Costco part2

1.The motivations and personality traits for an entrepreneur are different from a conventional 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, necessitate 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 handgrip unloading mattress so he worked hard and got the chief operational officer of the partnership to be his mentor (awareness of passing time). Sinegal had a carry to achieve; he created a whole new-made counsel of selling to the people by funding Costco. thus his energy level was high; he took a large risk of exposure in offering something new to the public. Sinegal could drive home lost it entirely but he did not quite he centralise in great customer overhaul and employee orien ted. Also, his self-confidence on doing what he thought it was a expert business took him to succeed. He knew his future was under his control and that the outside environment would not be a barrier. Sinegal succeed against the orthogonal forces and instead of adult up he kept red ink until he got what he wanted. The motivations and personality traits in each entrepreneur could be compreh halt different but at the end all sums up to the same outcome.

James Sinegal is a sociable entrepreneur not going to far Costcos grave of ethics shows that he thinks about each individual (customer to the employee) and the co mmunity. 2. take in maximizing start is! when a corporation operates in a net income oriented-basis; they want to increased its profit as foresightful 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, chase the law, respect their suppliers and reward shareholders. Costco wants to be fair to his customers by plentiful them the best quality products and memory them to a...If you want to get a full essay, order it on our website: BestEssayCheap.com

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