Roles of Women Entrepreneurs

Submitted By:Akarsh AgarwalManoj Kumar

DefinitionO Women Entrepreneurship is the

function of establishing women enterprises by the women entrepreneurs.

O A women enterprise is owned and controlled by a woman, having a min. financial interest of 51% of capital and gives at least 51% of employment generated in the enterprise to women.

RolesO Assumption of risks.O Business Decisions.O Function of Innovations.O Managerial Functions.O Act as Male counterparts.O Identify Opportunities.O Business Leader.

Assumption of risksO Assumes all possible risks of

business:O Changes in tastes of consumers,O Techniques of production, andO New innovations.

O Can be minimized through proper initiative, using their skills and judgment.

Business DecisionsO Women affects suitable changes in :

O Size of the business,O Its location,O Techniques of production, andO Development of business

Function of InnovationsO Conceives ideas for improvement in

quality of product line.O Considers economic viability and

technological feasibility in bringing about improved quality.

Act as Male counterparts

O Performs functions like her male counterparts:O Undertakes a venture,O Assumes risk,O Profit earning.

Identify OpportunitiesO Identifies opportunity as a

manufacturer, distributor and other fields of economic activities.

O As a manufacturing entrepreneur demonstrates talent, by bringing out new product.

O As a trading entrepreneur, by way of creating demand for business.

Business leaderO Provides able guidance and leads her

enterprise towards achieving desired goals.

O Some functions as business leader:O Coordination of businessO Risk takingO Innovation for changeO Motivation, etc.

Thank You