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refers to the economic activity of a person who starts, manages, and assumes the risk of a business enterprise
refers to the economic activity of a person who starts, manages, and assumes the risk of a business enterprise
Entrepreneurship
which refers to the discovery or devising of new products and processes
which refers to the discovery or devising of new products and processes
Invention
which refers to the process by which the ideas and principles generated from the stage of invention are embodied in concrete products and techniques
which refers to the process by which the ideas and principles generated from the stage of invention are embodied in concrete products and techniques
Development
this refers to the actual introduction of a new product or process
this refers to the actual introduction of a new product or process
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is a formal document indicating the entrepreneurship’s adapted principles of appropriate behavior.
is a formal document indicating the entrepreneurship’s adapted principles of appropriate behavior.
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a theory of management which studies the application of scientific methods and principles for the purpose of redesigning the work process to increase efficiency.
a theory of management which studies the application of scientific methods and principles for the purpose of redesigning the work process to increase efficiency.
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an American engineer, was the first to advocate scientific management.
an American engineer, was the first to advocate scientific management.
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Taylor is called the
Taylor is called the
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believed in regulation and consistency in the workplace. Rather than encouraging a company of many working parts, they valued efficiency above all else.
believed in regulation and consistency in the workplace. Rather than encouraging a company of many working parts, they valued efficiency above all else.
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focuses on the overall management of an organization, emphasizing the role of managers as administrators of the organization.
focuses on the overall management of an organization, emphasizing the role of managers as administrators of the organization.
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