INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Autocratic model
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Custodial model
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Supportive model
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Collegial model
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Detailed explanation-1: -The Collegial Model This scheme develops the structure of an organization in such a way that there are no bosses or subordinates; instead, all employees work as colleagues on a team. Each of the employees has to participate and coordinate with each other to achieve the target rate.
Detailed explanation-2: -The collegial model traditionally was used theory is based on the principle of mutual contribution by employer and employees. Each employee should develop a feeling that he is a part of the whole and contributing something to the whole and recognizes the others contribution.
Detailed explanation-3: -Example: Self-managed blood donation camps where people voluntarily donate blood are an excellent example of the same structure. Effects of Collegial Model are as below: People are always in harmony with one another because the collegial model requires dependency and is based on teamwork.