Measures to Improve in Functional Development Area of Entrepreneurship-A Study

The entrepreneurship is facing many challenges through internal and external factors. The Telangana entrepreneurs are lagging behind comparing with the other states in the country. The present study has been emphasized on the measures to strengthen the functional development area of entrepreneurship of Telangana. The stratified sampling methodology has been applied to collect the data and applied the Phi and Cramer's V to ascertain the strength of association between the entrepreneurs ’demographic factors with the measures to improve in the functional development. The factor analysis has been applied and through principle component analysis methodology 4 components have been extracted. The study depicted that the government timely support, labour problems, managerial and production plan factors have been extracted. The industrial associations and governments should organize the exhibitions, trade fairs and training sessions to encourage the entrepreneurs to perform better.