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Entrepreneurship and New Venture Management discusses the various theoretical aspects to be considered when starting a new business venture and offers practical examples to demonstrate the real-life application of the theory. The textbook provides comprehensive coverage of all aspects in a small business, including marketing, finance, human resources and operations management.

Entrepreneurship and New Venture Management discusses the various theoretical aspects to be considered when starting a new business venture and offers practical examples to demonstrate the real-life application of the theory. The textbook provides comprehensive coverage of all aspects in a small business, including marketing, finance, human resources and operations management.

Features

  • Learning objectives
  • Opening case study
  • Definitions –
  • definitions for key concepts
  • these will also be included in the glossary
  • South African success story –
  • case study which illustrates the application of theory
  • Examples boxes –
  • useful links and tips, as well as application of the theory
  • Entrepreneurial dilemma –
  • a short, reflective scenario which engages students by posing a problem and asking them to suggest possible solutions
  • Self-assessment and discussion questions
  • Experiential exercises –
  • practical exercises which prepare students for a task they would do in practice
  • Closing case study with questions
  • Updated material on information and technology and its impact on all of the different aspects of a business
  • Discussions on ethical business practices such as anti-corruption, compliance, bribery and whistle-blowing
  • Added information on social entrepreneurship
  • Additional review questions, discussion questions and experiential exercises
  • Additional success stories from the South African context
  • An enhanced focus on the legal requirements related to owning and managing a business.
  • Additional success stories from the South African context
  • An enhanced focus on the legal requirements related to owning and managing a business.

Part 1 Introduction
1Entrepreneurship defined
2The entrepreneurial mind-set
Part 2 The entrepreneurial process
3Creativity and generating new business ideas
4Opportunity recognition and evaluation
Part 3 New venture creation
5Entrepreneurial strategy
6Business start-up
7Franchising
8Business ethics and social responsibility
9Entrepreneurial management
10Marketing
11Operations
12Managing human resources
13Basic financial concepts
14Financial planning and budgeting
15The business plan
16Legal aspects
Part 4 Managing the venture
17Business cycles and the entrepreneur
18Managing growth and harvesting
19Decline and turnaround
20Corporate entrepreneurship
21Contemporary issues
  • Entrepreneurship and New Venture Management 6e



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