EBK MANAGEMENT, LOOSE-LEAF VERSION
13th Edition
ISBN: 8220103768115
Author: DAFT
Publisher: YUZU
expand_more
expand_more
format_list_bulleted
Question
Chapter 6, Problem 11EE
Summary Introduction
To determine:
Myself based on the behavior of me being not easily discouraged and be persistent when facing an obstacle.
Introduction:
Behaviour is defined as the individual quality when one behaves according to the situations and the given environment.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Write a reflection paper on "What motivates people to become an entrepreneur?" in 1 paragraph only with 500-700 words. Below is the guide.What motivates people to become an entrepreneur?Greater Control
As a self-employed business owner you'll have the freedom to make executive decisions that will affect the future of not only your company but also your family and career in the long-term. As an employee you can only exercise control within the boundaries of your job description.
Flexible Work Hours
One of the most appealing types of control that an entrepreneur has is the ability to choose when they want to work. With that said, working inconsistent hours and failing to commit to a set work schedule is a sure way to hinder the success of your business. Be realistic and don't give yourself too many vacations or progress will certainly suffer. Keep in mind that balancing work and life is an essential aspect of succeeding as a business owner.
Open-Ended Career Progression
As an employee…
Describe 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.
Choose 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.
Chapter 6 Solutions
EBK MANAGEMENT, LOOSE-LEAF VERSION
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
Similar questions
- Hi, could you help me answering a question, it would really help me for 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_forwardWhich 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 skillsarrow_forwardWrite the definition for each of the six characteristic of and entrepreneur. The characteristics given are: (1) vision (2) energy (3) tolerance of uncertainty (4) self-reliance (5) confidence (6) tolerance of failure After defining each characteristic of an entrepreneur given in Chapter 7, answer the following questions: Do you possess any of the entrepreneurial characters discussed above. List each characteristics, you possess then answer the following questions: Have you already started a business? Are you considering starting your own business? If so, what type of business? If you have no desire to start a business, explain why.arrow_forward
- Hi, 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_forward20 years ago, I opened a coffee shop in a small town in New Jersey. My small business grew, and after 12 years, I have opened more than 7 coffee shops in different parts of the state. I decided to retire in Costa Rica and enjoy life with my family. My biggest mistake was leaving my best friend, the most trusted employee, in charge of my stores. He had been in the company since its foundation and always was diligent. However, soon after I left for Costa Rica, my friend started his own coffee shop business while still managing my shops. Two years later, after wondering why sales in my coffee shops had declined, I decided to come in person to find out why. To my surprise – and frankly to my sadness-, my friend had opened four coffee shops near (one of them in front of) my businesses. He claimed that he opened his stores near my stores to take care of my business and his business at the same time. However, he never mentioned to me that he had opened his own stores. More appalling, while…arrow_forwardPutting your business plan in writing helps you communicate your ideas to others. Do you think discussing your business plan out loud in a meeting can also help get your ideas across? Why or why not?arrow_forward
- Writing 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_forwardPlease read the case and answer the questions at the end. Please respond to two of your peers. Do you agree or disagree? Joe's Hamburger Grill has been doing business in the same location for the past 20 years. The Grill is located in Phoenix, Arizona, and caters to college students by providing some of the world's biggest hamburgers in a fun and casual dining atmosphere. Joe looks back with fondness on the 20 years that have passed since he first opened the grill. His primary motivation for starting the business was the opportunity to work for himself. When he graduated from college, Joe took a job as an accountant and worked for a number of different companies. When he turned 40, Joe decided he was tired of working for a boss, so he began looking for an alternative opportunity. Knowing his love for cooking and his flair for providing great customer service, Joe's wife and friends encouraged him to open the hamburger stand. After taking some time to decide what he wanted to do, Joe…arrow_forwardImagine that you’re the dean of your college and you’ve suggested that more entrepreneurship courses be taught throughout your college’s curriculum. You’re getting resistance from some professors who think that entrepreneurship is a fad. Make the argument that entrepreneurship isn’t a fad and is an extremely important topic.arrow_forward
- Entrepreneurs are able to identify opportunities even in adverse and difficult situations. To which one of the following important personal characteristics of an entrepreneur does this statement refer? a. Involvement in the business b. Positive attitude and approach c. Commitment to the business d. Perseverancearrow_forwardAn entrepreneur has the following characteristics EXCEPT: Select one: a. Accepts risks or failure b. Initiative-taker c. Organized d. Apathy General Foods' introduction of a compact cereal box in response to the problem that the available boxes did not fit well on the shelf was not successful, as the problem of package size had little effect on actual purchasing behavior. To ensure the best results, this method should be used primarily to identify product ideas for further evaluation. Select one: a. Customer Survey b. Focus Groups c. Problem Inventory Analysis d. Brainstorming Although there is some variation in the distribution of adopters of new technology products and services, the single most common pattern is a Select one: a. Poisson Distribution b. Binomial Distribution c. Beta Distribution d. Normal Distribution In order to cross the gap and reach the take-off stage, the most important aspect is that you must: Select…arrow_forwardPrompt: 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_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