As an entrepreneur, you’ll face lots of tough and sometimes ethical decisions. In the situation described below, what do you think is the right thing to do. A potential customers wants to visit your place of business. Should you introduce friends as “employees” and “customers” so your firm looks bigger and busier?
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As an entrepreneur, you’ll face lots of tough and sometimes ethical decisions. In the situation described below, what do you think is the right thing to do. A potential customers wants to visit your place of business. Should you introduce friends as “employees” and “customers” so your firm looks bigger and busier?
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- 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 .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.
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