Discuss three major ways in which managerial and entrepreneurial decision making differs.
Eight areas of difference students can choose from:
1.strategic orientation
2.commitment to opportunity
3.commitment of resources
4.control of resources
5.management structure
6.reward philosophy
7.growth orientation
8.entrepreneurial culture
Basic differences in each dimension:
Source:This table is taken from T.Brown,P.Davidsson,and J.Wiklund,"An Operationalization of Stevenson's Conceptualization of Entrepreneurship as Opportunity-Based Firm Behavior," Strategic Management Journal 22 (2001).
Correct Answer:
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