1.The motivations and personality traits for an enterpriser are different from a conventional manager. Entrepreneurs motivation something different from life and indigence to maximize their potential. The characteristics of an entrepreneur are internal locus of control, high cleverness level, spot to achieve, tolerance for ambiguity, awareness of passing time, and self-confidence. James Sinegal had passion on what he was doing and confidence on himself. He did non want to respect unloading mattress so he worked hard and got the chief operational officer of the family to be his mentor (awareness of passing time). Sinegal had a carry to achieve; he created a whole new-sprung(prenominal) counsel of selling to the people by funding Costco. thence his energy level was high; he took a massive risk of exposure in offering something new to the public. Sinegal could provoke lost it entirely but he did not sooner he centralise in great client military service and employe e oriented. Also, his self-confidence on doing what he thought it was a near(a) business took him to succeed. He knew his future was under his control and that the orthogonal environment would not be a barrier. Sinegal succeed against the remote forces and instead of adult up he kept passage until he got what he wanted. The motivations and personality traits in each entrepreneur could be compreh remnant different but at the end all sums up to the same outcome.

James Sinegal is a well-disposed entrepreneur not going to far Costcos enter of ethics shows that he thinks about each individual (customer to the emp loyee) and the community. 2. addition ma! ximizing start is when a corporation operates in a net income oriented-basis; they want to increased its profit as extensive as it at bottom the rules of the game. Costco codes of ethics represents a company that is not about creating profit but given the customer a greater nurture for their money, take care of employees, observe the law, respect their suppliers and reward shareholders. Costco wants to be fair to his customers by adult them the best quality products and memory them to a...If you want to get a full essay, order it on our website:
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