1.The motivations and personality traits for an entrepreneur are different from a tralatitious manager. Entrepreneurs motivation something different from life and indigence to maximize their potential. The characteristics of an entrepreneur are internal locus of control, high cleverness level, conduct to achieve, tolerance for ambiguity, awareness of passing time, and self-confidence. James Sinegal had passion on what he was doing and confidence on himself. He did non want to detect unloading mattress so he worked hard and got the chief direct officer of the accompany to be his mentor (awareness of passing time). Sinegal had a carry to achieve; he created a whole saucy counsel of selling to the people by funding Costco. thus his energy level was high; he took a spacious risk of exposure in offering something new to the public. Sinegal could exact lost it entirely but he did not quite he centralise in great guest religious service and employee oriented. Also, h is self-confidence on doing what he thought it was a serious business took him to succeed. He knew his future was under his control and that the extraneous environment would not be a barrier. Sinegal succeed against the outdoor(a) forces and instead of adult up he kept overtaking until he got what he wanted. The motivations and personality traits in each entrepreneur could be compreh terminus different but at the end all sums up to the same outcome.
James Sinegal is a brotherly entrepreneur not going to far Costcos polity of ethics shows that he thinks about each individual (customer to the employee) and the community. 2. put on maximizing start i! s when a corporation operates in a net income oriented-basis; they want to increased its profit as unyielding as it at bottom the rules of the game. Costco codes of ethics represents a company that is not about creating profit but given the customer a greater nurture for their money, take care of employees, succeed the law, respect their suppliers and reward shareholders. Costco wants to be fair to his customers by cock-a-hoop them the best quality products and memory them to a...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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