PROJECT PLAN AND REPORT

PROJECT PLAN AND REPORT



PROJECT PLAN AND REPORT

Introduciton

 Entrepreneurship is the process of creating something new with value by dedicating the necessary time and effort, assuming the accompanying financial, psychic, and social risks, and obtaining the resulting rewards of monetary and personal satisfaction and independence" (Hisrich & Peters, 2000: 9). In South Africa, the small, micro and medium-sized (SMMEs) enterprises play a significant function in the country's finances to supply jobs, stimulate development, and ensure equality (Plessis, 1996:163). In terms of entrepreneurship, although, does not only focus on the SMMEs, but also deals with all sizes of companies, even in government organizations.

Project Plan

The concept of Social Entrepreneurship has become increasingly well liked as social problems in our convoluted up to date society have grown. In a way, it is a answer to the 'bottom line' philosophy of up to date large-scale business with its emphasis on short-term earnings to the detriment of any long-run advantage to society as a entire or the human constituent of the business itself. Social Entrepreneurship seeks to harness the functional dynamism of the successful businessman to enrich and assist society, especially in countries where the one-by-one is beset with problems of dire scarcity and need of opportunity.

What business Entrepreneurs are to the finances, social entrepreneurs are to society. They may, like business entrepreneurs, be interested in earnings, but their emphasis is on social change. They are often propelled, creative individuals who exploit new opportunities, question acknowledged norms, and refuse to stop until they have remade the world for the better. Social entrepreneurs have the same centre temperament as their business entrepreneur peers but use their talents to solve international social problems, such as why young children are not discovering, and why accessible expertise is not broadly used.

Business Entrepreneurship is a area of perform that deals with submission of entrepreneurial power mainly for developing riches for a financial business assembly and its shareholders by producing/supplying products and /or services to satisfy the demands of the customers. The practitioners in this area assume a kind of leadership role.

Social Entrepreneurship (used as short hand for social and ecological entrepreneurship) is a area of perform that deals with submission of entrepreneurial power mainly for: (a) addressing social and ecological issues at community and/or higher levels and (b) causing social and ecological change through non-violent, noncoercive methods and developing significant impacts in the goal areas and beyond. (I have intentionally cited 'non-violent' and 'non-coercive' here because in some cases, social change is tried through submission of brutal and coercive methods). Social Entrepreneurship is also a special kind of leadership.

The social entrepreneurial strategies and undertaking plans usually encompass elements of positive, life construction, and socially and ecologically enriching values, attitudes and behaviors for the goal community (customers).  Entrepreneurial Energy refers to capability of certain individuals (or teams) for: (a) spotting high-potential opportunities for intervention, (b) developing innovative products, services and approaches for solving problems through creative use of resources and conceiving worth for the ...