LEARNING OBJECTIVES
1. Leadership
Management is defined as getting things done through others.
Leadership is defined as the social and informal sources of influence that you use to inspire action taken by others.
2. Entrepreneurship
Entrepreneurship is defined as the recognition of opportunities (needs, wants, problems, and challenges) and the use or creation of resources to implement innovative ideas for new, thoughtfully planned ventures.
3. Strategy
Strategy is the central, integrated, externally-oriented concept of how an organization will achieve its objectives.
Strategic management is the body of knowledge that answers questions about the development and implementation of good strategies.