Leadership styles‚ entrepreneurial orientation and family business growth in Ghana. The research problem While the number of family business abounds in Ghana‚ one sees lots of these slowly dying and some going bankrupt (Wolf‚ 2004). The lack of continuity and growth in family businesses is a major concern because of the primary contributory role that family businesses play in the world economy (Lansberg 1999: 1). It is perceived that entrepreneurial activities in Ghana lack the dynamism and competitive
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trader. It thus meant that Venice’s history and economic prosperity was traced down to the mindset that young people were made to have following the early exposure that people got in their surroundings. In fact‚ it was seen that Polo ended up following in the footsteps of his father and also became an explorer‚ which implied that there were many of such cases of parents training their children to be entrepreneurial and adventurous (Nisen‚ 2012). Overall‚ therefore‚ the implication that could be got from
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country struggled to advance through due to the country’s inability to form a German nation as a single entity‚ making it difficult for the people to feel ‘German.’ Furthermore‚ the creation of hyper nationalistic elite attitudes resulted from the mindset that the most honorable position was service to the state. Through earning medals and awards‚ men earned prestige and over the course of time a service oriented culture developed. The strong influence of the militaristic culture pervaded the aspects
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by recourse solely to scientific studies of entrepreneurial personality. Firstly the paper will examine the different viewpoints there are in terms of the entrepreneurial personality. The entrepreneurial personality approach (trait approach) will then be examined‚ as well as discussing the characteristics that research studies has identified as being identifiable within entrepreneurs. This will be followed by critical examination of the entrepreneurial personality approach and linking the research
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research based‚ aims to find the answer to that question that sparks the debate whether entrepreneurs are born or made. The definitions of entrepreneurship and the behaviors that are associated with entrepreneurial characteristics will be provided along with some examples of entrepreneur or entrepreneurial activities. Finally‚ the conclusion will be given at the end of the paper. II. Supporting Theory For Entrepreneurship An 18th French economist Richard Cantillon first introduced the word “entrepreneur”
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economy as a whole. * The capacity and willingness to undertake conception‚ organization‚ and management of a productive venture with all attendant risks‚ while seeking profit as a reward. 2. Identify challenges of entrepreneurs. 1. Negative Mindset The battle always starts in the mind! Our own fears‚ excuses‚ and just basically anything that paralyzes us from moving forward to our
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Enterprise Essay CB 613 Number of words: 1202 a) Explain the advantages and disadvantages that large firms have over smaller firms and vice-versa‚ in the pursuit of entrepreneurial activity. As an enterprise can be defined as private business‚ it can thus be separated into two main categories which are small firms and large firms. Within many countries and many industries there are normally a large number of small firms and a smaller number of large firms as can be seen in the United Kingdom
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A Study on Entrepreneurial Attitude and the Influential Factors for Business Department Students in Technological Colleges/Universities in Taiwan Chao-ching Chen‚ Yu-Fen Chen‚ Ming- Chuan Lai Tainan University of Technology Department of Business Education‚ National Changhua University of Education yufen@cc.ncue.edu.tw、lai0722@ms38.hinet.net Abstract This study verifies an entrepreneurship attitude model and the influential factors for business department students at technology colleges
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Overuse of automated call centre is an excellent representative: you can never reach the real person! It turns out that the market has cool products and low prices but unhappy customers. Maverick companies think differently. Starbuck‚ a true entrepreneurial‚ is very clear that relationship with customers is the major factor of their success. Starbuck convinced its customers that it is not just selling caffeine but also a rich‚ consistent‚ and distinctive experience. The Commerce Bank is another example
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become entrepreneurs; Identify four main characteristics of successful entrepreneurs. Explain five common myths regarding entrepreneurship. Explain how entrepreneurs differ from businessperson. Discuss the impact of entrepreneurial firms on economies and societies. Explain the entrepreneurial process. Minicase: KLYMIT • Who? • What? • Why? • Where? • When? Introduction There is tremendous interest in entrepreneurship in the U.S. and around the world. According to the 2007 GEM study
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