Entrepreneurship and Small Business Management

Section 1: Entrepreneur or Manager?

Section 14.1 Summary
When entrepreneurs open their business, they take on a second role-that of a manager. To be effective managers, they must adopt their leadership style and develop the necessary skills. Managers plan, organize, direct, and control, usually in that order. A plan determines the objectives or desired results of a business. There are three types of plans-strategic or long range, tactical or mid-range, and operational or short-term.

Section 14.1 Reading Organizer
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