Page 77 - DMGT310_ENTREPRENEURSHIP_AND_SMALL_BUSINESS_MANAGEMENT

Entrepreneurship and Small Business Management

Notes and their ability to influence the direction of social change to create a more just social and
economic order, nationally and internationally.

The policies and programmes of the government motivate, assist and guide entrepreneurial
development of women.

5.6 Keywords

Bargaining Power: Bargaining power is the relative ability of parties in a situation to exert
influence over each other.
Employment: The act of employing or using or the state of being employed.
Empowerment: To equip or supply someone with an ability to execute his or her powers.

Environment: The setting or conditions in which a particular activity is carried on.
Ideology: The ideas and manner of thinking of a group, social class, or individual.
Income: The amount of money or its equivalent received during a period of time in exchange for
labor or services, from the sale of goods or property, or as profit from financial investments.
Militate: It is a circumstance of being powerful or conclusive factor in preventing.
Paralegal: A person trained in subsidiary legal matters but not fully qualified as a lawyer.

5.7 Review Questions

1. Discuss the advancements made by women of modern India.
2. What is the scope of entrepreneurship among women? Discuss in detail.

3. What are the components of working environment in which women entrepreneurs operate?
4. Discuss the women’s ability to bargain in the labor market.
5. Why do women entrepreneurs face the problem of finance and working capital?

6. Discuss the various socio-cultural barriers in the path of women entrepreneurs.
7. What measures would you suggest to improve the status of women entrepreneurs?
8. How can women be empowered through entrepreneurship?
9. Discuss the challenges faced by two women entrepreneurs of India of your choice.
10. Explain the components of women empowerment.

Answers: Self Assessment

1. Economic 2. Working
3. Agencies 4. Unremunerated
5. Power 6. Economic
7. Possessiveness 8. Awareness

9. False 10. True
11. False 12. True

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