Organizational Behavior
OER 2019 Edition
ISBN: 9781947172715
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 19.2, Problem 2CC
What does it mean when we say that an entrepreneur should work on the business, not in it?
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Explain the pros and cons of being an entrepreneur. How would you determine if an individual possesses the characteristics that it takes to creating their own business (self-direction, level of uncertainty, etc.)?
There several myths about entrepreneurs, including:- Entrepreneurs are born, not made. - Entrepreneurs are gamblers. - Money is the key to entrepreneurial success. - You have to be young to be an entrepreneur- You have to have a degree in business to be an entrepreneur.
Describe your perceptions about any entrepreneurs in relation to the above myths. Are the myths true or false? Why or why not?
What does it mean to have an entrepreneurial mindset?
Chapter 19 Solutions
Organizational Behavior
Ch. 19.1 - What are some different types of entrepreneurs?Ch. 19.1 - How does entrepreneurship differ across countries?Ch. 19.2 - Describe the personality traits and skills...Ch. 19.2 - What does it mean when we say that an entrepreneur...Ch. 19.3 - What are the key components of the business model...Ch. 19.3 - What are the advantages and disadvantages of being...Ch. 19.4 - What sources of capital are available to...Ch. 19.4 - What are the associated risks for various sources...Ch. 19.5 - What is design thinking?Ch. 19.5 - What are some advantages of design thinking?
Ch. 19.6 - How can governments reduce barriers to...Ch. 19.6 - How can governments increase positive incentives...Ch. 19 - What are the differences between classic...Ch. 19 - What differentiates an entrepreneur from a...Ch. 19 - What are some major factors that motivate...Ch. 19 - How can potential business owners find new...Ch. 19 - Why is it important to develop a business plan?...Ch. 19 - What financing options do small-business owners...Ch. 19 - How do the small-business owners and entrepreneurs...Ch. 19 - What are the benefits to small firms of doing...Ch. 19 - Describe the financial and management assistance...Ch. 19 - What significant trends are occurring in the...Ch. 19 - How is entrepreneurial diversity impacting small...Ch. 19 - How do ethics impact decision-making with...
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- 1) What can you learned about entrepreneurship and owning your own business? 2) what skills do you think a successful entrepreneurship should have? 3) what are the pros and cons of owning your own business? 4) how can both market and management factors affect the growth of a new venture?arrow_forward3. Why doesn’t being smart easily translate into being rich? 4. How do entrepreneurial dimensions of individuals, environments, and organizations interact to produce new ventures?arrow_forwardWhat are the differences between a fixed mindset and a growth mindset? I need help with this question from an entrepreneur's point of view... How does mindset influence the growth of an entrepreneur?arrow_forward
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