Explanation : Administrative Entrepreneurship: The entrepreneurial activity under this category 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 competitive edge.
Total Quality Management, job redesigning, new techniques of doing things, participative management or management by consensus is a few of the examples of administrative entrepreneurship that increase overall organizational efficiency and that nukes the firm successful and sustainable in the competitive market environment.
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