As a Manager How Would You Ensure That Recognition Given to Employees Is Distributed Fairly and Justly Answers

A Diamond Personality

Group Members

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Fahad Kashmiri Taimour Masood Zawad Iftikhar M. Adeel Haider

08-0584 08-0400 08-0408 08-0539

Outlines

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Case Study Introduction to Entrepreneurship Analysis Conclusion

Abhisaz.com

‡ Abhisaz.com went public in 2003. ‡ 2004, Sales increased to 2.06m INR. ‡ Overall raise of 140% as compare to 2003. ‡ Abhisaz s Database constitutes 60,000 diamonds, Inventory net worth of 350m INR. ‡ Currently 250,000 INR overhead, and business is on breakeven point.

Introduction to Case Study

‡ Suraj Bhai, currently an entrepreneur moved from Surat to Delhi in 1985. ‡ Started work on jewelry shop. ‡ Diamond Grading Certification from Gemological Institute. ‡ Opened his own jewelry shop in 1997.

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‡ Initial Shortfalls. ‡ 1998, went online; found his first dealer. ‡ First 3 month turnover 200,000 INR. ‡ Strived his way as an intermediary.

Who is an Entrepreneur?

‡ An entrepreneur is an individual who owns a firm, business, or venture, and is responsible for its development. ‡ Entrepreneurship is the practice of starting a new business or reviving an existing business, in order to capitalize on new found opportunities. (paggu.com)

Traits of Entrepreneur

‡ Extraversion vs. Introversion

o Entrepreneurs are high on extraversion (Shane 2003)

‡ Openness to Experience

o Research confirms positive association between openness to experience and odds of being an entrepreneur. (Zhao and Seibert, 2006)

‡ Agreeableness

o Negative association between agreeableness and odds of being an entrepreneur.(Zhao and Seibert, 2006)

‡ Conscientiousness

o Entrepreneurs need to be high on conscientiousness since they need to be organized and deliberate to achieve their goals (Barrick and Mount, 1991. Nicolaou et al. 2008)

‡ Emotional Stability

o People who are emotionally stable are more likely to start their own businesses than people who are neurotic.(Rauch and Freese, 2007)

Analysis of...