(2003) describes an entrepreneurial opportunity as: “...a situation in which a person can create a new means-end framework for recombining resources that the entrepreneur believes will yield a profit. This definition of an entrepreneurial opportunity is useful in that entrepreneurial opportunities are about two things: something happening in the environment (resources) and something to do with the individual (creation‚ beliefs‚ recombination). Since opportunities are not always profitable the key word
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SECTION 1 *Identification of the purpose of different types of organisation We have two main types of business organisations. Which are Profit-making organisations and Not-for-profit organisations. In the profit making organisation‚ we have the Sole traders‚ Partnerships and LLPs‚ Companies and The Franchises. While on the Not-for-profit organisation we have the Quangos‚ Voluntary‚ public sector bodies and the charities. *SOLE TRADER- This is a simple business that is easy to set up‚ and which
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well as identify changes in the business environment over the years and how this has affected the pub chain Wetherspoons. I will look into things such as the competative and external environment whilst finding key factors which are affecting the organisation. Meanwhile the company’s competitive strategies will be investigated. 2. PEST – External Environment I have been told to analyse the external environment and from this identify the key factors which are affecting Wetherspoons‚ the majority
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America‚ there was enough economic opportunity for a poor European to want to take the long boat journey across the Atlantic Ocean to start a new life. Europeans began immigrating to America creating colonies in the mid-eighteenth century. There were thirteen original colonies. A variety of religions and classes of people such as rich merchants‚ poor famers‚ and slaves moved to colonial America. Most‚ but not all were able to benefit from the economic opportunity in the new land. This essay will prove
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learning organization is a group of people working together to collectively enhance their capabilities to create results they really care about1 and popularized the concept of learning organization in his book “The Fifth Discipline”. Organizations‚ in present context‚ face huge and uncertain threat from factors of external environment. As a result‚ they have started to feel the need of creating the learning organization to facilitate the learning of their employees. However‚ it is vital to know about the
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TDA 2.5 Schools as Organisations 1.1: Identify the main types of state and independent schools. 1.2: Describe the characteristics of the different types of schools in relation to educational stage(s) and school governance. • Primary schools – funded by the Government and cover key stages 1 & 2. • Secondary schools – funded by the Government and cover key stages 3 & 4. • Academies – State maintained but independently run and cover key stages 3 & 4. • Nurseries
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Land of Opportunities I’ve been here for almost two months. Observing and listening to other people’s advice.. Back in the Philippines‚ I worked in the Government for about 8 ½ years.. being the chief of political affairs of our Mayor in the City‚ I have the opportunity in dealing with different kinds of people‚ from rich to the poorest‚ from (few only) kind politicians to (too much) corrupt Politicians. And most of the problems that I encounter are in Legal aspects. From land issue‚ to accidents
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choice but make sure it is a Matrix Organisation.Briefly relate its history and the emergence of the Matrix organization. Discuss the benefits and problems perceived by members of the organization in their use of the Matrix Organisation. Evaluate whether the Matrix Organisation is ideal for this organization. History Kohler Engineering is a large corporate that was formed in 1996 and is based in Harare .It specializes in the manufacturing and repair of trailers and agricultural implements. It
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The Career Opportunities for BSHRM Graduates The research aims to determine the performance of the Hotel and Restaurant Management graduated students particularly in University of Caloocan City – Camarin Campus. The researchers would like to know whether they excel on their chosen career. They decided to take on this study to know and understand different opinions from the BSHRM graduating and non- graduating students. As we all know‚ as we all know‚ the Bachelor of
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Emotions in Organisations What are emotions? Physiological‚ behavioural and psychological episodes experienced toward an object‚ person or event that create a state of readiness A feeling‚ psychological state and biological state that incline a person to act in a certain way Emotions are experiences. Emotion and Work As actors we all through the process of socialisation learn how to control and manage emotions in certain contexts Emotions are getting more important in service section –
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