characteristics of an established organization, such as its routines and structure, increase efficiency but at the same time any entrepreneurial spirit? Is there any way that a company can have their best of both worlds? 4
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- Find answers to the following questions:a. Why is an entrepreneurial attitude important in largecorporations today?b. What makes an entrepreneurial employee differentfrom other employees?c. How are these employees being rewarded, and arethe rewards worth the effort?A)What are the different types of Start-Ups? Explain it with an example the difference between Breakthrough innovation and Technical innovation? B)Explain the Entrepreneurial Process in your own words. What is Window for Opportunity? C)Consider an example of your own choice to explain the major differences between Entrepreneurship and Management when it comes to Decision making?A firm’s sound business model can contribute significantly to the ability to sustain business in the long run. Nevertheless, there is never a one-size-fits-all approach as different organizations with relative traits and attributes would probably require different business models that work. In a tabular format (using a table), describe the business model for three different organizations, namely a typical brick-and-mortar fashion retailer, a click-and -mortar high-street fashion retailer like Zara, and a pure-play e-commerce store like Boohoo. You should include all EIGHT (8) components, but you may indicate “Not applicable” in case they are not relevant.
- 1. As AdRoll grows, how will the structure of its organization change? What affect will that have on AdRoll? What affect will that have on the cul-ture of AdRoll? 2. What recommendations would you make to the founder(s) ofAdRoll in regard to harvesting its organization (sell, merge, selling to employees, I PO,etc.)? AdRoll’s expansion meant a lot for the company in terms of changes to its organizational structure and culture. AdRoll’s office was set up in a large room with lots of young people and dogs all work-ing in a fast-paced environment, which also facili-tated creativity. The question for AdRoll was would it be able to maintain this structure and culture as the company expanded and grew? As AdRoll expanded and grew, it was either going to have to work hard to maintain this openroom structure or change it to a more functional specialization structure. The problem with this was that the more functional structure might result in less creativity. This was dangerous for AdRoll…What are you to do as a budding entrepreneur in the following situations? 1. Iverson loves arts and crafts. With this in mind, he is contemplating doing a business out of his hobby and skills. What are some of the risks that he has to face? Give 1-2 examples 2. In their family business, Carla takes charge of getting more sales for the company and providing excellent customer service. One time, a new customer argued via private message, saying that she did not like how the sauce of the marinara was too sour for their family’s liking and added they prefer a sweeter one. How does Carla respond? 3. Jaymee and Jewelle saw an opportunity this pandemic to create DIY phone cases and introduce them via online means. What are some things you could do to make your product What are some things you could do to make your product become salable.? Give 1-2 examplesI need the answers to these questions for the Entrepreneurship and Innovation course.... 7- Technological spillover is a positive externality from R&D resulting from the spread of knowledge across organizational or regional boundaries. a. True b. False 4- Erison Group, an advertising company, wants to hire a creative head. Who among the following would be best suited for this position? a. An individual who completely adheres to the existing logic and paradigms and has extensive knowledge of the field b. An individual who has low tolerance for ambiguity and avoids taking risks c. An individual who has a moderate degree of knowledge of the field but is intrinsically motivated d. An individual who prefers to look at problems in conventional ways
- 1. What are the primary differences between a bottom-line management approach and a triple-bottom-line management approach? 2. Why do you think corporations would want to shift to the triple-bottom-line approach in today’s business environment?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 are the risks and benefits of becoming an entrepreneur as opposed to working for others? 2.What is the major challenge presented by competitors like Amazon and Uber to Grubhub's business?
- Q1)Explain the Entrepreneurial Process in your own words. What is Window for Opportunity?Consider an example of your own choice to explain the major differences between Entrepreneurship and Management when it comes to Decision making?The fundamental debate with regards corporate-level strategy is whether corporations are, and should be, run as federations of autonomous business units or as highly integrated organizations. Some authors argue that corporate strategists should view themselves as investors, with financial stakes in a portfolio of business units. Each business unit should be judged on its merits and given a large measure of autonomy, to be optimally responsive to the specific conditions in its industry. However, other authors are at odds with this view, pointing to the enormous potential for synergy that is left untapped. They argue that corporations should be tightly knit groupings of closely related business units that share resources and align their strategies with one another. Discuss in the context of the Portfolio Organisation versus the Integrated Organisation Perspective.Looking at our discussion on creative mind, innovation, risk taking etc... what new feature or component can you add to an umbrella/Payong? and why? (must be innovative, creative, relevant, feasible, new) (hehehe, explain why, 1, feature/component, justification.) * It is said that entrepreneurial development is significantly linked with the environment. Do you agree? Y/N? and why? ( 3 sentence max.,) McClelland, introduced the theory of need of achievement, believing that entrepreneurs should have adequate capacity of imaginations, thinking and developing new combinations, and the desire for high achievement. Explain your thoughts on this theory. ( Min. 3 sentence, max. 5)