To determine:
You can increase your motivation to lead by increasing the scores on the three lowest-rated items in the survey. Identify these items and develop a plan for how you can change your behaviour in leadership situations at school and work. Work the plan and get feedback about your effectiveness.
Introduction:
For many businesspeople, the very last thing you might want to make an effort is managing people. You need to leave there and meet customers moreover plan dreadful products along with bring exciting recent opportunities about your overlook gateway. But unless you've hired people as far as produce the task of handling your employees, and after that you're still on the hook. There are a few minimum rated items that fact need to be progressed in the interest of the betterment going from the management. Leadership is often an important feature consisting of only social endeavors. The main difference in the midst of leaders along with managers is that one leaders have people follow them while managers have people who work in spite of them.
A successful business owner needs to be both a strong leader moreover manager in order to get their team on board up to persist with the system towards their vision in reference to success. leadership is about getting everybody that one may understand along with believe in your vision together with as far as work with you to achieve your goals as directing is more about administering and making sure the day-to-day things are happening as they should.

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Chapter 1 Solutions
MANAGEMENT (LOOSE PAGES)(TEXT ONLY)
- d. Reflect on the impact of infrastructure on entrepreneurial ventures like Savannah Organics. What improvements could help reduce barriers? (3 marks) e. How important was Thato's ability to innovate and adapt in overcoming environmental challenges? Provide examples from the case to support your answer. (3 marks)arrow_forwardaccreditation. Thato had to work with international bodies, adding complexity and expense to her operations. Despite these challenges, Thato capitalized on the strengths of the entrepreneurial environment. She formed partnerships with local agricultural cooperatives and NGOs, enabling her to access shared resources, knowledge, and training programs. She also collaborated with the government to participate in a public-private initiative promoting sustainable farming, which provided her with a modest grant. Thato leveraged digital platforms to connect directly with customers, eliminating intermediaries and offering competitive pricing. Her ability to innovate and adapt proved critical in sustaining her business, even during economic disruptions caused by the COVID-19 pandemic. By the end of 2023, Savannah Organics had expanded its operations to 15 hectares, supplying produce to supermarkets across the country and partnering with health-focused restaurants. Thato's journey highlights both…arrow_forwardA sharing economy can be described as an economic model in which goods and resources are shared by individuals and groups in a collaborative way such that physical assets become services. The sharing economy enables people and organisations to earn profits from underutilised resources. Discuss using relevant example and referencing the impact of sharing economy. (20 marks)arrow_forward
- There are a number of phases relevant used by most start ups other than those who follow the lean start-up approach. Under normal circumstances, entrepreneurs prefer to blend together the set-up, start-up and growth phases to release and continually revise products and services prototypes in response to customer feedback. Critically discuss in length using relevant examples and referencing what entrepreneurs need to consider during: a. The set-up phase of their business development. b. The growth phase of their business development. (10 marks) (10 marks)arrow_forwardPlease answer question 3. Provide in-text citations and references within 2019-2025. the company is a solar companyarrow_forwardaccreditation. Thato had to work with international bodies, adding complexity and expense to her operations. Despite these challenges, Thato capitalized on the strengths of the entrepreneurial environment. She formed partnerships with local agricultural cooperatives and NGOs, enabling her to access shared resources, knowledge, and training programs. She also collaborated with the government to participate in a public-private initiative promoting sustainable farming, which provided her with a modest grant. Thato leveraged digital platforms to connect directly with customers, eliminating intermediaries and offering competitive pricing. Her ability to innovate and adapt proved critical in sustaining her business, even during economic disruptions caused by the COVID-19 pandemic. By the end of 2023, Savannah Organics had expanded its operations to 15 hectares, supplying produce to supermarkets across the country and partnering with health-focused restaurants. Thato's journey highlights both…arrow_forward
- Case Study: Savannah Organics In the fast-developing economy of Botswana, a young entrepreneur, Thato Dlamini, decided to venture into organic agriculture. Inspired by the growing global demand for organic produce, Thato founded Savannah Organics in 2019, aiming to supply pesticide-free fruits and vegetables to urban markets. The company started with a modest 5-hectare plot on the outskirts of Gaborone. Despite its potential, Savannah Organics faced significant challenges linked to the entrepreneurial environment. Access to funding was one of the primary obstacles. Thato struggled to secure a bank loan, as the financial institutions required collateral far beyond her means. Her attempt to raise funds through grants was equally difficult, with bureaucracy and lack of clear guidance delaying her applications. Another challenge was the lack of supportive infrastructure. Irrigation systems and farm equipment were either unavailable locally or prohibitively expensive, forcing Thato to…arrow_forward4. The entrepreneurial environment is the combination of factors that affect entrepreneurs and their businesses. Thus entrepreneurial environment includes different types of entrepreneuship because have different aspirations and visions for the kind of businesses they want to create. a. Explain what an entrepreneurial ecosystem is. (2 marks)arrow_forward3. Securing needed financing is one of the most important functions related to starting a business. Therefore, it is important to understand what sources of financing exist at various stages of venture development. It is also important to determine what kind of financing provides the most value for the entrepreneur and the new venture. Equity financing is one way entrepreneurs use to access funding. a. What is equity financing? (3 marks) b. State and expain two (2) examples of equity funding. c. State three advantages of equity financing? (4 marks) (3 marks)arrow_forward
- 2. Define the following terms: a. Opportunity recognition b. Sharing economy c. Intrapreneurship d. Debt financing (3 marks) (3 marks) (3 marks) (3 marks)arrow_forward1. Design thinking is a deeply human process that taps into abilities we have as entrepreneurs but get overlooked by more conventional problem-solving practices. Its importance is to create value for customers, improve collaboration, foster creativity, develop resilience and of course to advance careers. Using the five (5) stages of design thinking process, state and explain how the process works. (10 marks)arrow_forwardgive brief peer-reviewed example of a single-supplier and multiple supplier sourcing strategy from within 2019-2024arrow_forward
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