10 Questions
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.
government
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 ______.
activities
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.
community
In simple terms, the power cluster refers to the relationship and image of the entrepreneur in the ______.
community
An entrepreneur in the power cluster is a persuasive and positive ______.
networker
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 ______.
creditors
They are able to establish good and positive networking with almost all of the players in the business ______.
community
The power cluster refers to the ability of the entrepreneur to maintain the highest degree of interrelationship in the business ______.
community
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.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free