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ENTREP MIDTERMS

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ENTREP MIDTERMSVersión en línea

HAHAA yko n

por Marguerite Ranielle Ramos
1

movement source merchandise support consumers flow goods supplier onvert services transform buyers

A supply chain describes the of and from its to the end - users ( ) and involve the processes that raw materials into final products or services .

2

requirements features influences affects necessities decides aspects determines

The supply chain the different of a business and the that will successfully sustain the flo w

3

successfully art science efficiently competently discipline skill effectively

management is the and of performing and different functions and processes .

4

growth sustains stability stability synthesis all entire maintains combination growth

Strategic management is the effective of functional areas that the and of an enterpris e

5

Financial Operations

The Four Core Functional Areas of Management

H - Human Resources Management
M - Marketing Management
F - Management
O - Managemen t

6

Planning Controllin Leading Organizing

Functions / Processes of Management

P -
O -
L -
C -

7

reassess worldwide established changing global evolving reexamine recognized

The Thrust for Corporate Entrepreneurship

The economy is profoundly compelling large enterprises to their purpos e

8

incompatible contradictory mutually exclusive

Earlier research concluded that entrepreneurship and bureaucracies were .

9

authority creativity concepts Innovation commitment Ideas dedication power

come from people . is the capability of many . That capability is utilized when people give to the missions and life of the enterprise and are given the to do something about their capabilities .

10

independent image obsolete large status improvements Venture changes innovations brightest

The need for corporate entrepreneurship and innovation has arisen as a result of :

1 . In contrast to previous decades , and , and are now very common in the marketplace . Thus , corporations must either innovate or become .

2 . Losing the people to entrepreneurship . This is due to the following developments :

a . The and of being an independent entrepreneur , appealing to both young and seasoned employees .
b . capital has grown into a industry , along with healthy capita ; funding markets , enabling more entrepreneurs to launch their ideas .

11

ample joint internal superfluous discretionary intrinsici unnecessary joint

Example programs that support innovation and venture development .

1 . Reduce bureaucracy , and encourage communication across departments and functions

2 . Use " venture capital " and special project budgets ( " intracapital " ) . Allow time for projects .

3 . Encourage projects and ventures among divisions , department and companies . Allow and encourage employees to discuss and brainstorm new ideas .

12

produce product of provide people group sell service purpose

A working together towards an agreed , utilizing different resources ( financial , physical , suppliers , etc . ) to , and then or either a or a for the local ( or global ) population to consume .

13

achievers services development climate competitive workforce maintain grow products conducive high new expand best

- Advantages of Fostering a Corporate Entrepreneurship Philosophy within an Organization -

1 . It leads to the of and that will help the organization to and .
2 . It creates a that helps the enterprise its posture
3 . It promotes a to which helps the enterprise motivate and keep its peopl e

14

value value combining new needs change Capitalism

is a process of creating by resources in ways
intended primarily to explore and exploit opportunities to create social by stimulating social or meeting social .

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