entrepreneurship in the globalised economy

8/7/2019 Entrepreneurship in the globalised economy

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Presented by:Megha NagpalMonika Gupta

Priya KohliNeha NargotraSabah Kapoor


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A person who buys factor of production atcertain prices in order to combine them into aproduct with a view to sell them at uncertain

prices.

Considered as a risk bearer.


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Individuals who introduce something new inthe market or economy

- Jospeh Schwnpeter


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Need for high achivement

Highly optimistic

Search for new ideas and innovation

HR ability

Openness to change


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The relationship between globalization andnew technology based entrepreneurship ismutual.

Several aspects of entrepreneurial activityhave been influenced by globalization,effecting changes in the-

Nature of businesses

Type & level of technology

Location & nature of customers

Legal structure

Organisation and HR practices and so on.


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J.C.MAHINDRA


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The company was set up in 1945 in Ludhiana as

Mahindra & Mohammed by brothers K.C. Mahindra and

J.C. Mahindra and Malik Ghulam Mohammed.

J.C. started out his career with Tata Steel, serving as

the senior Sales Manager from 1929 to 1940. When

the steel industry became critical during World War II,

the Government of India appointed him as the first

Steel Controller of India.

His vision and ambition led him to start Mahindra


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The enterprising duo JC Mahindra and KCMahindra were inspired by Pandit JawaharlalNehru's vision of a modern independent India,

dared to set out on a journey to prove thatIndians were second to none.


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4/3 wheelers

LCVs

Agriculture tractors

Cars like scorpio, bolero

Banking and finance (kotak mahindra)

Mahindra holidays

Mahindra defence

Farm products like engines , tractors


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ESSEL GROUP


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Subash chandra is the Indian entrepreneur and

a forbes billionaire and the indias top 20

richest person.

He is the Chairman of the Company as well asother Companies of Essel Group. He has taken

Essel Group from a family-owned business to a

global entity in the fields of Packaging, Media,

Entertainment, Satellite communication andOnline gaming.


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Mr. Chandra has made his mark as a

philanthropist in India. He set up TALEEM

Transnational Alternate Learning for

Emancipation and Empowerment throughMultimedia.

Mr. Chandra is also the Chairman of ZEEEntertainment Enterprises Limited, Zee News

Limited and Wire & Wireless India Ltd.


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He started the failed Indian Cricket League, adomestic Twenty20 cricket league intended asa challenge to the Board of Control for Cricket

in India, the nation's governing body in thesport.

entrepreneurship in the globalised economy

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