Fundamentals of Management, 8th ed


Summary of Learning Outcomes and Key Points 119



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Summary of Learning Outcomes and Key Points 119

Discussion Questions 119

Building Effective Conceptual Skills 120

Building Effective Technical Skills 120

Skills Self-Assessment 121

Experiential Exercise 121

Management at Work 122

You Make the Call: The Embargo Grinds On 124

Endnotes 124

C H A P T E R 5

Entrepreneurship and New Venture Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 127

The Nature of Entrepreneurship 129

The Role of Entrepreneurship in Society 129

Job Creation

131

Innovation



132

Importance to Big Business

133

Strategy for Entrepreneurial Organizations 133

Choosing an Industry

133

Services,

133 • Retailing,

134

Contents

ix

Copyright 2016 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s).

Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.




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