Entrepreneurship

Starting and running a business: ideas, theories, funding, challenges and the Indian startup ecosystem.

Company tower of loan and share blocks with a risk gauge, illustrating capital structure
Entrepreneurship

Quick answer: A company’s mix of debt and equity depends on the nature and size of the business, the stability

Finance manager calculating funding beside a factory and trade-cycle graph, illustrating business finance
Entrepreneurship

Quick answer: How much finance a business needs depends on the nature and size of the business, its production technique,

Money flowing through pipes to power a growing business
Entrepreneurship

Quick answer: Finance is needed at every stage of a business: to set it up, run daily operations, expand, modernise

Manager using a decision tree and network chart with a team, illustrating decision-making techniques
Entrepreneurship

Quick answer: Managers decide using traditional techniques such as habit, experience, judgement, intuition, opinion, experiments, management principles and standard procedures,

Manager at a fork weighing options with a checkmark on the chosen path
Entrepreneurship

Quick answer: The decision-making process in management has seven steps: identify and define the problem, analyse it, look for alternative

Manager steering a ship with a compass toward a lighthouse, illustrating importance of decision making
Entrepreneurship

Quick answer: Decision making matters because every management function depends on it. Good decisions set and achieve objectives, make the

Manager at a crossroads with a team and data chart, illustrating types of decision-making
Entrepreneurship

Quick answer: Managers make many kinds of decisions. They can be routine or strategic, programmed or non-programmed, planned or unplanned,

Manager choosing one option card from several, illustrating characteristics of decision making
Entrepreneurship

Quick answer: Decision making is choosing the best course of action from the available alternatives. It is a mental and

Management team arranging planning boards by timeline, level and department
Entrepreneurship

Quick answer: Planning in business can be classified by level (top, middle and lower level), by time (short, medium and

Manager with a rigid plan facing a storm and roadblock, illustrating limitations of planning
Entrepreneurship

Quick answer: The limitations of planning are unreliable forecasts, rigidity, inability to handle sudden events, time consumption, cost, difficulty choosing