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Total quality management, job redesigning, new techniques of doing things and management by consensus are the examples of:  
  • a)
    Opportunistic entrepreneurship
  • b)
    Administrative entrepreneurship
  • c)
    Incubative entrepreneurship
  • d)
    Mass entrepreneurship
Correct answer is option 'B'. Can you explain this answer?
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Total quality management, job redesigning, new techniques of doing thi...
Administrative Entrepreneurship is centered around administrative techniques and functions. It gives a new option to handle prevailing or future situations in a more effective way that provides advantages and a competitive edge. Total quality management, job redesigning, new techniques of doing things, participative management or management by consensus are a few of the examples of administrative entrepreneurship that increase overall organisational efficiency and that nukes the firm successful and sustainable in the competitive market environment.
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Total quality management, job redesigning, new techniques of doing thi...
Administrative entrepreneurship refers to the adoption of entrepreneurial principles and practices within a traditional administrative framework. It involves the use of innovative strategies and techniques to improve organizational performance and achieve competitive advantage.

Total quality management, job redesigning, new techniques of doing things, and management by consensus are all examples of administrative entrepreneurship. Let's explore each of these examples in detail:

Total quality management (TQM):
TQM is a management approach that focuses on continuous improvement, customer satisfaction, and the involvement of all employees in quality initiatives. It emphasizes the importance of quality in all aspects of the organization's operations, from product design to customer service. TQM involves the use of various tools and techniques, such as statistical process control, quality circles, and benchmarking, to achieve and maintain high levels of quality.

Job redesigning:
Job redesigning involves reorganizing job tasks and responsibilities to improve employee productivity, satisfaction, and overall performance. It aims to create jobs that are more meaningful, challenging, and engaging for employees. Job redesigning may include the elimination of unnecessary tasks, the addition of new tasks that require higher skills, the enhancement of autonomy and decision-making authority, and the introduction of job rotation or enrichment.

New techniques of doing things:
New techniques of doing things refer to the adoption of innovative methods, processes, or technologies to improve efficiency, effectiveness, and competitiveness. This could involve the implementation of new production techniques, the use of advanced technology or automation, the adoption of lean principles, or the application of data analytics and artificial intelligence. By embracing new techniques, organizations can streamline operations, reduce costs, and enhance their ability to adapt to changing market conditions.

Management by consensus:
Management by consensus is an approach to decision-making that involves seeking input and agreement from all relevant stakeholders before making important organizational decisions. It emphasizes collaboration, participation, and shared responsibility. By involving employees, customers, suppliers, and other stakeholders in the decision-making process, organizations can gain diverse perspectives, build consensus, and increase commitment to the decisions made.

Overall, these examples demonstrate how administrative entrepreneurship can enable organizations to innovate, adapt, and thrive in today's dynamic and competitive business environment. By embracing entrepreneurial principles and practices, organizations can enhance their ability to identify and exploit opportunities, improve performance, and achieve sustainable growth.
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Total quality management, job redesigning, new techniques of doing things and management by consensus are the examples of:a)Opportunistic entrepreneurshipb)Administrative entrepreneurshipc)Incubative entrepreneurshipd)Mass entrepreneurshipCorrect answer is option 'B'. Can you explain this answer?
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