MGMT 2140 Ch 1-6
the process of starting, organizing, managing, and assuming the responsib
Entrepreneurship
for a business
startup a beginning business enterprise
Effectuation the idea that the future is unpredictable yet controllable
social entrepreneurship pursues innovative ways to solve pressing social problems
a business that is owned and managed by multiple family members, typical
family enterprise
more than one generation
an entrepreneur who starts, grows, and sells several businesses throughou
serial entrepreneur
his/her career
works for large organizations that have history to look back on, doesn't wo
entrepreneurship process
well for startups
entrepreneurship method involves creating the future, not predicting it
The minimum possible expenditure of capital and other resources in order
Affordable loss
bring an entrepreneurial idea to market.
the ability to quickly sense, take action, and get organized under uncertain
Entrepreneurial mindset
conditions.
Improvisation to invent without preparation
, MGMT 2140 Ch 1-6
the assumptions held by people who perceive their talents and abilities as
Fixed Mindest
traits
the assumptions held by people who believe that their abilities can be
growth mindset
developed through dedication, effort, and hard work.
a process whereby people can influence and control their own behavior,
self-leadership actions, and thinking to achieve the self-direction and self-motivation nece
to build their entrepreneurial business ventures
a process that raises our awareness of how, when, and why we behave the
Self-observation
we do in certain circumstances
Self-goal setting the process of setting individual goals for ourselves
a process that involves compensating ourselves when we achieve our goal
self-reward
These rewards can be tangible or intangible
a process that allows us to examine our mistakes before making a consciou
self-punishment
effort not to repeat them
Does it really matter if we "believe" we yes
can succeed in something or not?
actions that involve using a stimulus to retrieve memories in order to make
search strategies or connections based on personal experience that are relevant to the curr
problem.
the process of starting, organizing, managing, and assuming the responsib
Entrepreneurship
for a business
startup a beginning business enterprise
Effectuation the idea that the future is unpredictable yet controllable
social entrepreneurship pursues innovative ways to solve pressing social problems
a business that is owned and managed by multiple family members, typical
family enterprise
more than one generation
an entrepreneur who starts, grows, and sells several businesses throughou
serial entrepreneur
his/her career
works for large organizations that have history to look back on, doesn't wo
entrepreneurship process
well for startups
entrepreneurship method involves creating the future, not predicting it
The minimum possible expenditure of capital and other resources in order
Affordable loss
bring an entrepreneurial idea to market.
the ability to quickly sense, take action, and get organized under uncertain
Entrepreneurial mindset
conditions.
Improvisation to invent without preparation
, MGMT 2140 Ch 1-6
the assumptions held by people who perceive their talents and abilities as
Fixed Mindest
traits
the assumptions held by people who believe that their abilities can be
growth mindset
developed through dedication, effort, and hard work.
a process whereby people can influence and control their own behavior,
self-leadership actions, and thinking to achieve the self-direction and self-motivation nece
to build their entrepreneurial business ventures
a process that raises our awareness of how, when, and why we behave the
Self-observation
we do in certain circumstances
Self-goal setting the process of setting individual goals for ourselves
a process that involves compensating ourselves when we achieve our goal
self-reward
These rewards can be tangible or intangible
a process that allows us to examine our mistakes before making a consciou
self-punishment
effort not to repeat them
Does it really matter if we "believe" we yes
can succeed in something or not?
actions that involve using a stimulus to retrieve memories in order to make
search strategies or connections based on personal experience that are relevant to the curr
problem.
