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- Answer the following question, giving explanations and examples.1. It describes the internal and external business plan. What are thetypes of entrepreneurial business plans? How does an enterprise geta successful business plan?3. Why doesn’t being smart easily translate into being rich? 4. How do entrepreneurial dimensions of individuals, environments, and organizations interact to produce new ventures?1. Entrepreneurship, the concept has a huge meaning. When you hear the word, or when you think of an entrepreneur, what do you think of? 2. What do you think it takes to be a successful entrepreneur? What qualities must a person have (smart, serious, rich, etc.) to be an entrepreneur? What does it take for a person to be a successful business person? 3. If you were given one million dollars to start your own business, what are the steps you would take? What do you think you would need to start? What do you think you would need to continue to be successful? Think about how you would use one million dollars for a business idea and describe what you would do in 4-5 sentences. 4. Successful people often describe their relationships with mentors. If you could pick anyone to be your mentor in business, who would you pick and why? (It can be a celebrity, or a public figure) 5. A great business can find little success if no one knows about the company or product. What are some ways an…
- Do you agree that entrepreneurial success follows from personal effort, knowledge and practice rather than preordained destiny? Discuss1. Define the term entrepreneurship 2. If you will be the mayor/governor of your community someday, what incentives would you put into place to encourage entrepreneurship? 3. Describe the current environment for entrepreneurship. How does it differ from the environment pre-2000? 4. How do entrepreneurial ventures differ from small businesses?The most important reward of being an entrepreneur is: Select one: a. Independence b. Wealth c. Professional growth d. Personal satisfaction Technological improvements along an S-curve tend to be ________, building on prior developments, and taking place within an existing paradigm. Select one: a. Comprehensive b. Incremental c. Extreme d. Radical This role of entrepreneurship in economic development is when entrepreneurs combine the factors of production, and also introduces new ideas and new combination of factors. Select one: a. Promotion of capital formation b. Creating social change c. Creating innovation d. Wealth creation and distribution
- Direction: Do what are asked. 1.How do you describe an entrepreneur? ___________________________________________ 2. What are the contributions that an entrepreneur gives to the society? Mention at least 5. ____________________________________________ 3. Why is entrepreneurship important for students? ____________________________________________Discuss any three International or national firms that you think have developed entrepreneurial culture, and can face the challenges of being an entrepreneurial firm. Give reasons.1.What were some of the key customer, technology, and market trends that drove entrepreneurship during the last decade? What factors do you predict will drive entrepreneurial challenges in the next decade? 2. As a customer, list down all your dissatisfaction when you buy something from the store, go to the spa, transact with a bank, etc. What could be done to minimize your dissatisfaction?
- Emphasis on distinctive competencies, writing a business plan, and choosing an industry in which to compete, are some of the basic strategic challenges for entrepreneurial organizations. True False please explain1-What is ecopreneurship, AND how does Ecovision play a role? 2-Outline some specific recommendations for entrepreneurs to consider that promote environmental awareness.What should you do after you have written your company's vision?Several factors are driving the boom in entrepreneurship, including the portrayal of entrepreneurs as heroes, better entrepreneurial education, economic and demographic factors, a shift to a service economy, technological advances, more independent lifestyles, and increased international opportunities.