Showing posts with label Entrepreneurship Chapter 2. Show all posts
Showing posts with label Entrepreneurship Chapter 2. Show all posts

What is Restoration orientation ?

Restoration orientation :



An approach to negative emotions based on both avoidance and a proactiveness toward secondary sources of stress arising from a major loss.

What is Loss orientation ?

Loss orientation :



An approach to negative emotions that involves working through, and processing, some aspect of the loss experience and, as a result of this process, breaking emotional bonds to the object lost.

Identify The seven leadership characteristics of a corporate entrepreneur.

The seven leadership characteristics of a corporate entrepreneur :


• Understands the environment
• Is visionary and flexible
• Creates management options
• Encourages teamwork
• Encourages open discussion
• Builds a coalition of supporters
• Persists

What is Proactiveness?

Proactiveness



It includes initiative and risk taking, as well as competitive aggressiveness and boldness, which are particularly reflected in the orientations and activities of top management. A proactive organization tends to take risks by conducting experiments; it also takes initiative and is bold and aggressive in pursuing opportunities. Organizations with this proactive spirit attempt to lead rather than follow competitors in such key business areas as the introduction of new products or services, operating technologies, and administrative techniques.

What is Self-renewal ?

Self-renewal



The transformation of an organization through the renewal of the key ideas on which it is built. Includes a redefinition of the business concept, reorganization, and the introduction of system wide changes to increase innovation.

Organizational innovativeness

Organizational innovativeness



Refers to product and service innovation. It includes new product development, product improvements, and new production methods and procedures.