Management, Loose-Leaf Version
13th Edition
ISBN: 9781305969308
Author: Richard L. Daft
Publisher: South-Western College Pub
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Question
Chapter 6, Problem 1DQ
Summary Introduction
To Determine:
If for profit businesses should have a social mission even if it means their profits would take a hit.
Introduction:
Entrepreneurship − Arranging the required resources and starting a business while assuming the rewards as well as the risks associated, this entire process is called entrepreneurship.
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Entrepreneurship requires a unique set of personal qualities that contribute to the success of a business venture. These qualities include creativity, risk-taking, self-motivation, adaptability, resilience, and leadership skills. Developing and nurturing these personal qualities can be challenging, but it is essential for entrepreneurs who want to succeed in today's dynamic business environment. Compare and contrast the personal qualities of a successful entrepreneur with those of a successful manager.
Some entrepreneurship authors argue that writing a business plan is a futile exercise. Do you agree with this assumption (yes or no)? Explain. Also, Is there a difference between writing a business plan and writing a social venture plan? Explain.
Which two areas of social entrepreneurship are most interesting?
(a) For each area, list how an existing business might consider responsibility in that area.
(b) For each area, describe a concept for a new venture that might contribute in that are and be economically viable.
Chapter 6 Solutions
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
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