Role of Woman in Hrm

8/17/2019 Role of Woman in Hrm

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CONTENTS

SNO. TOPIC

1 ACKNOWLEDGEMEN

T

2 DECLERATION

3 TO WHOMSOEVER IT

MAY CONCERN

4 INTRODUCTION

5 HISTORY6 OBJECTIVES

7 REVIEW O

LITERATURE

! RESEARCH

METHODOLOGY

" LIMITATIONS1# RECOMMENDATION

11 CONCLUSION

12 BIBLIOGRAPHY

INTRODUCTION

In the era of Liberalization, Privatization and Globalization along

with on going IT revolution, today’s world is changing at a surprising

pace. Political and Econoic Transforations appear to be ta!ing


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place everywhere"as countries convert fro coand to deand

econoies, dictatorships ove toward deocratic syste, and

#onarchies build new civil institutions. These changes have created

econoic opportunities for woen who want to own and operate

businesses.

Today, woen entrepreneurs represent a group of woen who have

bro!en away fro the beaten trac! and are e$ploring new avenues of

econoic participation. %ong the reasons for woen to run

organized enterprises are their s!ill and !nowledge, their talents,

abilities and creativity in business and a copelling desire of wanting

to do soething positive. It is high tie that countries should rise to

the challenge and create ore support systes for encouraging ore

entrepreneurship aongst woen. %t the sae tie, it is up to

woen to brea! away fro stereotyped indsets.

In this dynaic world, woen entrepreneurs are a significant part of

the global e$pedition for sustained econoic developent and social

progress. &ue to the growing industrialization, urbanization, social

legislation and along with the spread of higher education and


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awareness, theeergence of 'oen owned businesses are highly

increasing in the econoies of alost all countries.

In forer days, for 'oen there were ( )s* )itchen, )ids, )nitting,

then cae ( Ps* Powder,Pappad, Pic!les and now at present there are

+ Es* Electricity, Electronics, Energy, Engineering .Indian woen had

undergone a long way and are becoing increasingly visible and

successful in all spheres and have shifted fro !itchen to higher level

of professional activities.

Today’s woen are ta!ing ore and ore professional and

technical degrees to cope up withar!et need and are flourishing as

de signers, interior decorators, e$porters, publishers,

garentanufacturers and still e$ploring new avenues of econoic

participation. It is perhaps for thesereasons that Governent odies,

-G’s, /ocial /cientists, 0esearchers 1and International

%gencieshave started showing interest in the issues related to

entrepreneurship aong woen in India.


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'oen entrepreneur’s e$plore the prospects of starting a new

enterprise2 underta!e ris!s,introduction of new innovations,

coordinate adinistration 3 control of business 3 providingeffective

leadership in all aspects of business and have proved their footage in

the ale doinatedbusiness arena.

This report focuses on the concept of woan entrepreneurs in

India2 their traits in

business, the probles faced by the when they set up and a!e

soe suggestions for

future prospects for developent of 'oen Entrepreneurs.

HISTORY

Entrepreneurship has gained currency across the sphere and feale*

entrepreneurship has


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becoe an iportant odule. India is one of the fastest eerging

econoies and the iportance of entrepreneurship is realized across

the gaut.

4'oen Entrepreneurship5 eans an act of business ownership

and business creation thatepowers woen econoically increases

their econoic strength as well as position in society. 'oen*

entrepreneurs have been a!ing a considerable ipact in all ost all

the segents of the econoy.

4'oen Entrepreneur5 is a person who denies the role of their

personal needs to participate

and be accepted econoically independent. /trong desire to do

soething positive is a high*6uality woen entrepreneur who

contributes to the position values of faily and social life.

4%n enterprise owned and controlled by a woen having a

iniu financial interest of789 of capital and giving at least 789


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of the eployent generated by the enterprise to woen.5 *

G$%&'()&(* $+ I(,-

%ccording to K)/ S-(0,: % woen entrepreneur is a

confident, innovative and creativewoan capable of achieving

econoic independence individually or in collaboration generates

eployent opportunities for others through initiating establishing

and running an enterprise by !eeping pace with her personal, faily

and social life.

%ccording to M&,D(-V-(&,5 a woen entrepreneur

is a person who is an

enterprising individual with an eye for opportunities and an uncanny

vision, ;oercial acuen, with treendous perseverance and

above all a person who is willing to ta!e ris! with the un!nown

because of the adventures spirit she possesses.5

In the words of


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when woen are epowered, society with stability is

assured.Epowerent of woen is essential as their thoughts and

their value systes lead to thedevelopent of a good faily, good

society and ultiately a good nation.:

P(,-* J'// L/ N&' has rear!ed 4'hen woen

ove forward, the failyoves, the village oves and the -ation

oves.5

'oen Entrepreneurs have been a!ing a significant ipact in all

segents of econoy of ofthe world. Their willingness for the future

is apparent in their growing confidence, in their strengths and in their

desire to see! different fors of wor! in order to achieve a new

balance between wor! and hoe. Thus a woen entrepreneur is one

who starts business and anages it independently and tactfully ta!es

all the ris!s, accepts challenging role to eet her personal needs and

becoe econoically independent. % strong desire to do soething

positive is an inbuilt 6uality of entrepreneurial woen, who is capable


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contributing values in both faily and social life and is one who faces

the challenges boldly with an iron, will to succeed.


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T'-* $+ W$)&( E(*'&'&(&' -( I(,-

W$)&( '& )-*-$

% successful woan entrepreneur is dreadfully strong*inded one,

has an inner urge or drives to change conteplation into realis.

)nowledge fro her previous occupancy as an eployee, relying on

educational 6ualifications or lessons learnt fro inborn business, she

is ready to grab opportunities, sets goal, possess clear vision, steps

confidently forward and is abitious to be successful. Every

successful woan entrepreneur is truly deterined to achieve goals

and a!e her business prosper. Thorough !nowledge of the field is

indispensable to success. /he coes with newinnovative solutions to

old probles to tide over issues.

W$)&( '& 8$(+-,&(*

% successful woan entrepreneur is confident in her ability. /he is

ready to learn fro others,search for help fro e$perts if it eans

adding value to her goals. /he is positive in nature and is!eener to

ta!e ris!s. % winning woan entrepreneur uses coon intelligence


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to a!e sound=udgents when encountering everyday situations. This

is gleaned fro past e$perience andinforation ac6uired over the

years. It is essential not to get aggravated and give up when you

faceobstacles and trials. The aptitude to e$plore uncharted territories

and ta!e bold decisions is thehallar! of a successful woan

entrepreneur. % successful woan usually loves what she does. /heis

e$treely fervent about her tas!s and activities. >er high energy

levels otivate her to contributeiensely towards building,

establishing and aintaining a prosperous business.

W$)&( - $&( (, -//-(0 *$ /&'(

% successful woan entrepreneur !eeps side by side of changes, as

she is fully conscious ofthe iportance of evolving changes. /he is

ahead of her copetitors and thrives on changes. /headapts her

business to changes in technology or service prospect of her patrons.

/he is in6uisitive,concerned to learn and accoodative to

innovations.

?W$)&( '& 8$* 8$(8-$


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% successful woan entrepreneur prepares pragatic budget

estiates. /he provides cost effective 6uality services to her clients.

'ith iniized cost of operations, she is able to force hertea to

capitalize on profits and gather its benefits.

W$)&( %/& 8$$&'*-$( (, //&0-(8&

% woan has the ability to wor! with all levels of populace. /he is

!een on aintaining

associations and counicates evidently and efficiently. This helps

her to negotiate even responsiveissues without difficulty. /he is

sypathetic to people around her and have good networ!ing s!illsthat

help her to get better contacts and utilize opportunities.

W$)&( 8( /(8& $)& (, $'9

% successful woan entrepreneur is good at balancing

varied aspects of life. >er ultitas!ingaptitude cobined with

support fro spouse and relatives enables her to bring

togetherbusiness priorities with doestic responsibilities

copetently and efficiently.


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W$)&( '& '& $+ &' /&0/ '&$(--/-*: *$ *& $8-/

$',&'

% successful woan entrepreneur is eager to share her achieveent

with the society. /he isdedicated to assist others and en=oys her

liability.

W$)&( +$8 $( *&-' P/(

'oen Entrepreneur’s plan their wor! and wor! with plan. /et

long*ter and short*tergoals and ta!e consistent action in oving

toward the.

W$)&( '& R&$'8&+/

'oen entrepreneurs ta!e advantage effectively coordinating the

available factors and

resources such as entoring, training and coaching and build a strong

base of education, training ande$perience which can help lead to

success.


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%n &++&8*/ 'oen Entrepreneur re6uires certain additional

essential 6ualities, which canbe listed as follows.

Innovative thin!ing and farsightedness.

ften relatively cofortable with abiguity, uncertainty and

ris!.

@uic! and effective choice a!ing s!ill.

/trongly influence events Aor self*efficacyB.

/trong deterination.

>ave high levels of wor! otivation. Preparedness to ta!e ris!s.

;haracterized by high levels of social copetence and social

intelligence

%ccepting changes in right tie.

>as an ability to build relationships and to connect with others

on a social and interpersonallevel %ccess and alertness to latest scientific and technological

inforation.

/ingle*inded and devoted to their uni6ue passions.

Efficient e$ecution of decisions iposed on the.

#ay =udge abiguous business conditions in ore positive,

enthusiastic, and optiistic ters.

;lear vision and abition on the iproveent of faily and

children.

Ta!es advantage of resources such as entoring, counselling

and other sall businessdevelopent assistance.

Patience and bearing the sufferings on behalf of others.


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>as soe blend of critical analytical thin!ing, creativity, and

practical ipleentation of ideas.

%bility to wor! physically ore at any age.

#any woen have these traits but they never got a platfor to

showcase their talents and for

this reason they donCt !now their real abilities. #atching the basic

6ualities re6uired for entrepreneursand the basic characters of Indian

woen reveal that, uch potential is available aong the

Indianwoen on their entrepreneurial ability. This potential is to be

docuented, brought out and e$posedfor utilization in productive and

service sectors for the progress of the nation.

KEY CHANGES IN WOMEN ENTREPRENEURS IN LAST

IVE DECADES

?'#E- E-T0EP0E-ED0/ < T>E ITIES

;opulsive factors led to the creation of woen entrepreneurs.

'#E- E-T0EP0E-ED0/ < T>E SI;TIES


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'oen began to aspire but also accepted the social cultural

traditions.

?'#E- E-T0EP0E-ED0/ < T>E SEVENTIES<

The woen in this decade opened up new frontier. They had not

only aspiration but abition.

?'#E- E-T0EP0E-ED0/ < T>E EIGHTIES<

'oen were educated in highly sophisticated, technological

and professional education. Theybecae e6ually contributing

partners.

?'#E- E-T0EP0E-ED0/ < T>E NINETIES<

This was the first tie when the concept of best rather than ale

heir was tal!ed about.

?'#E- E-T0EP0E-ED0/ < T>E 21* C&(*':

=J-// $+ // *',&>

/ince the 21* 8&(*':, the status of woen in India has been

changing as a result to


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ounting industrialization and urbanization and social

legislation. ver the years, ore and orewoen are going in

for higher education, technical and professional education and

their proportion inthe wor!force has also been increased.

'ith the spread of education and awareness, woen have

shifted fro the !itchen, handicrafts andtraditional cottage industries

to non*traditional higher levels of activities. The Governent hasalso

laid special weight age on the re6uireent for conducting special

entrepreneurial trainingprogras for woen to enable the to start

their own ventures.


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due to the intensely entrenched conventional state of ind andstrict

principles of the Indian society.

R$/& $+ $)&( ( E(*'&'&(&'<

;onsidering the flow of woen entrepreneurs in the traditional

industries, it is often

criticized that the woen entrepreneurship is engaged only in

handloo and handicraft and in thenon*traditional ter, now their


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aspect have broaden into new line li!e hotel line, Fero$ing, eauty

Parlour business, incense stic! a!ing, candle a!ing etc.

In the last decade, there has been a rear!able shift it ephasizes

fro the traditional industryto non*traditional industry and services.

ased on this concept, soe iportant opportunities arebeing

identified, considering the socio*econoic, cultural and educational

status and otivationallevel of woen entrepreneurs, particularly

pro=ects with low investent, low technical !now*howand assured

ar!et are suggested for the such as production of soaps,

detergents, ready* adeinstant food products including pic!les,

spices, papad, anufacturing of woollen goods, beauty parlour

business, typing centre, =ob contracts for pac!aging of goods and

distribution and householdprovision etc.

%t present they are

C'&*-%& It refers to the creative approach or innovative ideas

with copetitive ar!et. 'ell*planned approach is needed to

e$aine the e$isting situation and to identify theentrepreneurial


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opportunities. It further iplies that woen entrepreneurs have

alliance withclued*up people and constricting the right

organization offering support and service.

?/-*: *$ $'9-(0 ', Innovative woen have further

ability to wor! hard. The creative ideas have to coe to a fair

play. >ard wor! is re6uired to build up an enterprise.

D&*&')-(*-$(< 'oen entrepreneurs ust have an intention to

fulfill their dreas. Theyhave to a!e a drea transferred into

an idea enterprise.

A-/-*: (, ,&-'& *$ *9& '-9< the desire refers to the

willingness to ta!e ris! and ability tothe proficiency in planning

a!ing forecast estiates and calculations.

P'$+-* &'(-(0 88-*:< she has a capability to get a$iu

return out of invested capital.


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(8*-$( $+ W$)&( E(*'&'&(&'<

% 'oan entrepreneur has also to perfor all the functions involved

in establishing an

enterprise


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Procuring en, achine and aterials and operations of

business.

In nutshell, woen entrepreneur are those woen who thin! of a

business enterprise, initiateit, organize and cobine the factors of

production, operate the enterprise, underta!e ris! and handleeconoic

uncertainties involved in running a business enterprise.

S88&+/ L&,-(0 B-(& W$)&( -( I(,-

T& 21 L&,-(0 B-(&$)&( -( I(,-

A9-/ S'-(-%(, #anaging &irector, /hrira Investents

Ltd

C(,K$88', E$ecutive &irector, I;I;I an!

E9*K$$' @;reative &irector, ala=i Telefils

J:$-*N-9 , President, Li==atPapad K-'(M),'S, ;hairan and #anaging &irector,

iocon

L/-* D G*&, oint #anaging &irector, I;I;I an!

N-(L/K-,- @&eputy ;E, >/;

P'&&* R&,,:, #anaging &irector, %pollo >ospitals

P'-: P/, ;hairan, %pee=ay Par! >otels

R'&&P*:, ;hairan, 0a=shree /ugars and ;heicals Ltd


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R(( K)' @;hairan, -%%0&

R%-( R K$/-, #edia personality and e$*President, /T%0

-ews R&(9R)(*, ;E, I;I;I Hentures

R-* K)' @erbals

S'(A'$, Proprietor, %pparao Galleries

S-)$(& T*, ;hairan, Trent Ltd

S/-'$,-M$*(-, oint #&, )inetic Engineering

T'(-V9-/, forer ;hairan and #anaging &irector, EFI#

an!

- M$,:, /enior Partner, % 3 Partners


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W$)&( E(*'&'&(&' (, T&-' P'$/&)

'oen entrepreneurs face any hurdles. /ocietal support is a

!ey deterinant in

entrepreneurial establishent. The ost coon proble, which a

woan faces, is the non*cooperation fro her husband or close

faily ebers. #a=ority of the tie the faily ebers donot

otivate the. esides they face other probles li!e obility

constraints, dual responsibility,low anaging ability, ris!*bearing

ability etc. They don’t lac! anagerial s!ills but they have

lessprootional ability, which they need to iprove upon.

/carcity of raw aterial and finance are another proble faced by the

woen entrepreneurs.

The standard of technology used by the woen entrepreneurs is

6ualitatively low2 they are poor intechnical !now*how. Transportation

difficulties, iproper power supply and telecounication aresoe

of the other proble faced by the. #ar!eting proble is the biggest

proble faced by woenentrepreneurs.


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There are soe upteen probles faced by woen at various

stages beginning fro theirinitial coenceent of enterprise, in

running their enterprise. Their various probles are asfollows

A''(0&)&(* $+ -((8&<


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'oen entrepreneurs encounter the probles of shortage of

raw*aterials and necessaryinputs. n the pinnacle of this, is

the high prices of raw aterials, on one hand and getting

rawaterials at iniu discount rates are the other.

C**'$* C$)&*-*-$(


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In India, around A+K9B of woen are still illiterate. Illiteracy

is the root cause of socioeconoicbarriers or hurdles. &ue to

lac! of )nowledge of latest technological change, !now*

howand education creates probles before woen to set up

copetitive enterprises.


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)-/: C$(+/-8*


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iddleen is tric!y, because it involves a lot of running about.

'oenentrepreneurs also find it difficult to capture the ar!et

and a!e their products popular.

L89 $+ &/+8$(+-,&(8& (, $*-)-*-8 **-*,& )$(0*

$)&(<

-owadays ost of the woen are suffering fro one a=or

proble of lac! of self*confidence,deterination, physically

powerful outloo!, hopefulness etc. They are always panic

frocoitting ista!es while doing their piece of wor!, ore

over there is liited initiative of ta!ingris! and bearing

uncertainty in the. Thus all these psychological factors often

obstruct their path ofachieving success in the area of enterprise.

H-0 8$* $+ '$,8*-$(<

>igh cost of production underines the efficiency and adversely

affects the developent of woen entrepreneurs. The

installation of new achinery during e$pansion of the

productive capacityand li!e siilar factor dissuades the woen


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entrepreneur fro venturing in to new area.

Governentassistance in the for of grant and subsidies to

soe e$tent enables the to tide over the difficultsituations.

>owever, in the long run, it would be necessary to increase

efficiency and e$pandproductive capacity and thereby reduce

cost to a!e their ultiate survival possible, other than

these,woen entrepreneurs also face the probles of labour,

huan resources, infrastructure, legalforalities, overload of

wor!, lac! of faily support, istrust etc.


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OBJECTIVES O THE RESEARCH

The ain purpose or ob=ective of study of woen entrepreneurship is

as follows

To e$hibit the encouraging and discouraging factors in an

enterprise.

Identification and analysis of all the

shortcoingsencountered by woen in setting and

establishingan industrial enterprise.

To provide solutions to the variousprobles faced by the

woen entrepreneur group.

REVIEW O LITERATURE


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'oen entrepreneurship developent is an essential part of

huan resource developent. The developent of woen

entrepreneurship is very low in India, especially in the rural areas.

Entrepreneurship aongst woen has been a recent concern. 'oen

have becoe aware of their e$istence their rights and their wor!

situation. >owever, woen of iddle class are not too eager to alter

their role in fear of social bac!lash. The progress is ore visible

aong upper class failies in urban cities.

This paper focuses on woen entrepreneur. %ny understanding

of Indian woen, of their identity, and especially of their role ta!ing

and brea!ing new paths, will be incoplete without a wal! down the

corridors of Indian history where woen have lived and internalized

various role odels. The paper tal!s about the status of woen

entrepreneurs and the probles faced by the when they ventured out

to carve their own niche in the copetitive world of business

environent.

In this dynaic world, woen entrepreneurs are an iportant

part of the global 6uest for sustained econoic developent and


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social progress. In India, though woen have played a !ey role in the

society, their entrepreneurial ability has not been properly tapped due

to the lower status of woen in the society. It is only fro the


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'hen a woan is epowered it does not ean that another

individual becoes powerless or is having less power. n the

contrary, if a woen is epowered her copetencies towards

decision* a!ing will surely influence her failyCs behavior.

In advanced countries, there is a phenoenon of increase in the

nuber of self* eployed woen after the world war 88. In D/%,

woen own 79 of all business, even though their sales on an

average are less than two*fifths of those of other sall business. In

;anada, woen own one*third of sall business and in


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W$)&( E(*'&'&(&'- -( I(,-

/tates -o of

Dnits

0egistered

-o. of

'oen

Entrepreneurs

Percentage

Tail -adu MQ8O M(K (K.(Q

Dttar Pradesh NMOK (8OK (M.O+

)erala 7+ON 8(7 (O.M8

Pun=ab +NM8 8Q8O ((.NN

#aharastra +((M 8(M+ (.8

Gu=rat (ON 87(O (M.N

)arnat!a (O 8KQ Q.O+

#adhya Pradesh MQN O+ O.(O

ther /tates 3

DT/

8+7NQ +8O7 O.N8


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Total 7N,+7 8O,O+O (.O


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W$)&( W$'9 P'*-8-*-$(

;ountry Percentage

India A8MNK*8MN8B 8+.

India A8MOK*8MO8B 8M.N

India A8MMK*8MM8B .(

India AKKK*KK8B (8.Q

D/% +7

D) +(

Indonesia +K

/ri Lan!a (7

razil (7


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RESEARCH METHODOLOGY


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LIMITATIONS

D'-(0 ,$-(0 *- '&&'8 I +$(, $* ** W$)&( &(*'&'&(&'

+8& +$//$-(0 /-)-**-$(


39/51

evidence that woenCs loan repayent rates are higher than enCs,

woen still face ore difficulties in obtaining credit,: often due to

discriinatory attitudes of ban!s and inforal lending groups.

(. Entrepreneurs usually re6uire financial assistance of soe !ind to

launch their ventures * be it a foral ban! loan or oney fro a

savings account. 'oen in developing nations have little access to

funds, due to the fact that they are concentrated in poor rural

counities with few opportunities to borrow oney. The woen

entrepreneurs are suffering fro inade6uate financial resources and

wor!ing capital. The woen entrepreneurs lac! access to e$ternal

funds due to their inability to provide tangible security. Hery few

woen have the tangible property in hand.

+. 'oenCs faily obligations also bar the fro becoing

successful entrepreneurs in both developed and developing nations.

:>aving priary responsibility for children, hoe and older

dependent faily ebers, few woen can devote all their tie and

energies to their business: .The financial institutions discourage


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woen entrepreneurs on the belief that they can at any tie leave

their business and becoe housewives again. The result is that they

are forced to rely on their own savings, and loan fro relatives and

faily friends.

7. Indian woen give ore ephasis to faily ties and relationships.

#arried woen have to a!e a fine balance between business and

hoe. #ore over the business success is depends on the support the

faily ebers e$tended to woen in the business process and

anageent. The interest of the faily ebers is a deterinant

factor in the realization of woen fol! business aspirations.

Q. %nother arguent is that woen entrepreneurs have low*level

anageent s!ills. They have to depend on office staffs and

interediaries, to get things done, especially, the ar!eting and sales

side of business. >ere there is ore probability for business fallacies

li!e the interediaries ta!e a=or part of the surplus or profit.

#ar!eting eans obility and confidence in dealing with the e$ternal


41/51

world, both of which woen have been discouraged fro developing

by social conditioning. Even when they are otherwise in control of an

enterprise, they often depend on ales of the faily in this area.

N. The ale * feale copetition is another factor, which develop

hurdles to woen entrepreneurs in the business anageent process.

&espite the fact that woen entrepreneurs are good in !eeping their

service propt and delivery in tie, due to lac! of organisational

s!ills copared to ale entrepreneurs woen have to face constraints

fro copetition. The confidence to travel across day and night and

even different regions and states are less found in woen copared to

ale entrepreneurs. This shows the low level freedo of e$pression

and freedo of obility of the woen entrepreneurs.

O. )nowledge of alternative source of raw aterials availability and

high negotiation s!ills are the basic re6uireent to run a business.

Getting the raw aterials fro different souse with discount prices is

the factor that deterines the profit argin. Lac! of !nowledge of


42/51

availability of the raw aterials and low*level negotiation and

bargaining s!ills are the factors, which affect woen entrepreneurCs

business adventures.

M. )nowledge of latest technological changes, !now how, and

education level of the person are significant factor that affect

business. The literacy rate of woen in India is found at low level

copared to ale population. #any woen in developing nations

lac! the education needed to spur successful entrepreneurship. They

are ignorant of new technologies or uns!illed in their use, and often

unable to do research and gain the necessary training . %lthough great

advances are being ade in technology, any woenCs illiteracy,

strucutural difficulties, and lac! of access to technical training prevent

the technology fro being beneficial or even available to feales .

%ccording to The Econoist, this lac! of !nowledge and the

continuing treatent of woen as second*class citizens !eeps the in

a pervasive cycle ofpoverty . The studies indicates that uneducated

woen donot have the !nowledge of easureent and basic

accounting.


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8K. Low*level ris! ta!ing attitude is another factor affecting woen

fol! decision to get into business. Low*level education provides low*

level self*confidence and self*reliance to the woen fol! to engage in

business, which is continuous ris! ta!ing and strategic cession a!ing

profession. Investing oney, aintaining the operations and

ploughing bac! oney for surplus generation re6uires high ris! ta!ing

attitude, courage and confidence. Though the ris! tolerance ability of

the woen fol! in day*to*day life is high copared to ale ebers,

while in business it is found opposite to that.

88. %chieveent otivation of the woen fol! found less copared

to ale ebers. The low level of education and confidence leads to

low level achieveent and advanceent otivation aong woen

fol! to engage in business operations and running a business concern.


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8.


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RECOMMENDATIONS

n the basis of the aforesaid probles faced by woen

entrepreneurs and various otherprobles too, there is a

provision of a nuber of /trategies for prooting woen

entrepreneurship toovercoe these probles. /uch solutions or

reedies can be well understood as under*

Prooting entrepreneurship aong woen is especially

iportant to tac!le the probles ofunder eployent and

uneployent in the society.

?Education has been instruental in increasing the participation

of woen in entrepreneurial activities. The foral education not

only helps in ac6uisition of re6uires !nowledge for a =ob,which

deands non*traditional s!ills but also iparts !nowledge about

the differentoccupational opportunities. Good acadeic

bac!ground a!es woen confident in dealingwith probles in

business in an effective anner. %lthough it is a fact that

entrepreneurship isnot a special preserve for the educated but in


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the case of woen already burdened with anysocial pressures,

education is a powerful tool in brea!ing down the barriers to

successful

Entrepreneurship. Thus education is a liberating force and

barriers of caste and class,

soothing out ine6ualities iposed by birth and other

circustances.

There should be an incessant attept to otivate, give

confidence, inspire and assist woenentrepreneurs.

Governent should provide better educational facilities and

schees to woen fol!.

There should be continuous onitoring, iproveent of

training prograers, practicale$perience and personality

developent prograes to iprovise their over*all

personalitystandards.

Establishent of proper training institutes for enhancing their

level of wor!*!nowledge, s!ills,ris!*ta!ing abilities, enhancing

their capabilities. Training ;enters should provide training

toprospective woen entrepreneurs free of cost and


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Entrepreneurship &evelopent Prograeshould be uch

ore practical oriented. Inculcation of self*confidence aongst

woen thatthey can also run a business should be one of the

prie otives of these prograes.

Potential woen entrepreneurs should be e$posed to different

types of eerging opportunities.

>ousewives should be otivated to learn additional incoe.

% woen entrepreneur should herself set up an e$aple by

being successful and should act asa role odel. /ince children

have a tendency to eulate their parents, the resultant

effectwould be autoatic.

Establishent of proper training institutes for enhancing their

level of wor!*!nowledge, s!ills,ris!*ta!ing abilities, enhancing

their capabilities.


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gaining access to credit. %de6uate arrangeents ust be ade

for the supply ofcredit facility at concession rate for the woen

entrepreneurs in view of their growing needs.

;reating provision of icro credit syste and enterprise credit

syste to the woen entrepreneurs at local level.

% 'oen EntrepreneurCs Guidance ;ell should be set up to

handle the various probles ofwoen entrepreneurs all over the

state.

Positive attitudinal change in the society recognizing the role of

woen as entrepreneur aylead to the developent of

appropriate environent in which woen will be able to

e$ploittheir entrepreneurial talents.

ffering seed capital, up*liften schees, woen entrepreneurs

fund etc. To encourage theeconoically.

To e$tend confessional rates facilities and schees for woen

entrepreneurs to prosper in thefield of enterprise.


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T : ,$*-(0 *& +$//$-(0 +$'&-, )&'& -( /&**&'

(, -'-* *& '$/&) $8-*&, -* $)&( 8( & $/%&,.

CONCLUSION

India is a ale doinated society and woen are assued to be

econoically as well as

socially dependent on ale ebers. The absolute dependence sees

to be diluted aong the high and iddle class woen as they are

becoing ore aware of personal needs and deanding greater

e6uality.

'oen entrepreneurs faced lots of probles at start*up as well

as operating stage li!e, non*availability of finance, restricted obility

freedo and having to perfor dual role one at hoe and other at

wor!. Technological advanceent and inforation technology

e$plosion have reduced the proble of woen entrepreneurs. %long


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with technological revolution, ental revolution of society is needed

to change the attitude of the society and provide woen with

deocratic and entrepreneurial platfor.

#ore*over with increasing Governent and -on*Governent

and other financial institutionsassistance for various woen

entrepreneurs within the econoy there can be significant increase

brought about in the growth of woen entrepreneurship process. /till

efforts are being ade to coordinate with the enterprise activities of

woen and providing the utost financial, orale, psychological

support by various institutions wor!ing within the econoy and

world*wide.

Thus, 'oen have the potential and the deterination to set up,

uphold and supervise theirown enterprises in a very systeatic

anner. %ppropriate support and encourageent fro the /ociety in

general and faily ebers in particular is re6uired to help these

woen scale new heights in their business ventures. The right !ind of

assistance fro faily, society and Governent can a!e these


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'oen Entrepreneurs a part of the ainstrea of national econoy

and they can contribute to the econoic progress of India.

BIBLIOGRAPHY

Entrepreneurship &evelopent Ry /./ )han!a. /. ;hand 3

;opany Liited. A0a -agar, -ew &elhi*8KK77B.

% 0eflection of the Indian 'oen in Entrepreneurial 'orld

www.iiahd.ernet.inJpublicationsJdataJKK7*KO*KNindirap.pdf

www.indianba.coJ

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Role of Woman in Hrm