Tuesday, May 14, 2019

Retail strategy Essay Example | Topics and Well Written Essays - 1500 words

Retail strategy - Essay ExampleFurther to him, these studies carry noted some quite common traits among the existing entrepreneurs with respect to the need for complete achievement, the perceived venue of control and measure, are orientated toward initiative thinking and have a risk taking disposition in them.According to Beech, W (2001), an entrepreneur is driven by the need to fabricate something new or build something tangible for others to follow. Also, entrepreneurs are described as human beings who are most of the times active in the creative destruction of products and services which exist. All in all, since new enterprises have low chances of achiever rates, an entrepreneur must also have consider satisfactory persistence if he/she is to attain the set goals.A crisis of management often arise when the entrepreneur fails to recognize that, running a large company which is motionless is quite different from running a small growing company. This problem is often resolved by the entrepreneur leaving the organization and going to tart a new ventureAnother rendering has it that, an entrepreneur is a person with the ability to see what others who came before missed. Further, he/she is a person who is able to make connections between things that others had not and are not capable of. He/she combines to work together to create that which had not existed before (Carey, C 2001). Often, the entrepreneur is not the one who actually creates the new goods or services, and he/she is the one who has the vision of how that idea can be transformed into reality for the benefit of everyone (Carey, C 2001).The entrepreneurs creativity is different from the creativity known. His/her creativity finds ways for the ideas which he/she has formulated to enter the market trust as well as being of benefit to all of the society. Entrepreneurs in most cases reward those who came up with the new ideas in the first

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