The entrepreneur and entrepreneurship February 4‚ 2009 at 12:55 am (P.O.B Lessons) The entrepreneur is a human factor of production whose main functions are to organise the other factors of production and bear risks. The entrepreneur consciously moves resources from an area of lower productivity and lower yield to an area of higher productivity and higher yields. The entrepreneur may also be seen as one who creates a new business in the face of risk and uncertainty‚ for the purpose of achieving
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shing returns. Let the production function be : Y = output‚ K = capital stock and L = labor force (population). This function is assumed to be constant returns to scale type ie if you multiply each input by a factor λ output is also multiplied by the same factor. Setting λ = 1/L: Letting output per labor and = capital per labor: This means that output per worker depends only on capital per worker. The key is‚ in the neoclassical constant returns to scale production function
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Homework assignment #1: Monday‚ 9/15/2014. It is due by midnight MONDAY‚ 9/22/2014. Questions about this assignment will be answered in class. The Focus of this assignment is on Chapters 1 & 2 of the textbook‚ slides‚ & lectures / discussions. Turned in “Assignment” to be a Word Documents (12 point font); – 600 to 750 words (if a group‚ this word count times # in the group)‚ not including your name / Section # / assignment # / date‚ charts / graphs / excel spread sheet / pictures / art / Source
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sector organization. Few trainers and trainees were interviewed to understand the system of training as training was the factor which contributed to employee satisfaction more than other factors. There has been quantitative analysis of the results of questionnaire done through Mean-SD Score‚ Correlation of inter and intra items of each parameter under consideration‚ the factor analysis has been done after that to find out the items which uniquely determine the employee satisfaction in the organization
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relate to both people and management systems. 2) Human Error Theories Human Error Theories can be realized in both Behavior Models as Accident Proneness Theory (Accident 1983) and Human Factor Models as Ferrel Theory (Ferrel 1977). Behavior models show that the main cause of accidents are workers. While the human factors models affirm that the main cause of accidents is human error. 3) ARCTM: Construction Model ARCTM is the outcome of developing and integrating number of the previously mentioned models
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The Cyprus Journal of Sciences The Journal of Americanos College Editor Charalambos Louca Americanos College Joseph S. Joseph‚ University of Cyprus‚ Cyprus Kalliope Agapiou-Josephides‚ University of Cyprus‚ Cyprus Krassimira Ilieva‚ Bulgarian Academy of Sciences‚ Sofia‚ Bulgaria Leonidas A. Phylactou‚ Cyprus Institute of Neurology & Genetics‚ Cyprus Marianna Sigala‚ University of the Aegean‚ Greece Mary Koutselini-Ioannidou‚ University of Cyprus‚ Cyprus Mary Vaxevanidou‚ Patras Greek Open University
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Q1. Discuss and define the concept of ‘entrepreneurship’. The entrepreneur is our visionary‚ the creator in each of us. We’re born with that quality and it defines our lives as we respond to what we see‚ hear‚ feel‚ and experience. It is developed‚ nurtured‚ and given space to flourish or is squelched‚ thwarted‚ without air or stimulation‚ and dies. Michael Gerber The term ’entrepreneur’ has been around since the seventeenth-century‚ it originates from France‚ where the phrase “entreprendre” was
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Distinctive Marketing and Information Technology Capabilities and Strategic Types: A Cross-National Investigation ABSTRACT Keywords: strategic typology‚ firm capabilities‚ cross-national‚ Japan‚ China The authors examine the relationship between strategic type and development of distinctive marketing‚ market-linking‚ technology‚ and information technology (IT) capabilities to implement innovation strategy. They hypothesize that prospectors must build technical and IT capabilities‚ whereas
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A Cross-Cultural Examination of Corporate Social Responsibility Marketing Communications in Mexico and the United States: Strategies for Global Brands Karen L. Becker-Olsen‚ Charles R. Taylor‚ Ronald Paul Hill‚ and Goksel Yalcinkaya ABSTRACT This study examines the impact of marketing-oriented corporate social responsibility (CSR) communications on perceptions of the firm and its brands among consumers in two diverse cultures‚ economies‚ and political landscapes. The authors’ main hypotheses are
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Case study 1: Resource based view of competitive Advantage 1. How specific would the identification of strategic capabilities need to be to permit them to be managed to achieve competitive advantage? Business strategy is all about competitive advantage. Businesses need strategies in order to ensure that resources are allocated in the most effective way.A firm is said to have a competitive advantage when it is implementing a value creating strategy not simultaneously being implemented
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