Introduction to Business
OER 2018 Edition
ISBN: 9781947172548
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 5.2, Problem 1CC
Describe the personality traits and skills characteristic of successful entrepreneurs.
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Explain the four attributes entrepreneurs need to make them successful
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Chapter 5 Solutions
Introduction to Business
Ch. 5.1 - Describe several types of entrepreneurs.Ch. 5.1 - What differentiates an entrepreneur from a...Ch. 5.1 - What are some major factors that motivate...Ch. 5.2 - Describe the personality traits and skills...Ch. 5.2 - What does it mean when we say that an entrepreneur...Ch. 5.3 - What are three ways small businesses can be...Ch. 5.3 - What social and economic factors have prompted the...Ch. 5.4 - How can potential business owners find new...Ch. 5.4 - Why is it important to develop a business plan?...Ch. 5.4 - What financing options do small-business owners...
Ch. 5.5 - How does the small-business owner's role change...Ch. 5.5 - How does managing a small business contribute to...Ch. 5.5 - What are the benefits to small firms of doing...Ch. 5.6 - Why are small businesses becoming so popular?Ch. 5.6 - Discuss the major advantages and disadvantages of...Ch. 5.7 - What is the Small Business Administration (SBA)?Ch. 5.7 - Describe the financial and management assistance...Ch. 5.8 - What significant trends are occurring in the...Ch. 5.8 - How is entrepreneurial diversity impacting small...Ch. 5.8 - How do ethics impact decision-making with...Ch. 5 - As the owner of a small factory that makes plastic...Ch. 5 - What characteristic made Vic Ahmed a successful...Ch. 5 - How did their Ahmed and Steven Case's partnership...Ch. 5 - Is focusing on smaller cities rather than areas...
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Knowledge Booster
Similar questions
- Describe the personality traits and skills characteristic of successful entrepreneurs.arrow_forwardDetermine the characteristics that entrepreneurs need in order for their businesses to be profitable. How can these qualities be fostered in the company's employees?arrow_forwardRead “How we Make Entrepreneurs”. How does the author view entrepreneurs like Steve Jobs? What virtues does he ascribe to them and how are they often good role models for business people? Do you agree or disagree with his assessment?arrow_forward
- How do you define a successful entrepreneur?arrow_forwardHow do entrepreneurs come up with ideas for successful businesses?arrow_forwardIf personal characteristics or personality traits do not predict who will be a successful entrepreneur, why are they significant to the study of entrepreneurship or small business management?arrow_forward
- Explain the difference between corporate venturing and strategic entrepreneurship as modes of corporate entrepreneurship ?arrow_forwardExplain 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?arrow_forwardExplain the concept of entrepreneurship and its role in the business world. What qualities make a successful entrepreneur?arrow_forward
- What advantages do entrepreneurs and their business have?arrow_forwardDiscuss four key characteristics of Any successful entrepreneur ?arrow_forwardRead introduction and chapters 1 and 2 of Beyond Entrepreneurship / BE 2.0. Explaining why you need the right people far more than you need the right business idea to succeed in owning/operating a small business.arrow_forward
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