MGMT 101 Lecture Notes - Lecture 3: Santa Barbara City College, Intrapreneurship, Social Entrepreneurship
Document Summary
A manager"s biggest challenges what will make a difference in improving. Entrepreneurial spirit a necessary attribute of business, means taking risks to create a new enterprise. It is expressed through two kinds of innovators: business to try realising it. Entrepreneur someone who sees an opportunity for a product and launces a. Intrapreneur someone who work inside an existing organisation and sees an opportunity for a product, thus mobilising in the organisation"s resources to try and realise it. Social entrepreneurship use of entrepreneurial sills ad practices to achieve social missions and goals. Necessity entrepreneurs laid-off corporate workers, discharged military who suddenly must earn a living and simply trying to replace lost income. Opportunity entrepreneurs starts their own business out of burning desire. Being an entrepreneur is what it takes to start a business, being a manager is to grow or maintain it. Self-confidence and tolerance more for entrepreneurs.
