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This OpenStax book is available for free at http://cnx.org/content/col28

330/1.8

highlights how businesses have altered their business strategies in response to these forces.

Catching the Entrepreneurial Spirit.This feature highlights the challenges and opportunities availabJle in small

businesses and other entrepreneurial ventures.

Managerial Leadership.It is generally agreed that in a turbulent business climate leadershipJ is an important

function of management that helps to maximize efficiency aJnd to achieve organizational goals. Leaders initiate

action, motivate organizations, provide guidance, build morale, and create a sense of confidence within the

organization and to outside stakeholders.quotesdbs_dbs17.pdfusesText_23