on behalf of business owners managing 1 or several divisions within the company

On behalf of business owners managing 1 or several

This preview shows page 4 - 7 out of 18 pages.

on behalf of business owners managing 1 or several divisions within the company, they are the ones who can implement the idea of company. Approach Intuitive Restorative Restorative Resources Use their own resources to invest and run their business. Use investment resources to creative research and develop the business. Use company source to implement projects and plans. Capital Own capital, or self-mobilization Capital of the company Capital of the company Enterprise newly established Based on the head office and established Working in the company Dependency Independence Dependence Dependence Risk Take full responsibility for all risks Headquarters will bear all risks. The internal business people in the company are only responsible for the activities of the business. The owner- manager is not affected. That company is completely risks. If the owner-manager is affected, only happens and is responsible for the extent of their capital contribution. Nguy n Ý Kh ng ươ 4
Image of page 4
Works for Build the leading position in the market. Change and innovation of organizational and cultural systems. Run the company. (S, 2016). 1.1.3 The typology of entrepreneurship: Lifestyle and growth firms. Entrepreneurship in a corporate or public sector context States-owned enterprise Private enterprise Definition State-owned enterprises with full legal status, fully invested capital of the State, have civil rights and obligations within the scope of capital managed by enterprises. (Quantri.vn, 2018). the enterprise that is invested by the state to establish and manage as an owner. Private enterprises are units owned by individuals and they are responsible for all of their assets in business operations. (Quantri.vn, 2018) Owned The entire charter capital and shares held by the state The enterprise is privately owned. Scale Focusing mainly on key industries of large scale. Diverse, scattered across various industries ranging in size from small to large. Financial management Subject to management, controlled by agency. Financial responsibility. Earning money Based on the country's budget to make money. Make money from customers. Losses State-owned enterprises often lose more than other types of enterprises and will be compensated for losses if they are lost. When state-owned enterprises suffer losses, they will have more budgets. Bankruptcy if the damage index exceeds the probability. And most private businesses are afraid of losses. Capital Citizens' capital belongs to the state budget. The capital of a private enterprise is purely money from the owner or investor. Budget constraints Under state management and investment, they are allowed to pay Budget constraints are very strict, tight. Nguy n Ý Kh ng ươ 5
Image of page 5
and other incentives late, or exempt. The public has many advantages in choosing and accessing foreign loans or access to land and businesses.
Image of page 6
Image of page 7

You've reached the end of your free preview.

Want to read all 18 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes