The positive contribution of high growth small businesses to the economic growth of countries is derived from a body of knowledge in the entrepreneurship domain. Small business growth could be sustained by a better understanding of entrepreneurial orientation. This study is based on the evaluation of entrepreneurial orientation of small businesses in the formal sector with specific reference to businesses in the Gauteng Province. The objective of the study is to analyse entrepreneurial orientation and perceived business success in small and medium-sized enterprises in Gauteng, with the focus on providing recommendations to enhance entrepreneurial activity in small and medium-sized enterprises. A literature review was conducted to explore entrepreneurial orientation and its perceived business success in small enterprises. The five dimensions of entrepreneurial orientation and the two variables measuring perceived business success were explored. A questionnaire constructed by Lotz (2009) was used to measure entrepreneurial orientation variables and perceived business success variables. A target group of 60 business owners was identified and questionnaires were distributed to them. A total of 42 questionnaires were returned but only 38 were deemed usable for the study. The validity of each variable was individually determined by the calculation of the Cronbach Alpha coefficient. Conclusions and recommendations for possible action steps to enhance entrepreneurial orientation were made, based on the empirical data obtained. / MBA, North-West University, Potchefstroom Campus, 2014

The positive contribution of high growth small businesses to the economic growth of countries is derived from a body of knowledge in the entrepreneurship domain. Small business growth could be sustained by a better understanding of entrepreneurial orientation. This study is based on the evaluation of entrepreneurial orientation of small businesses in the formal sector with specific reference to businesses in the Gauteng Province. The objective of the study is to analyse entrepreneurial orientation and perceived business success in small and medium-sized enterprises in Gauteng, with the focus on providing recommendations to enhance entrepreneurial activity in small and medium-sized enterprises. A literature review was conducted to explore entrepreneurial orientation and its perceived business success in small enterprises. The five dimensions of entrepreneurial orientation and the two variables measuring perceived business success were explored. A questionnaire constructed by Lotz (2009) was used to measure entrepreneurial orientation variables and perceived business success variables. A target group of 60 business owners was identified and questionnaires were distributed to them. A total of 42 questionnaires were returned but only 38 were deemed usable for the study. The validity of each variable was individually determined by the calculation of the Cronbach Alpha coefficient. Conclusions and recommendations for possible action steps to enhance entrepreneurial orientation were made, based on the empirical data obtained. / MBA, North-West University, Potchefstroom Campus, 2014

Pharmacy in South Africa changed dramatically the past decade. Legislative changes include the amendment of The Pharmacy Act in 2003 allowing for nonpharmacists to own pharmacies. This opened the door for national chain stores to change their business model by including a dispensary in their retail service offerings. The regulation of medicine prices impacted the profitability of the pharmacy industry. This caused a double edge sword to retail pharmacy – not only do they need to compete with national supermarkets on front shop products, their products, namely scheduled medication also are regulated in dispensaries. In an environment of rapid change and shortened product and business model lifecycles, the future profit streams from existing operations are uncertain. Businesses need to consistently seek out new opportunities and therefore firms may benefit from adopting an entrepreneurial orientation. Entrepreneurial orientation of retail pharmacists operating in corporate and independent pharmacies’ might play a role in survival of pharmacy business as a professional services provider for which a fee may be charged. The entrepreneurial orientation of retail pharmacists in independent and corporate pharmacies is explored. A literature study on the field of Entrepreneurship is conducted. The term entrepreneurial orientation, consisting of five constructs, namely autonomy, innovation, pro-activeness, risk-taking and competitive aggressiveness is defined. Perceived success of the industry is defined in terms of growth and development. An entrepreneurial orientation questionnaire was distributed among retail pharmacists operating in corporate and independent environments. Both ratings of the constructs and their evaluation of the perceived success of the industry has been measured, analysed and reported. The results obtained from the questionnaire and the in-depth interviews in conjunction with the literature review are used to draw conclusions and make recommendations. / Thesis (MBA)--North-West University, Potchefstroom Campus, 2013

Pharmacy in South Africa changed dramatically the past decade. Legislative changes include the amendment of The Pharmacy Act in 2003 allowing for nonpharmacists to own pharmacies. This opened the door for national chain stores to change their business model by including a dispensary in their retail service offerings. The regulation of medicine prices impacted the profitability of the pharmacy industry. This caused a double edge sword to retail pharmacy – not only do they need to compete with national supermarkets on front shop products, their products, namely scheduled medication also are regulated in dispensaries. In an environment of rapid change and shortened product and business model lifecycles, the future profit streams from existing operations are uncertain. Businesses need to consistently seek out new opportunities and therefore firms may benefit from adopting an entrepreneurial orientation. Entrepreneurial orientation of retail pharmacists operating in corporate and independent pharmacies’ might play a role in survival of pharmacy business as a professional services provider for which a fee may be charged. The entrepreneurial orientation of retail pharmacists in independent and corporate pharmacies is explored. A literature study on the field of Entrepreneurship is conducted. The term entrepreneurial orientation, consisting of five constructs, namely autonomy, innovation, pro-activeness, risk-taking and competitive aggressiveness is defined. Perceived success of the industry is defined in terms of growth and development. An entrepreneurial orientation questionnaire was distributed among retail pharmacists operating in corporate and independent environments. Both ratings of the constructs and their evaluation of the perceived success of the industry has been measured, analysed and reported. The results obtained from the questionnaire and the in-depth interviews in conjunction with the literature review are used to draw conclusions and make recommendations. / Thesis (MBA)--North-West University, Potchefstroom Campus, 2013

This study aims to examine corporate entrepreneurship within the risk and insurance industry, with specific reference to Marsh South Africa. An overview of Marsh South Africa is given with specific focus on the history, company structure and operating environment of the organisation. The factors that emphasises the need for corporate entrepreneurship within the risk and insurance industry is the growing demand for solutions that break the cycle of annual insurance renewals, the emergence of new exposures, and the approach taken by firms to analyse risk on a more comprehensive basis. In general the changing operating environment and the fact that Marsh operates in a regulated environment highlights the importance and need for corporate entrepreneurial strategies. The literature review defines entrepreneurship and specifically corporate entrepreneurship with particular focus on the various dimensions and determinants of corporate entrepreneurship and the crucial role that innovation plays. The core of the literature review and study in general focuses on the thirteen entrepreneurial constructs that constitutes the entrepreneurial climate and assesses an additional construct which is the perceived success of the organisation. The success of a company's entrepreneurial activity is reliant on the entrepreneurial climate that is present within the company. In this study, respondents indicates that a strong customer orientation, entrepreneurial leadership and a flat organisational structure are the most important constructs that constitute an entrepreneurial climate, which gives an indication that the company understands its clients and their needs. Resource availability and accessibility, innovation and creativity and tolerance for risks, mistakes and failure is ranked the lowest of all the constructs, indicating that certain aspects of the company's entrepreneurial climate need attention. Constructs measuring the perceived success of the organisation indicates that customer/market measures as well as process and financial measures plays a significant role. The future long-term success of the organisation and people development however requires more consideration. The study further assess any statistical significant differences between the gender, race and level of employment of the employees in relation to the entrepreneurial climate and perceived success of the organisation constructs and finds that no specific significant statistical differences exist. Several recommendations are made in order to improve the entrepreneurial climate at the organisation as it will contribute to the creation of increased organisational commitment and the future economic performance of the organisation. / Thesis (M.B.A.)--North-West University, Potchefstroom Campus, 2010.

This study aims to examine corporate entrepreneurship within the risk and insurance industry, with specific reference to Marsh South Africa. An overview of Marsh South Africa is given with specific focus on the history, company structure and operating environment of the organisation. The factors that emphasises the need for corporate entrepreneurship within the risk and insurance industry is the growing demand for solutions that break the cycle of annual insurance renewals, the emergence of new exposures, and the approach taken by firms to analyse risk on a more comprehensive basis. In general the changing operating environment and the fact that Marsh operates in a regulated environment highlights the importance and need for corporate entrepreneurial strategies. The literature review defines entrepreneurship and specifically corporate entrepreneurship with particular focus on the various dimensions and determinants of corporate entrepreneurship and the crucial role that innovation plays. The core of the literature review and study in general focuses on the thirteen entrepreneurial constructs that constitutes the entrepreneurial climate and assesses an additional construct which is the perceived success of the organisation. The success of a company's entrepreneurial activity is reliant on the entrepreneurial climate that is present within the company. In this study, respondents indicates that a strong customer orientation, entrepreneurial leadership and a flat organisational structure are the most important constructs that constitute an entrepreneurial climate, which gives an indication that the company understands its clients and their needs. Resource availability and accessibility, innovation and creativity and tolerance for risks, mistakes and failure is ranked the lowest of all the constructs, indicating that certain aspects of the company's entrepreneurial climate need attention. Constructs measuring the perceived success of the organisation indicates that customer/market measures as well as process and financial measures plays a significant role. The future long-term success of the organisation and people development however requires more consideration. The study further assess any statistical significant differences between the gender, race and level of employment of the employees in relation to the entrepreneurial climate and perceived success of the organisation constructs and finds that no specific significant statistical differences exist. Several recommendations are made in order to improve the entrepreneurial climate at the organisation as it will contribute to the creation of increased organisational commitment and the future economic performance of the organisation. / Thesis (M.B.A.)--North-West University, Potchefstroom Campus, 2010.

Since the early 1990s entrepreneurship education has experienced a significant interest and growth in South Africa, due to the fact that it plays a very important part in the success of businesses, whether it is a new or an existing business venture. Corporate entrepreneurship can be defined as the development of new ideas and opportunities within a large organisation and is characterized by individuals who are energetic, creative, innovative, self-confident and take calculated risks. When looking at the entrepreneurial orientation variables, Autonomy, Innovativeness, Risk-taking, Pro-Activeness and Competitive aggressiveness in any organisation, they require an acceptable climate to ensure that each dimension prosper. The line, middle and senior managers play an important role in entrepreneurial actions, whether it is part of creating the climate or driving the process once initiated. Entrepreneurial success factors such as creativity, innovation, risk orientation, leadership, good human relations, a positive attitude and perseverance, are all attributes of successful entrepreneurs. The primary research focus of this study has been to investigate the influence of entrepreneurial orientation variables (Autonomy, Innovativeness, Risk-taking, Pro- Activeness and Competitive aggressiveness) on the perceived success in a personal protective equipment organisation in South Africa. For the purpose of this study, the business success has been measured by means of two dependent variables namely Business growth and Business development and improvement. An empirical study has been conducted by using a questionnaire that measured five dimensions regarding entrepreneurial orientation. Data from 42 participants have been collected and analysed, and the results indicate that the organisation have certain aspects of entrepreneurial orientation present. The results show that the managers in the personal protective equipment business perceived that the entrepreneurial orientation variable Innovativeness have a positive influence on their Business Growth. An important relationship between the independent variable Innovativeness and the dependent variable Business development and improvement has been found to exist. Entrepreneurship and entrepreneurial orientation are more than just vibrant words in the industry; they play important roles in the survival and growth of organisations. It is also crucial to understand that the correct climate needs to be fostered within the organisation to ensure that all the various aspects of corporate entrepreneurship are achieved. The organisation will reap greater benefits that could contribute to the business staying the leader in the industry, being more competitive, creating new ventures, and introducing new products and services. The area of significant concern for the organisation is a low or poor tolerance for risktaking. Practical recommendations, suggestions and an action plan are presented in order to improve the entrepreneurial climate of the organisation. / MBA, North-West University, Potchefstroom Campus, 2015

In this study entrepreneurial orientation behaviour, with specific reference to a South African steel manufacturer was examined. The primary objective of this study is to investigate the impact of entrepreneurial orientation in the maintenance divisions on the perceived success of a South African steel manufacturer. A literature study was conducted to define entrepreneurship, intrapreneurship and the constructs of entrepreneurial orientation. The literature study investigated the characteristics of entrepreneurs as well as the benefits that results from entrepreneurial orientation. The determinants of entrepreneurial orientation and the measuring variables of perceived business success were investigated. An overview of the history, operations, management structure and demographics was given as well as the policies and plans pertaining to the maintenance divisions in the organisation which was the object of the study. The study population for the assessment was selected from the Cold Rolling department of the Vanderbijlpark Works of ArcelorMittal, South Africa. The department consisted of five Steel production plants. Questionnaires were administered to the target group of 267 maintenance employees, of which 174 usable questionnaires were returned on which statistical analysis were conducted. The data was tested for reliability by calculating Cronbach’s Alpha coefficients for the different variables of entrepreneurial orientation and perceived success of the organisation. The demographical data was analysed and presented. Descriptive statistics were calculated from the individual responses and presented for the different variables. The relationship between the gender of the repondents and the different entrepreneurial orientation variables was tested to determine whether there were significant practical differences in the means. Lastly, the influence of entrepreneurial orientation constructs on business success was determined and discussed. Conclusions were drawn from the demographic data as well as the different variables of entrepreneurial orientation and perceived success. Recommendations based on the assessment of the data, were made on relevant topics supporting the entrepreneurial orientation of maintenance employees in the study population. The suggested action plan was supported by the assessment, conclusions and recommendations that can be used to improve the entrepreneurial orientation and subsequently improve the perceived business success of the organisation. The study is concluded with analysis of the achievement of objectives of the study and suggestions made for further research that can be conducted. / MBA, North-West University, Potchefstroom Campus, 2015

The objective of this study has been to investigate the influence of an entrepreneurial orientation on the perceived success of personal protective equipment organisations in South Africa. For the purpose of this study, business success has been measured by means of two dependent variables, namely Business development and improvement and Business growth. Structured questionnaires have been administered to managers in one company that is perceived to be the current market leader in the personal protective equipment industry in South Africa. Construct validity of the measuring instrument has been assessed by means of a principal component exploratory factor analysis and by calculating Cronbach alpha coefficients. A literature study on the field of Entrepreneurship has been conducted. The term entrepreneurial orientation consisting of five constructs, namely autonomy, innovation, pro-activeness, risk-taking and competitive aggressiveness, is defined. Perceived success of the industry is defined in terms of growth and development. Both ratings of the constructs and their evaluation of the perceived success of the industry, have been measured, analysed and reported. The results obtained from the questionnaire in conjunction with the literature review, are used to draw conclusions and make recommendations. The study is based on perceived corporate entrepreneurship within the line, middle and senior management levels of SPPE, a division of SAMSAC Africa (Pty) Ltd. The year 2009, has marked a series of economic events that placed the personal protective equipment market under immense pressure to maintain its bottom line growth. The environment within the organisation is constantly changing. SPPE customers, which are mainly the mining industry, have pressurised SPPE to filter cost savings through to them to ensure that they, in turn, alleviate the pressure to cut costs. Costs have been identified as one of the key challenges facing the entire mining sector. In turn, the suppliers of SPPE have also been applying pressure to the company to increase their purchase price, due to increased labour, production and overhead costs. The strengthening of entrepreneurship is an important objective for any organisation that is building its responsiveness to a globalised and changing environment. For SPPE to face the pressures brought to bear upon them by their customers and suppliers respectively, and, coupled with fierce competition in the personal protective equipment industry, it is necessary to review its processes and actively search for new ways to increase its capacity for innovation and competitiveness. The results show that the managers in the participating personal protective equipment business have perceived that the entrepreneurial orientation factors of Pro-activeness, Risk-taking and Autonomy have a positive influence on their business’s development and improvement. A significant relationship within the dependent variable Business development and improvement has also been found to exist within the independent variable Competitive aggressiveness. Corporate entrepreneurship is seen as a critical component to organisational success, especially in organisations that operate in rapidly changing industries. Corporate entrepreneurship can be a solution to large organisations’ lack of innovation, stagnated top-line growth and the inaction that often overtakes the large, mature organisations of the world. Organisations need to consistently search for new opportunities and therefore may benefit from adopting an entrepreneurial orientation. Established organisations may in essence be forced to behave entrepreneurially within the organisation, in order to defend their positions in the market. Competitive successes for organisations require managers to make strategic choices. Strategy is about relating the organisation with its environment and entrepreneurship is about exploiting opportunities in the same environment. To enhance the entrepreneurial orientation in personal protective equipment businesses, it is recommended that the word “entrepreneurship” should specifically be included in the vision statement of the businesses, setting goals and developing strategies for entrepreneurship. The focus of the business then becomes opportunity identification, discovery of new sources of value, and product and process innovation that could lead to greater success. / MBA, North-West University, Potchefstroom Campus, 2014

Since the early 1990s entrepreneurship education has experienced a significant interest and growth in South Africa, due to the fact that it plays a very important part in the success of businesses, whether it is a new or an existing business venture. Corporate entrepreneurship can be defined as the development of new ideas and opportunities within a large organisation and is characterized by individuals who are energetic, creative, innovative, self-confident and take calculated risks. When looking at the entrepreneurial orientation variables, Autonomy, Innovativeness, Risk-taking, Pro-Activeness and Competitive aggressiveness in any organisation, they require an acceptable climate to ensure that each dimension prosper. The line, middle and senior managers play an important role in entrepreneurial actions, whether it is part of creating the climate or driving the process once initiated. Entrepreneurial success factors such as creativity, innovation, risk orientation, leadership, good human relations, a positive attitude and perseverance, are all attributes of successful entrepreneurs. The primary research focus of this study has been to investigate the influence of entrepreneurial orientation variables (Autonomy, Innovativeness, Risk-taking, Pro- Activeness and Competitive aggressiveness) on the perceived success in a personal protective equipment organisation in South Africa. For the purpose of this study, the business success has been measured by means of two dependent variables namely Business growth and Business development and improvement. An empirical study has been conducted by using a questionnaire that measured five dimensions regarding entrepreneurial orientation. Data from 42 participants have been collected and analysed, and the results indicate that the organisation have certain aspects of entrepreneurial orientation present. The results show that the managers in the personal protective equipment business perceived that the entrepreneurial orientation variable Innovativeness have a positive influence on their Business Growth. An important relationship between the independent variable Innovativeness and the dependent variable Business development and improvement has been found to exist. Entrepreneurship and entrepreneurial orientation are more than just vibrant words in the industry; they play important roles in the survival and growth of organisations. It is also crucial to understand that the correct climate needs to be fostered within the organisation to ensure that all the various aspects of corporate entrepreneurship are achieved. The organisation will reap greater benefits that could contribute to the business staying the leader in the industry, being more competitive, creating new ventures, and introducing new products and services. The area of significant concern for the organisation is a low or poor tolerance for risktaking. Practical recommendations, suggestions and an action plan are presented in order to improve the entrepreneurial climate of the organisation. / MBA, North-West University, Potchefstroom Campus, 2015