Psychiatrists diagnose and treat mental illness, such as depression, anxiety disorders, substance abuse, and schizophrenia. Most psychiatrists rely on a mix of medications and psychotherapy.
Corporate entrepreneurship is the process of creating new businesses from within an existing business through product and process innovations. In today's competitive environment, corporate entrepreneurship is a vital strategic management concept for all businesses regardless of size and stage of development.trategy is about making choices about the long-term direction of the company. Entrepreneurship provides diversity of choice and helps adopt more-effective strategies based on the changing competitive arena.
Definition. The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. The most obvious example of entrepreneurship is the starting of new businesses. In economics, entrepreneurship combined with land, labor, natural resources and capital can produce profit. Entrepreneurial spirit is characterized by innovation and risk-taking, and is an essential part of a nation's ability to succeed in an ever changing and increasingly competitive global marketplace.