STUDY OF THE RELATIONSHIP BETWEEN THE ENTREPRENEURIAL MANAGEMENT AND PERFORMANCE OF SMALL SCALE ORGANIZATIONS

Abstract

The researcher has attempted to explore the relationship between the management and performance of small scale businesses. The present research paper covers the conceptual background of entrepreneurial management and performance of an organization and the need for professional management of small scale organizations. Management is an important factor for the development and success of small scale business. The SME business is the foundation of the Indian economy, and an effective pioneering direction and initiative style can assure critical commitment to the accomplishment of these SME’s. The SME business is asset oriented with a tedious working style, requesting a powerful authority to lead the representatives and a viable pioneering direction to battle the opposition both at the nearby and worldwide levels. Your business’s success depends on how you manage your workforce and how you utilized available resources and funds. Business needs a manager that is capable enough to make various decisions. If you want to improve the performance of your business, you need to manage your business property. For this, first, you need to know the relationship between management and execution of a business with special reference to small scale business.