1. Market Orientation
... risks. In addition, Hayes and Wheelwright (1984) argue that a market orientation can limit a company's focus to only the expressed needs of customers and, therefore, only adaptive learning. The second characteristic, entrepreneurship, is defined as valuing traits, proactiveness, receptivity to innovation and active resistance to bureaucracy (Narver and Slater, 1995). Entrepreneurial values support the creation of ... an aspect of a group's culture affects the group's capacity to innovate. They report that the more emphasize a group's culture is on participation, open decision making and ...
- Word Count: 5010
- Approx Pages: 20
- Has Bibliography
- Grade Level: Undergraduate