For your formative assessment, summarize the advantages and disadvantages of the following: Green Entrepreneurship Social Entrepreneurship Sharing Economy Use this format as your guide: Brief Definition Examples Advantages Disadvantages Social Entrepreneurship Green Entrepreneurship Sharing Economy
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For your formative assessment, summarize the advantages and disadvantages of the following:
- Green Entrepreneurship
- Social Entrepreneurship
- Sharing Economy
- Use this format as your guide:
Brief Definition |
Examples |
Advantages |
Disadvantages |
|
Social Entrepreneurship |
||||
Green Entrepreneurship |
||||
Sharing Economy |
Step by step
Solved in 2 steps
- 1. Explain the McMullen-Shepherd Model. 2. Identify and define the four types of questions/tasks related to increasing cognitive ability. 3. Describe sustainable entrepreneurship and give examples of economic, environmental, and social gains it can generate for others. 4. Entrepreneurs act on opportunities. The entrepreneur does not generally act without thinking. Hisrich discusses alternatives ways an entrepreneur thinks. Describe the difference between a causal thought process and an effectuation thought process. 5. Define superficial similarities and structural similarities. Which of the two is considered the more challenging for entrepreneurs? Explain.Women entrepreneurs are managing their time between business and family. What type of skills do they require to balance work and personal life? a. Team Building skills b. Interpersonal skills c. Communication skills d. Personal effectiveness skillsImagine that you’re the dean of your college and you’ve suggested that more entrepreneurship courses be taught throughout your college’s curriculum. You’re getting resistance from some professors who think that entrepreneurship is a fad. Make the argument that entrepreneurship isn’t a fad and is an extremely important topic.
- Determine two factors of P&G (Procter&Gamble) Entrepreneurship: Identify two entrepreneurs and specifically state what each entrepreneur has done to start, grow or maintain the business. (You have the option to exchange one of the entrepreneurs with an intrapreneur who serves in a leadership role within the organization.) Do not stop short by saying the entrepreneurs founded the organization. Do the research and provide meaningful and relevant information for each entrepreneur/intrapreneur that provides detail about the efforts they took to start, grow or maintain the business. Knowledge: Identify two specific uses of technology by the business to start, grow or maintain the business. Do the research and provide robust detail. The best way to locate a wealth of sources is to Google “how does [insert name of the business you selected] use technology to start, grow or maintain the business”.Compare and Contrast Entrepreneurship and Intrapreneurship? (Use a Venn Diagram)Based on your own perspective, explain in five (5) to seven (7) sentences the quotation related to entrepreneurial ideas. "Entrepreneurship is not about the idea of power, but the power of ideas."
- Which two areas of social entrepreneurship are most interesting? (a) For each area, list how an existing business might consider responsibility in that area. (b) For each area, describe a concept for a new venture that might contribute in that are and be economically viable.The characteristics of social entrepreneurs are generally not famous people. Why is that? And what causes the individual to be driven to become a social entrepreneur?Which of the following statements best describes the entrepreneurship context? a. Entrepreneurship occurs in a wide range of contexts.b. Social enterprises do not foster entrepreneurship.c. Entrepreneurship occurs in large corporations.d. Entrepreneurship occurs in small businesses.
- Which of the following best explains why TOMS Shoes is not an example of social entrepreneurship? a. TOMS is not privately owned - its largest shareholders are investment management companies b. TOMS is too large - it is a global corporation that brings in nearly $400 million in annual revenues c. TOMS's buy one get one model is not an innovation d. TOMS's buy one get one model does not solve a social problem stemming from an unjust equilibrium e. The revenue TOMS makes off of each pair of shoes sold is 13 times the value of each pair that is donatedWhich Common Myths about Entrepreneurs do you know? Which one seems more realistic for you? 250-300 wordExplain the following statement Entrepreneurship will transform learners to be innovators. How can entrepreneurship help the economy of a country? If you were an entrepreneur, which one of the fields of expertise of an entrepreneur would you be based on your choice of interest, talents, and other competencies? Why? Do you know any small business like a sari-sari store, talipapa or bakery in your barangay? Describe the nature of that business. What goods or services are offered by this business? What if this business does not exist? How would this affect your community? What can appropriate product and/or business be conceptualized during this COVID-19 pandemic? In case you want to build a business, what kind of business do you feel you're good in it or what nature of business do you want to build? List at least two businesses and why?