For a long time men have been assumed to be the key players in the business world. This is because of the stereotypic beliefs that men have better entrepreneurial and managerial skills than women. However, I would personally consider this assumption to be wrong. This is because in most parts of the world women have been empowered and informed about their rights. The days of being housewives and charging women with the core tasks of raising children are long gone. More and more women are focused on acquiring higher education and this has equipped them with the necessary skills to build careers in different fields. In the business world, a number of women have already become popular because of their successful business empires. A good example is Oprah Winfrey who has been able to successfully build her career in the media business and is currently celebrated as one of the richest women in the world. She was able to use her wit, tactics and managerial skills to gradually build her business and make it successful. It is therefore time the world recognized women as being able to equally deliver just like men if given the opportunity to put their skills into use. There is also a current trend whereby large business enterprises are giving women the top leadership positions in their organizations. Austin and Peters (1985) argue that women portray a higher degree of leadership and organization as opposed to men. This partly explains why more women are taking the positions of chief executive officers in many companies than men. Despite their position however, women are still paid less than their male counterparts in the same position. This creates a need for policies that will ensure women’s rights with regards to pay are well addressed because they level of delivery is equal and in some instances even higher than that of their male colleagues. Further to this, studies indicate that most women who graduate...
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