Challenges faced by women entrepreneurs operating in Bangalore Urban District - A sociological study

Mangalamma K. M.

Challenges faced by women entrepreneurs operating in Bangalore Urban District - A sociological study

Authors: Mangalamma K. M.

Unique Paper ID: 169336
Volume: 5
Issue: 7
PageNo: 409-412

Keywords: Challenges Economic activity Enterprise Innovation Participation.

Abstract:
Women entrepreneur is the one or group of women who initiate, organize and run a business enterprise. They typically create a business plan, hire labor, acquire resources and financing, and provide leadership and management for the business. As an entrepreneur, women has to perform all the functions involved in establishing an enterprise. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business or procedures. Entrepreneurs play a key role in any economy, using the skills and initiative necessary to anticipate needs and bring good new ideas to market. An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame and continued growth opportunities. Entrepreneurship is an integral factor of production, the other three being land/natural resources, labor and capital. An entrepreneur combines the first three of these to manufacture goods or provide services. These include idea generation and screening, determination of objectives, project preparation, product analysis and determination of forms of business organization, completion of promotional formalities, raising funds, procuring men, machine and materials and operation of business. Since time immemorial, the society was dominated by males but in contemporary times, women are breaking the trend and coming out of the shadows and proving to be equally and sometimes more efficient than their male counterparts. Women from all around the globe are overcoming the negative notions the society has about them. The winds of change also showed its effect in the Indian corporate world, few are leading top ventures and ideas. Making nation feels proud and being influential to other women of India and globe. Despite all these achievements and participation, women entrepreneurs face several challenges which are distinct apart from the problems of male entrepreneurs. This paper analyses those problems, which are female centric and suggests measures to overcome them.

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ISSN: 2349-6002
Volume: 5
Issue: 7
PageNo: 409-412

Challenges faced by women entrepreneurs operating in Bangalore Urban District - A sociological study

Available:https://ijirt.org/Article?manuscript=169336

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