Introduction At the mercy of the development of the society, the development of the enterprise is

“It is now very clear to us that you cannot run a business half-heartedly. Clear, good decisions cannot be made at the last minute; time and energy must be put into every decision in order to do well in the business world.”

Groupon an American world wide E-commerce market place was launched in 2008. It connects millions of subscribers with local merchants by offer travel, goods, and services in more than 28 countries.

Slowly he became market leader for that product. Entrepreneurship has been defined by several researchers as the progression of making a product or service valuable by gathering a distinctive set of resources and opportunities. This procedure comprises the set of accomplishments to recognise opportunities, business classification, evaluation and obtaining the essential resources, management and getting positive results. Furthermore, entrepreneurship has been seen as an organizational coordination that underlines the three extents: innovation, taking calculated risks and proactive orientation. There are many indications to provision the idea that the businesses which were engaged in entrepreneurial practices have been most effective and successful (Hills, Hultman & Miles, 2008).

To me, entrepreneurship is completely dedicating yourself to creating something out of nothing, finding an opportunity and taking full advantage of it while embracing new challenges every day. Social Entrepreneurship is an integrated part of Entrepreneurship that aims to use business to

Background The Entrepreneurial Approach - Entrepreneurship is from a French word meaning "a person who undertakes innovations and risks in business in an effort to transform ideas into economic goods." In modern business jargon, it has become more of a description of a mind-set, one who will take risks in order to result in gain; one who will use the spirit of innovation and throw off the shackles of "rules" to success in whatever organization that may be (Searching for the Invisible Man, 2006)

“An entrepreneur tends to bite off a little more than he can chew hoping he’ll quickly learn how to chew it.” (Roy Ash)

The role of entrepreneurship in the economy of a country is to inspire new business ventures that support wealth

Entrepreneurship is difficult to define throughout its history research. Even nowadays, this concept is still a debatable point (Rajendra, et al., 2017). Based on four decades of research, Gartner (1988) concludes that entrepreneurs are founders of new firms. Shane and Venkataraman (2000) consider entrepreneurship as “a new venture’s risk-taking endeavor seeking an opportunity” and Fortunato (2014) adds innovative value into the concept of entrepreneurship. Thus, research on the definition of entrepreneurship continue. According to those diverse views, I will interpret six unique entrepreneurial characteristics and theoretically analyze each one. Risk taker, need for achievement and proactivity as my strengthens will be illustrated with my experience. Innovativeness, internal locus of control and tolerance for ambiguity are my weaknesses, thus I will describe relevant successful Entrepreneurs’ experiences.

Thesis Statement: The economy is for ever changing toward what has control of demands, the environment of entrepreneurship is high on the charts, however the small business are surviving equally with the large businesses.

The economy is composed of enterprises and businesses. Our economy has survived because the industry leaders had been able to adapt to the changing times and supplied mostly the communities’ needs. Entrepreneurship produces financial gain and keeps the economy afloat, which gives rise to the importance of innovation in entrepreneurship. Entrepreneurs are innovators of the economy. The importance of innovation in entrepreneurship is another key value for the longevity of a business. And, being innovative has helped us become successful in all our endeavors.This leads me to choose my higher education in “Master of Business Administration

Alibaba Group has a number of business and also from associated company’s business and services support on the business ecosystem. Business and associated company’s business include: Taobao, Tmall, bargain, the global speed sell tong, Alibaba international trading market, 1688, Ali mother, Ali cloud, the ant gold, novice network, etc.

In Douglas McGregor’s The Human Side of Enterprise (2006) brings attention to the managerial assumption of human behaviors. McGregor explains that there are two groups that the manager’s assumption falls under and they are Theory X or Theory Y. Theses theories were developed in the 1960’s at MIT Sloan School of management. Both theories describe a dissimilar organizational motivation. In the book, McGregor explains that managers who use the Theory X style assume that their employees are disinterested and will avoid working if they can. McGregor explains, “every managerial act rests on assumptions” (McGregor, 2006, p. 8). In result, managers believe that their workers should be supervised and “coerced, controlled, directed, [and] threatened with punishment to get them to put forth adequate effort”. (McGregor, 2006, p. 45). This is to make sure that the employees are doing their job in a sufficient manner. According to McGregor, employees will be less motivated and will not perform to their best ability without an incentive program and will avoid taking on responsibility. (McGregor, 2006, p. 53) On the other hand, Theory Y has a different approach than Theory X. In theory Y managers assume that their employees are self-motivated and believe that their employees do not “inherently dislike work” (McGregor, 2006, p. 65). Managers who participate in Theory Y believe, given the proper conditions, their employees will accept responsibility of exercising

International Web use and access are growing exponentially, and many businesses are wanting to capitalize on this trend and grab their fair share of this global market. English-speaking audiences are not expected to continue to dominate this market. Certainly, more than a literal translation will be required to reach this culturally diverse audience.

Entrepreneurships often quoted definition is that it is about the “discovery and exploitation of opportunities” (Shane & Venkataraman 2001). Why is innovative entrepreneurship important? Innovative entrepreneurship plays an important role in today’s society across different countries and institutional contexts and by contributing to economic development, it is a catalyst for institutional development and structural change, and it helps addressing challenges that policy makers are trying to overcome. Such challenges include economic growth, climate change, sustainable development, maintaining biodiversity, socioeconomic issues, job creation and poverty. The level and type of impact

There have been many different approaches to management theory. Each theory has made an important contribution to the way managers operate in different organizations. Douglas McGregor is perhaps one of the most interesting theorists in my opinion because he chose to approach management from two different perspectives. Douglas McGregor created two distinct assumptions about the employee. He called his assumptions Theory X and Theory Y. Douglas McGregor wrote a book, The Human Side of Enterprise, which was published in 1960. In this book McGregor goes into great detail describing his management theories, which have been impacting management styles for over 50 years.