What is the difference between entrepreneurship and family business management programme in BBA /MBA?
Which one is better for industrial business for coming future?
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2 Answers
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The primary distinction between an Entrepreneurship programme and a Family Business Management programme in BBA/MBA lies in their focus and scope. An Entrepreneurship programme generally emphasizes the skills and mindset required to start and manage a business, irrespective of its ownership structure. It covers aspects like ideation, business planning, and risk management applicable to a variety of ventures.
On the other hand, a Family Business Management programme specifically tailors its curriculum to address the unique challenges of running a family-owned enterprise. It delves into topics such as succession planning, family dynamics
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Answered by
shubham chaudhari Mgmt committe member at Welingkar College ,Mumbai. | Contributor-Level 10
5 years agoEntrepreneurship is starting your own firm and family business management is doing the hereditary work.
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