GMS 200 Lecture Notes - Lecture 7: Force Works, Strategic Thinking, Visible Minority

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Lori Anne Heckbert

Document Summary

Strategic thinking and risk-taking behaviour that results in the creation of new opportunities for individuals and/or organizations. Risk-taking individuals who take action to pursue opportunities and situations others may fail to recognize or may view as problems or threats. People who introduce a new produce or operational change in an existing organization. Have tried more than one business venture. Have strong interests in creative production and enterprise control. Become entrepreneurs between 22 and 45 years of age. Reasons for women and members of visible minorities becoming entrepreneurs: Provide a pathway to career success that may be blocked otherwise. Money is the key to entrepreneurial success. You have to be young to be an entrepreneur. You must have a degree in business to be an entrepreneur. A unique form of ethical entrepreneurship that seeks novel ways to solve pressing social problems. Social enterprises have a social mission to help make lives better for underserved populations.