Roles and Functions of the Entrepreneur in relation the Enterprise as per Kilby: Developing Exchange Relationships : 1. Perceiving market opportunities 2. Gaining command over scarce resources 3. Purchasing inputs 4. Marketing of Products and responding to competition Political Administration : 1. Dealing with public bureaucracy (approvals, concessions, taxes) 2. Managing human relations within the firm 3. Managing customer and supplier relations. Management Control: 1. Managing finance 2. Managing production Technology: 1. Acquiring and overseeing assembly of the factory 2. Industrial engineering (minimising inputs with a given production process) 3. Upgrading the production process and product quality 4. Introducing new production techniques and products. |