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?
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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?
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- What strategic analysis tools from the previous chapter would a manager use when planning a strategy for an existing business? What tools would be most helpful for a start-up business?Q1)What are the different types of Start-Ups? Explain it with an example the difference between Breakthrough innovation and Technical innovation? Q2)Explain the Entrepreneurial Process in your own words. What is Window for Opportunity? Q3)Consider an example of your own choice to explain the major differences between Entrepreneurship and Management when it comes to Decision making? Q4)What are the skills needed for an Entrepreneur to minimize the Risk in this modern world? Q5)What is the difference between Gordon method and Brainstorming? Q6)What are the important factors that an Entrepreneur should keep in mind when conducting business activities across national boundaries? Q7)What are the methods of generating new ideas? Explain why criticism is not allowed during group Brainstorming activity?The written report of your new entrepreneurial firm based on the criteria given below.1. Identify and discuss business to be ventured into: background of business, product, service and industry. 2. Identify its business strategy: the desired image and position in the market and SWOT analysis. 3. Marketing strategy: target market, advertising and promotion strategy, pricing structure and its distribution strategy. 4. Competitor analysis: identify the existing competitors and potential competitors. 5. Descriptions of the management team: key managers & employees, backgrounds, experience & skills. 6. Financial & funding: sources & uses of funds. 7. Critical risk factors: critical risk factors that your new business/firm may face. These risks may be management risks, marketing risks, financial risks or other risks depending on your industry and particular situation.
- 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?1-What is ecopreneurship, AND how does Ecovision play a role? 2-Outline some specific recommendations for entrepreneurs to consider that promote environmental awareness.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?
- 1. Could writing a conventional business plan ever cause more harm than good? Explain your answer?2. If you wanted some assistance in setting up and running a new business, you might look at business incubators as a solution. What kind of assistance would you consider the most valuable?3. Given the risks involved in starting any company, should an aspiring entrepreneur investigate all possible failure scenarios and develop action plans to avoid these potential outcomes? Explain your answer.4. How do autocratic, democratic, and laissez-faire leadership styles differ?5. Ethical considerations. Apart from meeting the company’s future talent needs, do managers have a personal ethical obligation to help their employees develop and advance in their careers? Explain your answer.6. What are the advantages and disadvantages of the unstructured organizational model?7. Suppose you are the marketing manager of the credit-card department of a financial institution. Your objective is to support the…1. What do you think are the the ideal business plan implementation steps that shouldbe followed by and entrepreneur? 2. Assuming that you have your own business, what arr your waysto improve its marketing, operational, financial aspects to achieve continous success?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 explain
- please explain, why business plan is important for an entrepreneur ?Multiple choice 4.0 The entrepreneurial process involves the following A opportunity B Resources C leadership and team D All of the above 5.0 Which of the following represents the entrepreneur school of thought A The entrepreneur B The Business environment 3 C The enterprise D the strategy 6.0 which of the following is not a challenge for SMEs sector? A lack of access to finance B lack of opportunities C Lack management skills D Lack of access to marketsQ1. Identify the entrepreneurial traits that Ed Sabol and his son Steve exhibit? Q2. How would you characterize the Sabol’s philosophy, beliefs, and values to a small business as it grows? Q3. What factors have led to NFL Films’ success?