WHICH OF THE FOLLOWING IS AN EXAMPLE OF ENTREPRENEURIAL FIRM THAT BRINGS NEW PRODUCT AND SERVICES? a. Restaurants b. Accounting firm c. LinkedIn d. Tour guides
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- Discuss about any existing company showing the main issues and give recommendations to someone who want to start his own business.Start-Up Businesses Being an entrepreneur in a small and young market like Oman is not easy. It is difficult to launch a new product with only some 3 million citizens as your potential clients, launching a new product without thoroughly studying the market needs is not a good idea. An Omani entrepreneur Qais Al-Khonji admits that he failed at his first startup because he did not research the market’s needs, and did not follow a lean methodology. But Al-Khonji has embraced his failure, and moved on to his next projects. “I try and learn even though this means losing. I consider the benefits to be in learning and failure a step towards success,” he says. He's started five startups in the past three years, and he's embraced failure with most of them, closing down four. But business is what he loves, and he's ready to get back up and do it again. “I want to be my own boss and work at what I love doing,” he admitted. Al-Khonji worked in banking for many years and in 2010, he decided to…Start-Up Businesses Being an entrepreneur in a small and young market like Oman is not easy. It is difficult to launch a new product with only some 3 million citizens as your potential clients, launching a new product without thoroughly studying the market needs is not a good idea. An Omani entrepreneur Qais Al-Khonji admits that he failed at his first startup because he did not research the market’s needs, and did not follow a lean methodology. But Al-Khonji has embraced his failure, and moved on to his next projects. “I try and learn even though this means losing. I consider the benefits to be in learning and failure a step towards success,” he says. He's started five startups in the past three years, and he's embraced failure with most of them, closing down four. But business is what he loves, and he's ready to get back up and do it again. “I want to be my own boss and work at what I love doing,” he admitted. Al-Khonji worked in banking for many years and in 2010, he decided to…
- “The market opportunity for notebooks is $x billion and is expected to grow at y% per year for the next z years.” This states shows that the market opportunity of notebooks. Some people might think that we should take the chance, expand our business and be the Milliner. Sometimes they say, “No risk No gain” or “Be an Entrepreneur-be your own Boooooss”. As we learned about the key factors of business model, we should think about other challenges. Task: Mention only one key element and discuss in short why this key element should be considered before starting the business of notebooks.◦1 - Justify whether your proposed solution/ idea meets the characteristics of successful product or service idea. 2 - Briefly explain the type of business ownership that your business will enter into 3 - Describe at least five resources that you will need for your business to start operating Justify your selectionif every company is now a technology company, then what does this mean for every student attending business collage? provide specific examples to support your answer.
- Which of the following statements most accurately sums up the study of early stage (from development to early rapid growth) organizations' management of their operations and assets while prioritizing growth first? a. None of the mentioned b. Investment banking c. Corporate finance d. Entrepreneurial finance Please provide the right answer and don't reject this question. Important question . Help me on this please . $$$###@##$$$#@@@$$$$$###Explainhow start–up enterprises can use creativity and innovation in their service and product development to help them to gain competitive advantage and to ultimately become successful.Your explanation should includereal-world examples and relevant statistics to support your answerRequired: ii) Assuming you and your friend decided to go ahead and start this business, identify specific tpes of financial and nonfinancial information that would be required to run this business effectively. Please give me the correct answers from experts. Shorts and simple . Briefly. ########################### correct answers from experts.
- 1. _____ nurture young firms and help them to survive and grow during the startup period when they are most vulnerable. a. Successful graduates b. Business incubators c. International trade organizations d. Conglomerates 2. Which of the following best describes one of the contributions of small businesses? a. They are sources of new ideas or services that larger businesses may be unable to provide. b. They provide large capital gains to the owners. c. Their products and services are sold at prices that are lower than large businesses' prices. d. They provide economies of scale that large businesses cannot match. 3. Most creative entrepreneurs are very good managers. a. True b. False 4. An entrepreneurial venture is characterized by: a. innovative strategic practices and/or products. b. independent ownership and operation and no desire for dominance in its field. c. no scope of growing large, and the owners…Explain how start–up enterprises can use creativity and innovation in their service and Product development to help them to gain competitive advantage and to ultimately Become successful. Your explanation should include real-world examples and relevant Statistics to support your answerNote the quotation from the extract below and discuss the various methods of generating ideas entrepreneurs who have closed their start up can utilise to "Bounce back" using your OWNexample to support you discussion. “The pain of closing a business can overwhelm founders, whose identity is intertwined with that of their venture. Failedfounders wonder what they’ll do next—are they employable? Adding to their worries, their personal finances may be inshambles. Most entrepreneurs cut their own salaries as their venture goes into decline, and many have invested theirlife savings in the startup—along with funds from friends and family.