a. There is a new University built in your area. Write down six (6) opportunities you can take as an Entrepreneur to serve this University community to generate impressive wealth. b. Choose one of those opportunities you have identified in (1a) and write a business plan as an Entrepreneur for financial support from an investor

a. There is a new University built in your area. Write down six (6) opportunities you can take as an Entrepreneur to serve this University community to generate impressive wealth. b. Choose one of those opportunities you have identified in (1a) and write a business plan as an Entrepreneur for financial support from an investor

Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter4: Choosing A Form Of Business Ownership

Section: Chapter Questions

Problem 6DQ

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Similar questions

You are about to finish the business degree in near future. There are different options afterwards, most of the students seek job opportunities, and many of the students decide to manage their family businesses. In recent times, entrepreneurship studies got much interest among young graduates and people tend to establish independent units. If you choose to become an entrepreneur, why would you choose to be? In case you choose not to become an entrepreneur, what would be the reason? Also prepare your own SWOT analysis.
Imagine yourself as a entrepreneur / founder of a business . You want to expand the business and you need capital to that do . Your potential investors need to know about , Write a paragraph on each of the following points : • You ( and your related / relevant experience ) • Your product and it's market ( source of supply , level of demand etc ) • Your business idea • The reward they might obtain from investing in your business ( financial reward , prestige etc .
Entrepreneur don’t just start a business haphazardly, but before starting he/she identifies significant opportunities in the market. Describe in your own words your understanding about the above statement.
As a consultant, critically assess John’s entrepreneurial potential by identifying anddiscussing key characteristics and skills that are most critical to his entrepreneurial success.Provide relevant examples that will support the assessment (use examples from othertechnological innovators in this field, when discussing the characteristics and skills, thedetails from the examples must be clearly stated).
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.
Click on the following link http://www.npr.org/podcasts/510313/how-i-built- this which will take you to the NPR podcast "How I built this". Choose a business/entrepreneur and summarize how the entreprenuer built a success company. What were some of the struggles/hardships he or she endured along the way?
The keys to recognizing an opportunity lie in the knowledge and experience of the individual entrepreneur and where appropriate the entrepreneurial business. This prior knowledge is a result of a combination of education and Select one: a. Networks b. Prior knowledge of market c. Experience d. Entrepreneurial Alertness This segment of the market is very eager for new technology, "needing" new devices as soon as they are made available. They are intrigued by technology and like to explore it. Select one: a. Late Majority b. Innovators c. Laggards d. Early adopters
Almost anyone can develop the qualities necessary to succeed asan entrepreneur. To illustrate, consider this question.Who among the following is the most successful entrepreneur?Choose two persons rom the given scenarios then explain and justify. Give examples and situations to support your answers. 1. A 35 year-old farmer who has owned a two hectare pineappleplantation for 10 years, makes just enough to get by, but loveswhat he is doing, and calls everyone in the barangay a friend.2. A 30 year-old CEO of a software firm who works 70 hours aweek, stays stressed, never sees his family, but makes five millionpesos in revenue per year.3. A 35 year-old single mom who makes money online withinternets, and gets to spend all the time she wants with her kids.4. A 22 year-old college dropout who created a few websites thathe manages a few hours per week and now makes enough totravel the world, spends time with friends and family, and pursueshis favorite hobbies.
In your initial response, please respond to the following questions: 1. Why do some businesses succeed while others fail? List and explain three main reasons why businesses fail. 2. Starting a new business from scratch can seem like a daunting proposition. Accordingly, some entrepreneurs may choose to buy a business that is already established, or purchase a franchise from a business that already has name recognition.
Many entrepreneurs take initiative and do market research on a business idea before starting the business, or before even deciding to pursue the idea at all. Do you feel this is a good idea? Why or why not?
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