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- 5. Describe the five different kinds of rents. Give examples of how an entrepreneur might attempt to collect these. 6. How will firms employ their resources for growth? Explain the focus effects and synergy effects. 9. What are the five stages for assessing entrepreneurial opportunities?What opportunities or challenges do you foresee as you set off toresolve an issues and revive a business?if you onw a pendrive company. how do you plan to extend the business in the future.
- Is pivoting a sign of failure for a young company? Whyor why not?what would be the strategies to achieve these opportunities? (we are talking about dove's company). Only the strategiesHow would you describe the growth of this industry entrepreneurial project (Health Consulting Office with gym and health restaurant)
- Why is the entrepreneurial spirit vital to the health of thenation’s economy?Enumerate what are some effective strategies for funding a new business, and how do entrepreneurs decide which strategy is best for their specific needs?What are some effective strategies for funding a new business, and how do entrepreneurs decide which strategy is best for their specific needs?
- Choose four (4) activities that belong to stage 3 of the Entrepreneurial Process a. Your medical technology venture team only needs your mom, sister and dad, you don't need to hire trained technicians, doctors or even outsource to professional medical firm. The team can learn on the job b. Create fake financial records so that investors will be impressed c. Preparing the proper ethical and legal foundation d. Assessing a new venture’s financial strength and viability e. Social distancing is for clowns, and after curfew parties are best held in cane fields f. If you operate a restaurant bribe the health inspector so that you don't need a health permit g. Your bank manager is your girlfriend, who cares if the venture is financially feasible, she can't say no to me h. Do not pay taxes and pirate software to cut expenses i. Contact your local loan shark for some quick cash j. Building a new venture team k. Getting financing or funding1. Describe the four major growth strategies. 2. What are the main exit options from an entrepreneurial business?As a would be entrepreneur, write down 1 career opportunity that attracts you the most. indicate 2 core competencies you need to enhance to become successful in your choseen career?