Question

What is the meaning of managerial competency? What are the various types of competencies which can help entrepreneurs to realise their goals?

04 Sep 2025
Answer :
Word Count : 520
Managerial competency refers to the collection of skills, knowledge, behaviors, and attitudes that enable an individual to effectively manage tasks, people, and situations in order to achieve organizational goals. For entrepreneurs, managerial competency is particularly significant because they are not only required to generate ideas and innovations but also to transform those ideas into viable business ventures. Unlike managers in established organizations, entrepreneurs must operate under uncertainty, manage limited resources, and lead from the front to build and sustain enterprises. Therefore, developing a wide range of _________ _________ __________ ___ ________.
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