NUTR 430 Chapter Notes - Chapter 3: Grameen Bank, Niche Market, Danone
Document Summary
Something must be done about them. ~ alfred north whitehead. After coming to a consensus on an idea, what matters is how you do it. Once a decision to proceed is made, take charge and keep the momentum going. New ventures recently (i. e. within the past year) formed commercial organization that sells g/s. Entrepreneurship process of identifying an opp. and accessing resources to capitalize on it owner-managed, not dominant in market, < 100 employees. Makes up of 98% of businesses in canada. New ventures lead in new g/s; can impact political, economic and social envir. Gov"t may feel the need to support small businesses (i. e. tax cuts, incentives, etc. ) Entrepreneurial may start out small but does not intend to stay small. Identify opp. and accessing resources to pursue idea. Often paradigm shifts change in business models or practices. Influenced by life events (related to work or personal matters), hobbies, chance happening.
