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El documento trata sobre las ciencias sociales durante el año académico 2013-2014. Contiene información sobre las materias que componen las ciencias sociales como la sociología, la antropología y la psicología. El documento proporciona detalles sobre los cursos ofrecidos y los temas cubiertos en las ciencias sociales durante ese año escolar.
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2. Businesses must also consider their social responsibilities and fulfill the expectations of society to sustain themselves in the long run.
3. Additional objectives include establishing a strong market standing through innovation, improving productivity, acquiring necessary physical and financial resources, developing manager and worker performance, and fulfilling social responsibilities.
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The document discusses the concepts of entrepreneurship, entrepreneur, and enterprise. It defines an entrepreneur as an individual who undertakes the risk of starting a new business venture. The word "entrepreneur" originated from the French word "entreprendre," meaning to undertake. An entrepreneur is responsible for setting up businesses, demonstrating innovation and initiative, creating jobs and wealth, and driving economic growth. The key aspects of an entrepreneur are that they develop their own enterprises, are innovative, persist in the face of challenges, and take on the risks and responsibilities of business ownership.
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The document outlines the process of entrepreneurship, which includes self-discovery to identify new ideas and assess opportunities, generating and evaluating ideas to satisfy needs, planning by researching resources and activities, raising start-up capital using a business plan, starting production and distribution to create customers, growing the business with strategies and technology, and harvesting rewards by marketing products.
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1. A sole proprietorship is a business owned and operated by one individual. As the sole owner, the proprietor is personally responsible for the debts and liabilities of the business.
2. Sole proprietorships have advantages like quick decision making, confidentiality of information, and direct incentive for the owner. However, they also have limitations such as limited resources, unlimited liability for the owner, and limited managerial ability.
3. The proprietor has complete control over the business but the business ends if the proprietor dies or becomes insolvent since there is no separate legal identity between the owner and the business.
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2. Businesses must also consider their social responsibilities and fulfill the expectations of society to sustain themselves in the long run.
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Business risk
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