ADM 3313 Lecture Notes - Lecture 1: Graduate Management Admission Test, Conflict Resolution

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Great companies can be built and all the capital, technology and latest information available cannot substitute for hard work and determination. An entrepreneur creates the culture in his or her own new venture. These ideals are at the very heart of the difference between good and great entrepreneurs and the enterprise they create. The eventual success of a new venture will depend a great deal upon the talent and behaviour of the lead entrepreneur and of his or her team. It is widely accepted today that leadership is an extraordinarily complex subject, depending more on the interconnections among the leaders, the task, the situation, and those being led than on inborn or inherited characteristics alone. People are motivated by 3 principle needs: o! The need for achievement. the need to excel and for measurable personal accomplishment. o! The need to influence others and to achieve an.

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