EBK MANAGEMENT
12th Edition
ISBN: 8220100546563
Author: DAFT
Publisher: YUZU
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 6, Problem 10DQ
Summary Introduction
To determine:
Advantages and disadvantages of social media for the start-up business.
Introduction:
Start-up refers to the venture which is newly started and intended to meet the problem, wants and need of the marketplace by establishing optimum business model around platform, processes, services or products.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
1. What are some theories offered to explain aspects of your field of business?
2. Reflect on your own social network. How are the nodes in your social network linked? What social capital do you gain from your social network?
3. How do propositions and hypotheses differ?
Which of the following skills do you believe is the most important to make a successful entrepreneur? Why do you believe this skill is of such importance? What makes it more important than the other skills?
persuasion, leadership, personal accountability, goal orientation, and interpersonal skills
do you think social networking assists innovative individuals in the network and finding a potential partner for their new entrepreneurial idea?
Chapter 6 Solutions
EBK MANAGEMENT
Ch. 6 - Prob. 1OTJVCCh. 6 - Prob. 2OTJVCCh. 6 - Prob. 3OTJVCCh. 6 - Prob. 1DQCh. 6 - Prob. 2DQCh. 6 - Prob. 3DQCh. 6 - Prob. 4DQCh. 6 - Prob. 5DQCh. 6 - Prob. 6DQCh. 6 - Prob. 7DQ
Ch. 6 - Prob. 8DQCh. 6 - Prob. 9DQCh. 6 - Prob. 10DQCh. 6 - Prob. 1EECh. 6 - Prob. 2EECh. 6 - Prob. 3EECh. 6 - Prob. 4EECh. 6 - Prob. 5EECh. 6 - Prob. 6EECh. 6 - Prob. 7EECh. 6 - Prob. 8EECh. 6 - Prob. 9EECh. 6 - Prob. 10EECh. 6 - Prob. 11EECh. 6 - Prob. 12EECh. 6 - Prob. 13EECh. 6 - Prob. 14EECh. 6 - Prob. 15EECh. 6 - Prob. 1SGBCh. 6 - Prob. 1EDCh. 6 - Prob. 2EDCh. 6 - Prob. 3EDCh. 6 - Prob. 1CFCACh. 6 - Prob. 2CFCACh. 6 - Prob. 3CFCA
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- describe the entrepreneurial mindset and explain how it might affect the likelihood of an individual to engage in social entrepreneurship. Identify the key entrepreneurial competencies and individual characteristics and explain how they could lead to the creation and effective management of a social venture. Which of these competencies and characteristics do you currently possess? Which still need to be developed? Explain.arrow_forwardDescribe the difference between strong-tie and weak-tie relationships. Is it more likely that an entrepreneur will get new ideas through strong-tie or weak-tie relationships? Why? Give an example of a strong-tie and a weak-tie.arrow_forwardSocial media has been very active in terms of spreading the word about practically anything and everything. As a budding entrepreneur, how can you take advantage of this trend to churn out potential opportunities? List down at least 5 business opportunities that you see.arrow_forward
- Entrepreneurs must be strategic thinkers in order to develop the plans and objectives necessary to start abusiness that will last. Imagine you are starting a new music-streaming service. You have decided todifferentiate your service from the others already in the marketplace. Think of three ways to add value toyour service and also the performance measures you’ll need to use in order to know if your added valueis really valued by customers.arrow_forwardWriting a business plan is your map to how you are going to operate. Regardless of whether you are interested in taking over an existing business or starting a new one; they both have challenges that you will need to overcome in order to succeed. Discuss one of the challenges in starting a new business and how you may be able to address that challenge with a well-designed business plan. Your challenge can be unique to either a start-up or on-going business or both.arrow_forwardWhat makes moving to the cloud so challenging for companies? What are the upsides and downsides of taking part?arrow_forward
- Prompt: All entrepreneurs have the ability to do good with their organizations and bring honor and glory to the Lord. A Christian entrepreneur should see opportunities where they can do good with the organization they have designed and use it for good.Doing all of this in a joyful and winsome way brings honor to the Lord (Hebrews 13:15-17). We are also called to be salt and light no matter what we are doing as believers. Therefore, when we run our organizations, we are to run them in a way that glorifies the Lord. We should be salt and light in all of our business interactions and how we operate our business (Matthew 5:13-16). How does doing good with yourorganization and being salt and light tie into our discussion related to providing quality service during those moments of truth with our clients? What can the verses in Hebrews, Matthew, or any other verses you can find teach us about providing good quality and our interactions with customers?arrow_forwardChoose a challenge in starting a new business and how you may be able to address that challenge with a well-designed business plan. Challenge can be unique to either a start-up or on-going business or both.arrow_forwardHi, could you help me answer a question, it would help me with my understanding of the subject. The question is the following “Motivation and decision-making approaches of entrepreneurs play a critical role in their entrepreneurial journey. Discuss how motivation and decision-making approaches may change on the basis of the context, time, and personal characteristics of entrepreneurs.”. Would you be able to answer this question in about 1000 words, please? Thanks in advancearrow_forward
- What are Misconceptions about Entrepreneur Drew Houston, Founder of Dropbox?arrow_forwardDescribe how attitudes, competition, financial management, preparation and people management impact the success and failure of entrepreneurs2. Identify key entrepreneurial theories and link the theories to successful entrepreneurial practice3. Describe the process of identifying, developing and implementing a business idea4. Outline the principles and processes of strategic managementarrow_forwardWhat kind of online business do you think will thrive in this present time? Why?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub