Summary Entrepreneurship, Leadership, and Management Notes IEB/DBE Business Studies ISBN: 9781510420090
10 views 0 purchase
Course
Business Studies
Institution
12
Book
Cambridge IGCSE and O Level Business Studies 5th edition
This set of notes cover the IEB/DBE topic of Entrepreneurship, Leadership, and Management. They include pictures and are in-depth notes. These will be a sufficient source to study this section and prepare for your final Business Studies Exam.
Note: These notes are recommended for IEB students - a...
Business Studies IGCSE/O Level - Full course summary
all answers to exam style questions of business book igcse
All for this textbook (33)
Written for
12
Business Studies
200
All documents for this subject (152)
Seller
Follow
nicolawaite
Reviews received
Content preview
Entrepreneurship,
Leadership and
Management
IEB Business Studies
Nicola Waite Nikkiwaite2@gmail.com
, Nicola Waite Business Studies May 2021
Entrepreneurship, Leadership, and
Management
Entrepreneurs’ vs intrapreneurs
What is an entrepreneur?
• Combine the 3 Factors of production (raw
materials, capital and labour)
• See a gap in the market and take the risk
of starting a business
• Invest capital in attempt to make profit
• Normally top management role
What is an intrapreneur?
• Employees that use their unique talents of innovation and leadership to
change and improve their department and take the business to new
heights
• Same qualities as entrepreneurs but are more cautious and usually
remain in their stable job
Top management should encourage a philosophy of
intrapreneurship
• Employee performance of recognizing and managing new ideas
should be directly linked to their rewards
• Encourages change through innovation
Entrepreneurial qualities
• Opportunists
• Perseverance and commitments
• Open minded
• Independent spirits
• Flexible
• Good leaders
• Risk takers
• Creative thinkers
• Passionate visionaries
• Other (quick decision-makers, communicates clearly, insightful,
progressive, understands target market)
Entrepreneurial skills and activities
Environmental scanning
• Identifies threats before they’re imminent
• Identifies possible opportunities and gaps in the market
1|Page
Nikkiwaite2@gmail.com
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller nicolawaite. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.84. You're not tied to anything after your purchase.
