Case Study : Business Entrepreneurship Principles

All of the above industries have their relations with the consumers of the world, as well as the competition in the same industry. The world is changing every day with new ideas every day all industries.

-During discussion, the teacher will gauge how the students are following along with the “Shark Tank” Presentation.

Technological advances over the next ten years are projected to grow at an astronomic rate. As business owners you must consider carefully all of the affects the different forms of technological advances will affect your business.

Industry Growth………………………………………….10 Concentration………………………………………….….10 Differentiation and Switching costs……………………13 Scale Economies and Fixed/Variable Costs…………..13 Excess Capacity and Exit Barriers………………………14

As we head into the future, it important for any business organization to be prepared. The evolution of business technologically is rapid, and it’s important to

The three industries that stuck out to me were Landscaping, Pet Grooming and Fashion. Out of these three, Fashion stood out the most because of the future growth rate, which by 2025 it will grow 50% and in 2017 it’s already at 37%.

Opportunities: international market; co- operation with other bigger companies; launching of the new products; increasing tendency of the customer demand etc.

I have always been fascinated by the concept of the “American Dream”. Even if, nowadays, this concept is more and more criticize because some people believe that the structure of American society doesn’t follow anymore the idealistic goal of the “American Dream”, providing example such as inequality in class or race which suggest that the “American Dream” is not attainable for all. But to me the term “American Dream” stays unchanged: all people can succeed through hard work, and all people have the potential to live happy and successful lives. And in my mind, the entrepreneurship is one of the most famous way to achieve this “American Dream”. Steven BUYERS who is the founder and owner of EnergyLogic –a fast-growing company in Northern

What driving forces do you see at work in this industry? Are they likely to impact the industry’s competitive structure favorably or unfavorably? (Did we answer this question?)

These three sectors of the construction industry contributed $39.9 billion to the overall $73.8 billion. The second largest sector lies in residential construction contributing $23.4 billion.

- One who creates a new business in the face of risk and uncertainty for

|the industry and its challenges it is important to understand its various phases of growth so far. |

industry contains an untapped potential as a leading giant of the industry. The processes of the

This market has been great and active and the trends that are driving this growth industry . The first effective ones are greater marketing and advertising efforts, expending networks, and developing technology, for example, new service and applications, advanced messaging,data,and video transmission, location technology which expects to growth, and the companies try to concentrate on three goals : personal users, specialty business user, and general business user, and provide services package that fit with their needs.

Trends Affecting the Industry.........................1 Current State of the Industry.........................3 The Legal Environment.................................4 Industry Problems.....................................4 Franchise Opportunities...............................6 Current Trends........................................6 New Technology........................................7 SMALL BUSINESS FACTORS Startup Information...................................8