In the early 1990s, the virtual organization was a relatively new concept and certainly had yet to benefit from the Internet, which didn’t affect the business sector in any significant way until 1885. The term virtual organization was borrowed from the science of virtual reality, which enables a person to […]
management
 People’s attitudes towards time are complex and variable. If you want to use your time efficiently to accomplish all that you need to do at work and at home, you need to be aware of the current habits and attitudes that shape your use of time. CHANGING ATTITUDES Our attitudes […]
Opportunity Recognition For entrepreneurs to exist and thrive there must be opportunities to develop new goods and services, means to gather the resources to produce these good and services, mechanisms to bring them to market at a price greater than their cost of production. What differentiates entrepreneurial opportunities from other […]
Crisis management is the process companies used to respond to short-term and immediate shocks, such as accidents, disasters, catastrophes, and injuries. It is not easy to generalize about how to manage in a crisis. As one crisis management adviser has written, “It is true that every corporate crisis is unique; […]