Entrepreneurship vs. Management — What's the Difference?
Difference Between Entrepreneurship and Management
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Compare with Definitions
Entrepreneurship
Entrepreneurship is the creation or extraction of value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones.
Management
Management (or managing) is the administration of an organization, whether it is a business, a non-profit organization, or a government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources.
Entrepreneurship
The activity of setting up a business or businesses, taking on financial risks in the hope of profit
The new business opportunities have encouraged entrepreneurship on a grand scale
Management
The process of dealing with or controlling things or people
Businesses were slow to adopt the key elements of environmental risk management
The management of the economy
Entrepreneurship
A person who organizes, operates, and assumes the risk for a business venture.
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Management
Trickery; deceit
If there has been any management in the business, it has been concealed from me
Entrepreneurship
The art or science of innovation and risk-taking for profit in business.
Management
The act, manner, or practice of managing; handling, supervision, or control
Management of factory workers.
Entrepreneurship
The quality of being an entrepreneur.
Management
The person or persons who control or direct a business or other enterprise.
Entrepreneurship
The activity of organizing, managing, and assuming the risks of a business enterprise.
Management
Skill in managing; executive ability.
Management
(uncountable) administration; the use of limited resources combined with forecasting, planning, leadership and execution skills to achieve predetermined specific goals.
Management
The executives of an organisation, especially senior executives.
Management
(uncountable) Judicious use of means to accomplish an end.
Excellent time management helped her succeed in all facets of her life.
Management
The act or art of managing; the manner of treating, directing, carrying on, or using, for a purpose; conduct; administration; guidance; control; as, the management of a family or of a farm; the management of a business enterprise; the management of state affairs.
Management
Business dealing; negotiation; arrangement.
He had great managements with ecclesiastics.
Management
Judicious use of means to accomplish an end; conduct directed by art or address; skillful treatment; cunning practice; - often in a bad sense.
Mark with what management their tribes divideSome stick to you, and some to t'other side.
Management
The collective body of those who manage or direct any enterprise or interest; the board of managers.
Management
The act of managing something;
He was given overall management of the program
Is the direction of the economy a function of government?
Management
Those in charge of running a business
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