MGTA01H3 Chapter Notes - Chapter 3: Risk Aversion
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MGTA01H3 Full Course Notes
Verified Note
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Document Summary
( reading) week #4 | chapter 3 (to p. 43) Understanding entrepreneurship, small business and new venture creation. The links among small business, new venture creation, and entrepreneurship. It"s easy for a small business to fail. small business. An owner managed business with less than 100 employees. A recently formed commercial organization that provides goods and/or services for sale. The process of identifying an opportunity in the marketplace and accessing the resources needed to capitalize on it. The role of small and new businesses in the canadian economy. The part of the economy that is made up of companies and organizations that are not owned or controlled by the government. People who need friendly relationships, motivated by interaction with others. N-aff produces need to be liked, held in high regard. People who seek achievement, want to attain challenging goals. A person"s belief about what causes good or bad results in his or her life.
