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Describe the definition of entrepreneur according to Harbison and Peter F. Drucker.
According to Harbison:
"An entrepreneur, it is not an innovation but a business builder or one who has the ability to build an organization and who should be capable to harness the new concepts of various innovators to the best of the organization."
Peter F. Drucker describes an entrepreneur as one who all the time searches for change, responds to this and exploits this as an opportunity. An innovation is the exact tool of entrepreneurs that implies that they exploit change as an opportunity for a various business or service.
How is the dividing and grouping work affected in the organisation? Dividing and grouping work: Divisionalisation gives a broader perspective, a greater sense of responsi
What do you understand by “line balancing”? What happens if balance doesn’t exist?
Diversity management may be understood as the systematic and planned commitment by organisations to recruit, retain, reward, and promote a heterogeneous mix of employees (Thomas, 1
Explain the business leader's primary business or businesses, highlighting how the leader got started and examine the leader's three (3) main business challenges in establishing an
Global Economic Crises The current economic crisis has affected many countries in Europe as well as many countries in the world over. Micro credit institu
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CRSL has a large auditorium which can cater for 300 people and is ideal for formal balls and functions. The auditorium can also be reconfigured to cater for 100 people. The Seasons
Study different business organizations in your business environments The learner has been given a position of business analyst who will study environments and prepare report o
QUESTION 1 (a) What are the three main types of communication processes that have emerged from research and study in the field of human communication? (b) What are the key c
Minimum Maximum Technique: The minimum maximum system is often used in connection with manual inventory control systems. The minimum quantity is established in the same way a
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