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Questions and Answers
The power cluster includes a set of character traits that reflect the degree of the interpersonal relations maintained by successful entrepreneurs in the ______.
The power cluster includes a set of character traits that reflect the degree of the interpersonal relations maintained by successful entrepreneurs in the ______.
community
It establishes the relationships of the entrepreneurs with the suppliers of raw materials, financial institutions, customers, competitors, the ______, employees, and all other stakeholders.
It establishes the relationships of the entrepreneurs with the suppliers of raw materials, financial institutions, customers, competitors, the ______, employees, and all other stakeholders.
government
The power cluster also defines how the entrepreneurs project themselves in the business ______.
The power cluster also defines how the entrepreneurs project themselves in the business ______.
community
The term power in this discussion does not connote autocratic control of the situation or having that bossy type of personality in entrepreneurial ______.
The term power in this discussion does not connote autocratic control of the situation or having that bossy type of personality in entrepreneurial ______.
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It simply refers to the ability of the entrepreneur to maintain the highest degree of interrelationship in the business ______ and influence others over to his/her line of reasoning.
It simply refers to the ability of the entrepreneur to maintain the highest degree of interrelationship in the business ______ and influence others over to his/her line of reasoning.
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In simple terms, the power cluster refers to the relationship and image of the entrepreneur in the ______.
In simple terms, the power cluster refers to the relationship and image of the entrepreneur in the ______.
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An entrepreneur in the power cluster is a persuasive and positive ______.
An entrepreneur in the power cluster is a persuasive and positive ______.
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Successful entrepreneurs are persuasive and can easily influence and win over to their side the other stakeholders in business such as customers, suppliers, and prospective ______.
Successful entrepreneurs are persuasive and can easily influence and win over to their side the other stakeholders in business such as customers, suppliers, and prospective ______.
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They are able to establish good and positive networking with almost all of the players in the business ______.
They are able to establish good and positive networking with almost all of the players in the business ______.
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The power cluster refers to the ability of the entrepreneur to maintain the highest degree of interrelationship in the business ______.
The power cluster refers to the ability of the entrepreneur to maintain the highest degree of interrelationship in the business ______.
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Study Notes
Power Cluster in Entrepreneurship
- Defines character traits related to interpersonal relations among successful entrepreneurs.
- Establishes connections with suppliers, financial institutions, customers, competitors, employees, and other stakeholders.
- Impacts how entrepreneurs project themselves within the business ecosystem.
Nature of Power
- "Power" does not imply autocratic control or a dictatorial personality.
- Refers to the entrepreneur's ability to foster interrelationships and influence others positively.
- Emphasizes relationship-building and maintaining a favorable image in the business community.
Characteristics of Entrepreneurs in the Power Cluster
- Entrepreneurs are persuasive figures, capable of influencing various stakeholders, including customers and suppliers.
- Efficient at creating positive networking across the business spectrum, integrating with diverse players.
- Recognized for their ability to maintain robust interrelationships, enhancing overall business dynamics.
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Description
Explore the concept of power cluster in entrepreneurship, focusing on how successful entrepreneurs maintain interpersonal relations with various stakeholders in the business community. Learn about the character traits and relationships that define the power cluster.
