What is the purpose of entrepreneurship in the two sectors

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Reference no: EM133735197

Assignment: Entrepreneurship- The Realm of Tesla Centers

A comparison of how entrepreneurship works to help enterprises succeed in two sectors or fields;

Task I: Comparison of Sectors/Fields (500 words +/- 10%)

Description (approximately 150 words): identify two enterprises that operate in two different sectors. Describe the environment that they operate in, the kinds of products or services they offer, and how they are performing.

Comparison (approximately 350 words): discuss how the entrepreneurship operates differently in the two sectors. What is the purpose of entrepreneurship in the two sectors? How do entrepreneurs need to act differently in the two different sectors? What drives these forms of entrepreneurship?

Task II: Comparison of Sectors/Fields/Industry (500 words )

I. Description (approximately 150 words):

1. Identify two enterprises that operate in two different sectors/industries.

2. Describe the environment that they operate in, the kinds of products or services they offer, and how they are performing.

What is a Sector/Industry?

A sector is an area of the economy in which businesses share the same or related business activity, product, or service. Sectors represent a large grouping of companies with similar business activities, such as the extraction of natural resources and agriculture.

Example Boots- Can use PESTEL

Being a pharmacy, health and beauty retailer, Boots UK operates within a regulated environment. Changes in the pharmaceutical industry, including drug approvals, pricing controls, and patent regulations, can significantly influence its operations.

II. Comparison (approximately 350 words):

1. Discuss how the entrepreneurship operates differently in the two sectors.

2. What is the purpose of entrepreneurship in the two sectors?

3. How do entrepreneurs need to act differently in the two different sectors?

4. What drives these forms of entrepreneurship?

Focus:

1) Which 2 enterprises have selected?

2) How do they operate in their different sectors/industries?

3) What drives these forms of entrepreneurships?

a) Select an element within the PESTLE and explain how that drives the enterprise.
b) Who are the competitors and how do they drive these enterprises (Porters five forces)?

Reference no: EM133735197

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