Md4044: Entrepreneurship Theory & Practice Assessment Answer
Subject Code: MD4044 Internal Code: 1AIFGD
Entrepreneurship Theory And Amp; Practice - Report Writing Assignment Help
Assignment Task: MD4044 The saying goes: “You can’t make an omelette without breaking eggs.” Kets de Vries and Manfred (1985) state: “For some entrepreneurs … the high degree of energy necessary to achieve a dream has desires and needs behind it that if let loose can wreak havoc in an organization.” All people have strengths and weaknesses. The strength of an entrepreneur is to be able to create new and successful businesses. This is celebrated by the business community and encouraged by politicians because, among other things, it helps grow the economy and reduces the social costs of unemployment. The weaknesses of an entrepreneur may go un-noticed by many, but can be all to evident to those on the receiving end of their fury or sharp business practice. The infamous rage of Steve Jobs in pursuit of perfection built one of the largest companies in the world by creating some of the most desirable and most popular consumer products ever seen. So can you make an omelette without breaking eggs? Is the downside of difficult behaviour or shady business dealings an acceptable trade-off for the success and wealth that entrepreneurs create? Critically discuss this question. Make specific reference to the activities of two well-known entrepreneurs to help illustrate your position.
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