8. •Ability to influence others
•Exercised to achieve goals
•Indicates interpersonal relations
•Mitigates conflicts
•Motivates others
•Key role in change
•Influence the employees positively
10. Putting the right product in the right place, at the right price, at the right time for
the right people, by the right people.
•Monitor client/consumer behavior
•Identify opportunities/threats
•Provide strategic inputs
•Creativity
•Communication
•Analysis and observation
12. Making decisions using-
•Good information
•Analysis and observation
•Consultation
•Good information
•Training
•Experience and aptitude
•Analysis skills
•Risk
15. Initiative means making
the first move.
Initiative
Entrepreneurs should
always be pro-active
and look out for new
business
opportunities.
They have to think
outside the box and,
at times, become
independent.
An example of an
entrepreneur who showed
initiative was Mark
Zuckerberg, the creator of
Facebook. He wanted to find
a way for people to share
media and stay connected. It
began as a site that only he
and other people on his
university campus used. Now,
however, it is global.
16. Determination in
business is the ability
to remain committed
during difficult times.
Problems may arise,
requiring you to work
longer hours, or make
less profit than
desired, but it is
important to remain
focused on what you
wish to achieve in the
end.
Determination
17. Entrepreneurs may need to come
up with unique solutions to
problems in order to make
themselves known.
Creativity