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Is The Entrepreneur just another manager

What are Entrepreneurs like? What are Managers like? Entrepreneur and Manager are there any different between those two persons? The purpose of this assignment is to conduct conceptual literature search and discuss the arguments, views, opinions and ideas set against the thesis question “The Entrepreneur is just another manager.” To find out the answer, therefore it is important to grasp is there any difference between entrepreneur and manager.

Written by Paul Thorne In the new general manager, he defined manager as a person who takes a piece of business and accepts the responsibility for producing a profit from it. They are ambitious, work driven, capable and for the most part, highly analytical. They are often left very much to their own devices, with limited specialist advice. According to Doug Richardson (CEM1998), Manager job is to manage the organisation. Management is the process of setting and achieving the goals of the organisation through the functions of management: planning, organising, directing (or leading), and controlling. Yet a manager must also plan, organise and control.

On the other hand, entrepreneur is the dreamer, the visionary. The entrepreneur loves cha

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In general entrepreneurs are moderate risk takers, entrepreneurial position involves putting one’s self at risk for the sake of the venture. ” I find that the roles of entrepreneur and manager suggest different types of personal skills. com/business/management/library/weekly/aa110198. They view this as a time-phased sequence of decisions. These resources often acquired significant milestones using very few resources. On the other hand managers are oriented toward consolidating, surviving, growing, power and influence- oriented. Entrepreneurs may jeopardise their financial security and the security of others in order to get started; they may also put marriages and friendships at risk through neglect and the prospect of business failure. Paul Thorne (1989) The New General Manager, London : Mcgraw – Hill Book Company

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3. This orientation is the most important when other opportunities have diminishing returns accompanied by rapid changes in the environment such as: technology, consumer economies, social values, or political rules. They usually agree with those in the upper management positions. The entrepreneur, true to his or her desire for independence, employs a flat organisational structure with informal networks throughout. The Entrepreneur sees opportunity in the changes in the appraisal market. The opposite is true for the entrepreneur who, under the pressures of limited resources, risk or obsolescence, need for flexibility, and the risks involved, strives to rent or otherwise achieve periodic use of the resources on an as needed basis.

Approximate Word count = 2595
Approximate Pages = 10 (250 words per page double spaced)

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