This Book Provides A Holistic View About The Small-Scale Entrepreneur And The Problem Of Bankruptcy.

The vibrancy of an economy depends on the constant flow of entrepreneurs who can take up challenges in business and industry. An entrepreneur is one of the important segments of economic growth. Schumpeter observes that economic development consists of employing resources in a different way in doing a new combination of means of production. He contends that economic growth depends on the rate of applied technical progress i.e. innovation rate of applied technical progress in the economic field which in turn depends on supply of entrepreneurs in society. Thus entrepreneur becomes the agent of change in society[1]. Entrepreneur’s motivations & aspirations are conducive to development. Entrepreneurial competence makes all the difference in the rate of economic growth. A broad based entrepreneurial class in India is a felt need and such an entrepreneurial class would speed up the process of activating the factors of production leading to a higher rate of economic growth dispersal of economic activities, development of backward & rural tribal areas, creation of employment opportunities, improvement in the standard of living of the weaker sections of the society and involvement of all sections of the society in the process of growth[2]. An entrepreneur plays a critical role in the process of socioeconomic change by envisaging new opportunities new techniques, new products & by coordinating all other activities.

The present book meticulously analyses the multi-faceted issues and elements of the Modern Small Scale Industrial Sector, based on the findings of the author's PhD dissertation. MSMEs (micro, small, and medium enterprises) are India's economic backbone. They create large-scale jobs right away, provide a more equitable distribution of national revenue, and make it easier to mobilise resources, both capital and labour, that would otherwise go unused. The importance of promoting, modernising, and reorganising these businesses cannot be overstated. Not only does the type of activity, but also the size, geographical location, and structure of these businesses affect their demands, difficulties, and potential. Despite the fact that the Indian government offers a variety of fiscal and monetary incentives for MSMEs, many of these businesses lack current technology, competent staff, enough bank credit, and an ineffective marketing network. All of these limits have resulted in a high-cost structure, putting this industry at a competitive disadvantage when compared to large sectors.

This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.

India is the second most populous country in the world and also one of the poorest. From the late 1940s to 1980, India's per capita income grew at an average annual rate of only two percent. Expansionist economic reforms during the 1980s boosted economic growth but also unfortunately resulted in high inflation and a balance of payments crisis. As a consequence, in 1991 the government announced sweeping new changes in economic policies. Economic Policy Reforms and the Indian Economy evaluates the effects of those changes and identifies areas of the Indian economy still in urgent need of reform. After an overview of Indian economic policies and development since independence, papers focus on the country's fiscal situation, the environment for private economic activity, education, the reservation of certain activities for small-scale industry, and determinants of differentials in rates of growth across the different Indian states. Contributors include respected academic specialists on India and policy reform, high-level Indian administrators, and present and past policymakers.

Table of Content:- 1. Entrepreneurship : Meaning, Concept, Characteristics, Need, Functions 2. Theories of Entrepreneurship 3. Entrepreneur : Meaning, Characteristics, Qualities, Functions and Types 4. Entrepreneurship Development Programmes 5. Women Entrepreneur 6. Promotion of a Venture (Business) 7. Project : Concept, Classification And Identification 8. Project Formulation and Report 9. Project Appraisal/Resource Assessment (Financial and Non-Financial) 10. Raising of Funds 11. Venture Capital and Documentation Requirements 12. Plant Layout 13. Selection of Product 14. Location of an Enterprise 15. Choice of Organisation 16. Facilities and Technologies For Starting Enterprise 17. Small Scale Industries in India 18. Institutional Finance to Entrepreneurs 19. Legal Requirements For Establishment of a New Unit 20. Institutions For Entrepreneurial Development. More Information:- The author of this book is Dr. O.P. Gupta. Dr. O.P. Gupta is the ex-reader of Deptt. of Commerce in PGDAV College, University of Delhi, Delhi.

Part 'A' : Foundations of Business 1. Nature and Purpose of Business 2. Classification of Business Activities 3. Forms of Business Organisations : Sole Proprietorship 4. Joint Hindu Family Business 5. Partnership 6. Cooperative Societies 7. Joint Stock Company 8. Choice of Form of Business Organisations and Starting a Business 9. Private and Public Sector/Enterprises 10. Forms of Organising Public Sector Enterprises and Changing Role of Public Sector 11. Global Enterprises (Multinational Companies) Joint Venture and Public Private Partnership 12. Business Services – I Banking 13. Business Services – II Insurance 14. Business Services – III Communication : Postal and Telecom 15. Business Services – IV Warehousing 16. Transportation 17. E-Business and Outsourcing Services 18. Social Responsibility of Business and Business Ethics Part 'B' : Corporate Organisation, Finance and Trade 19. Formation of a Company 20. Sources of Business Finance 21. Small Business 22. Internal Trade 23. External Trade or International Business 24. Project Report Value Based Questions [(VBQ) With Answers] Latest Model Paper Board Examination Paper

The Handbook of Business Practices and Growth in Emerging Markets consists of a collection of specially commissioned chapters that describe the current business environment, organizational culture, consumer behavior, financial investment climate, and examples of best prevailing practices in emerging markets. It covers all the major functional areas of business ? marketing, strategy, operations and finance ? in all continents. The focus of each chapter is on the identification of different business issues in different emerging markets (including Asia, Africa and South America) and on the implementation of a proposed set of recommendations, using both qualitative and quantitative techniques to assist in decision-making and in improving organizational efficiency and effectiveness. Readers will also appreciate the multidimensional view of financial and non-financial performance measurement of businesses.Specifically, the goal of this research-based handbook is to provide a comprehensive guide for business students and managers by discussing a range of issues from the diverse emerging markets and enabling them to develop a strategic mindset for a market-oriented culture. Given the changing business dynamics, government policies and demands in industries, this handbook is both timely and topical.