11. Choose the business which comes under small business? Car Manufacturing Petroleum company Catering business Infrastructure based Construction business
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- 3. If someone starts a small business and never needs to hire employees, can they becalled an entrepreneur?Disscuss9) Define entrepreneurs and intrapreneurs, and discuss the relationship between them. What makes them different?1._______ A carefully constructed guide for the personstarting a business.2._______ A group of retired and active business peoplewho volunteer their services to small businessesthrough the SBA.3._______ A government agency that assists, counsels, andprotects the interests of small businesses in theUnited States.4._______ Money that is invested in small (and sometimes struggling) firms that have the potential tobecome very successful.5._______ Group of senior and graduate students in business administration who provide managementcounseling to small businesses.6._______ A business that is independently owned andoperated for profit and is not dominant in its field.7._______ A person or organization purchasing a franchise.8._______ A license to operate an individually ownedbusiness as though it were a part of a chain ofoutlets or stores.9._______ The actual granting of a franchise.10. _______ An individual or organization granting a franchise.a. venture capitalb. franchiseec. joint…
- What do you think enabled Jack Bonneau to start and grow a successful business at such a young age?Answer 25 question related with Small Business Mangemnt remember to include the complete question with your answer for each question. Thank you. 2. What is a franchise? 3. What makes franchising different from other forms of business? Be specific. 4. A ____________________ ___________________ gives a startup or small business the upper hand by allowing it to provide products or services that customer will choose over available alternatives. 5. Identify and describe at least four of the key terms in franchising. 6. How are family businesses different from nonfamily businesses? In what ways are they the same? 7. What advantages result from involvement in a business? What are some disadvantages? 8. What is a SWOT analysis? Why is it important to conduct this analysis? 9. What are some drawbacks to pursuing a focus strategy? 10. A _____________ ________________is a circumstance or development that alone could render a new business unsuccessful. 11. What are some of the nonquantitative…Gartner (1990) identified 90 attributes that showed up in definitions of entrepreneurs andentrepreneurship provided by entrepreneurs and other experts in the field. State and explainfive (5) of these attributes.
- As part of an organisation that promotes women entrepreneurship, please assist with writing abusiness plan for a group of women who wants to establish a Fitness Centre for women. Write out a businessplan for them that encompasses the following:- Details of the Enterprise- Executive Summary- Mission and Objectives- Business Information/description- Personnel and Organisation- Market information (Limit to location, target customers, strengths and weakness of the enterprise). thanks,______1. “entreprendre” means ___________________A. To undertakeB. To MakeC. To createD. To understand______2. Which of the following is the direct contribution of entrepreneurship to thegovernment?A. Entrepreneurship provides employment which enables employees to paytaxesB. Entrepreneurship provides goods and services which encouragesconsumers to purchaseC. Entrepreneurship adds more national income through business creationD. Entrepreneurship address the needs and wants of the government______3. Which of the following is the indirect effect entrepreneurship to the government?A. Entrepreneurship provides employment which enables employees to paytaxesB. Entrepreneurship provides goods and services which encouragesconsumers to purchaseC. Entrepreneurship adds more national income through business creationD. Entrepreneurship address the needs and wants of the government______4. The flexibility characteristics of entrepreneurs refers to ________________?A. Responds to changes if deemed…assume your are an entrepreneur starting a new business of plastic bags recycling into playground toy business. write a business plan following below heanding. 1. Executive summary 2.Company description (define mission, vision, company core strengths and which industry you are competing) 3.Industry analysis • Industry growth • Key players indirect compitater will be greentoy Inc • Services • Products offered 4. Problem identification – Gap analysis 7. Proposed solution to the identified problem 5Unique selling point 6 Target market analysis – Demographics, geographic, behavioral and Psychographic
- It is important for an enterpreneur to select an attorney as early as possible, when developing a business venture. It is critically important that the attorney be familiar with start-up issues. As a future entrepreneur, list and explain 5 of the consideration to take into matter, for selecting an attoney.Shutterstock was started by an amateur photographer who needed a little extra money on the side. The founder Jon Oringer saw a gap in the market and took it, setting up space online to sell stock images from his personal photo library.He teamed up his hobby of photography with his professional software skills and his side hustle creation became one of the world’s biggest stock companies. discuss core entrepreneurial competencies that relates to Shutterstock stable competencies, talent, recognition of opportunity, managingrisks, being creative in solving problems and building and using networkThe Founder 1) Even though drive-in restaurants were already popular in America in the 1950’s, they were not as successful as the fast food restaurant owned by the MacDonald brothers. List three reasons for this lack of success. 2) What production techniques did the Mac Donald brothers apply in their business to differentiate themselves from other similar restaurants? 3) Why were the MacDonald brothers reluctant to expand their business?What are the common disadvantages of business expansion? 4) Why did the rich franchise owners fail in their business? 5) What did Ray Kroc want to do to lower the costs? Why did the MacDonald brothers refuse to do it? 6) What did Harry Sonneborn, the financial expert, advise Ray Kroc to do tomake more profit? 7) What happened to the MacDonald brothers at the end of the film? Why? 8) Which adjectives would you use to define: a) Ray Kroc b) Mac and Dick MacDonald 9) Do you think that Ray Kroc is a good entrepreneur? Justify. 10) In…