Question: Define entrepreneurship. How does it differ from management? Would you consider each of the following entrepreneurial or managerial? a. Bill Gates creation of the Microsoft
a. Bill Gates’ creation of the Microsoft operating system
b. Steve Jobs’ development of the iPhone
c. Warren Buffet’s investment success
d. WalMart’s strategy to locate in small towns
e. The use of teams and a flat company rather than a hierarchy
f. Newt Gingrich’s 1994 “contract for America”
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