Managerial vs. Entrepreneurial Decision Making

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Decision making is important for every business. It plays a vital part of any business and a key role of its success. There can be two style of decision making in an organization: Entrepreneurial style and managerial style. These styles of decision making can be differentiated on five basis:

1. On the basis of strategy the entrepreneurs think from their perspective of the situations andopportunities; while managerial    style deals with the planning system as strategically oriented and is administrative in nature.


2. On the basis of commitment, the entrepreneurial domain is revolutionary with short duration; while managerial domain is  evolutionary with long duration.


3. On the resource availability aspect, the entrepreneurial domain has to maximize the use of the limited resources.while he managerial domain has the resources spread across and can   effectively control the resources


4. Organizational structure in the entrepreneurial domain is a well-organized hierarchical and formalized in nature. 


Rajagiri Center for Business Studies Kochi is one of the leading Management Institutions in India various specializations in MBA program. Located at Kakkanad, this B School in Ernakulam offers a serene environment, best hostel facilities, top learning infrastructures, best internship programs and top placements. Rated as one of the Best Business Schools in Cochin Kerala, Rajagiri have well experienced faculty who guide and give pathways to success for the candidates, So if you are planning for an MBA program in Kerala, then Rajagiri is the best choice for you.


To know more and admissions, visit : http://rcbs.rajagiri.edu/ 
Location: Kochi, Kerala, India

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