market Segmentation 3 1.6 Total demand 4 1.7 Market share 5 1.8 Selling price 5 1.9 Sales Forecast 6 1.10 Promotion measures 8 1.11 Marketing Strategy 8 1.12 Marketing budget 10 Chapter two 11 2. Production 11 2. 1 Production Process 11 2.2 Fixed Capital 11 2.3 Life of fixed capitals 12 2.4 Maintenance and repairs 12 2.5 Source of Equipment 12 2.6 Planed capacity 13 2.7 Future capacity 13 2.8 Terms and conditions of purchase of Equipment 13 2.9 Factory location and layout 13 2.10 Labor 13 2.11 Cost of labor 13 2.12 Labor availability 14 2.13 Labor productivity 14 2.14 Factory overhead Expenses 14 2.15 Production cost 15

You May Also Find These Documents Helpful

  • Powerful Essays

    | |complacent which has caused them to barely hold |Change. Upper Saddle|Encouraged to come up with new |…

    • 1172 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    |organizational culture in line with |in their thought process and procedures. Thus | |there was a strong and |…

    • 1005 Words
    • 5 Pages
    Good Essays
  • Good Essays

    CREATIVITY & INNOVATION

    • 752 Words
    • 4 Pages

    Definition of innovation found in the literature vary, some are general and broad, while others focus on specific innovations like the implementation of an idea for a new product or service. In an organizational environment, examples of innovation are the implementation of ideas for restructuring, or saving of costs, improved communication, new technology for production processes,…

    • 752 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Growing affluence of the middle class in China, coupled with rapid urbanisation, has led to a rise in attractive business opportunities. Recognizing this, Pet Lovers Center (PLC) aims to be the first Singapore Pet Retail chain to gain a foothold in China’s booming market, as part of vision to be Asia Pacific's Leader in pet care services1.…

    • 3385 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Creativity and Innovation

    • 344 Words
    • 2 Pages

    This new idea developed to create a new product. The name of this product is Nike Smart Shoes. This product will be proposed to Nike Company that is the largest seller of athletic footwear and athletic apparel in the world.…

    • 344 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Creativity and Innovation

    • 425 Words
    • 2 Pages

    Businesses are facing changes like never before .Today, companies must be attentive to the needs of consumers as market their goods or services. The diversity of products offered by the company must satisfy all consumer needs and exceed customer expectations in terms of quality, since it represents a business opportunity for the company. Creativity and innovation are often the key to the success of a business, particularly when strategizing during strategic planning, and when designing new products and services. Creative thinking and innovation are particularly useful during Strategic Planning and in Product and Service Management.…

    • 425 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    creativity and innovation

    • 4392 Words
    • 19 Pages

    References: Initial visit to Springfield Academy to meet key personalities and obtain permission for the Audit to be carried out (24 November 2013)…

    • 4392 Words
    • 19 Pages
    Satisfactory Essays
  • Good Essays

    innovation and creativity

    • 1477 Words
    • 6 Pages

    Explain creativity and innovation and in your point of view, why both creativity and innovation are vital in the business context. Support your answer with relevant examples.…

    • 1477 Words
    • 6 Pages
    Good Essays
  • Better Essays

    I owe a great many thanks to a great many people who helped and supported me during the preparation of this project. My deepest thanks to Lecturer, Ms Rashmi Rai, the Guide of the project for guiding and correcting various documents of mine with attention and care. She has taken pain to go through the project and make necessary correction as and when needed. I express my thanks to the director of Amity School of Business for extending her support. My deep sense of gratitude to Mr Vikash Khanna (Director) and Mr Yashpal, H R Manager, Romsons group of industries, for their support and guidance. Thanks and appreciation to the helpful people at Romsons, for their support. I would also thank my Institution and my faculty members without whom this project would have been a distant reality. I also extend my heartfelt thanks to my family and well wishers.…

    • 3467 Words
    • 14 Pages
    Better Essays
  • Powerful Essays

    We are also very thankful to our parents for their enthusiastic support and encouragement during the preparation of this assignment. We would also like to give our heartiest thanks to the people and entrepreneurs who helped us by providing information about opening a new venture.…

    • 2773 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Creativity and Innovation

    • 700 Words
    • 3 Pages

    Read, rest and relax in perfect comfort with our plush Massaging Bed Rest. nap Massaging Bed Rest. Treat yourself to luxurious support - and a soothing massage - in bed, anytime.…

    • 700 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Creativity and Innovation

    • 2621 Words
    • 11 Pages

    The nature of today’s business is highly competitive. So the success of every organization highly depends on the novel creative and innovative ideas. Creativity simply means thinking up new things. Innovation means applying those thoughts in to work. It is the conversion of new ideas into products and services. In a rapidly changing global world, managers must use all their abilities to forecast the future opportunities and threats. All these are for achieving and maintaining strategic advantage over the competitor.…

    • 2621 Words
    • 11 Pages
    Good Essays
  • Good Essays

    ACKNOWLEDGEMENT

    • 1350 Words
    • 6 Pages

    At the very outset, I express my heart felt gratitude and ineptness to Mrs. Satinder Kaur, Principal, Govt. Vikram College of Commerce l, Patiala for granting me permission to work on project .…

    • 1350 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Creativity and Innovation

    • 4153 Words
    • 17 Pages

    Creativity is the ability to generate innovative ideas and manifest them from thought into reality. The process involves original thinking and then producing.…

    • 4153 Words
    • 17 Pages
    Powerful Essays
  • Satisfactory Essays

    Adapted in part from Higgins, James M. 1997. Escape From The Maze. New York: New…

    • 500 Words
    • 6 Pages
    Satisfactory Essays

Related Topics