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 9EE
Summary Introduction
To determine:
If as a child I had a small enterprise or a lemonade stand or paper route.
Introduction:
Entrepreneur − A person who is able to recognize that a potential idea which could be converted into a service or a new product altogether and takes the necessary steps for that.
Characteristic refers to a person's quality while behavior refers to how one conducts oneself in any given scenario or situation.
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Students have asked these similar questions
The criteria for the greatest entrepreneurs to be considered were simple. If they had the vision to create new markets and change the way people lived in the process, then they were candidates. Review the 25 Most Important Entrepreneurs of the Past 25 Years.
https://www.worth.com/25-entrepreneurs-25-years/
I found these two descriptions about these people below:
STEVE JOBS
COFOUNDER, APPLE
» BIO: Born in San Francisco in 1955, Jobs started Apple Computers with Steve Wozniak in 1976. A decade later, the two parted ways when Jobs left the company, but he returned in 1997 to turn it around—and he changed our relationship with tech and the internet with the creation of the iPhone and iPad. He died in 2011 following a battle with pancreatic cancer.
» TAKEAWAY: Design matters, even when you can’t see it. It always came first for Jobs. “Customers don’t know what they want until we’ve shown them,” he famously said. His obsession with detail and careful design—and his ability to wow an audience…
Do what is being asked.
1. Write your reflection on being an entrepreneur amidst of pandemic.
2. Professional development is a life-long process for individuals.
3. Do you think that you can become a successful entrepreneur someday? Why?
As the owner of a year-old Dog Spa and Grooming business, you recently engaged in a time of reflection on your entrepreneurial journey. Having completed the reflective process, it is now clear to you that entrepreneurship requires the application of creativity and innovation to solve problems and capitalize on recognized opportunities. For this assignment you are required to do the following:
Discuss what entrepreneurship mean to you and describe two (2) entrepreneurial traits/characteristics you possess. Use examples from your life experience to support each trait/characteristic.
Identify one (1) innovation you currently enjoy and discuss how it adds value to your life.
Develop two (2) innovative strategies to enhance creativity at your Dog Spa and Grooming business.
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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Similar questions
- Vaynerchuk has been quoted as saying that if you live for Friday, get a different job. How does this apply to successful entrepreneurs?arrow_forwardWhich skill(persuasion, leadership, personal accountability, goal orientation, and interpersonal 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?arrow_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
- People with string business acumen skills can: a. Adapt and remain flexible during times of change b. Remain inflexible during times of change c. Better understand political issues d. Ensure business failurearrow_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_forwardChoose one entrepreneur 1. Find about his/her reasons for going into business 2. What are the Major challenges in their business? 3. What are their learmings from both successes and failures? Use the 12 M’s to succesful entrepreneurship to probe deeper: money, model, mentors, message, market, mindset, machinery, methods, management skills, moving forward, mission, and masteryarrow_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_forwardThe most important reward of being an entrepreneur is: Select one: a. Independence b. Wealth c. Professional growth d. Personal satisfaction Technological improvements along an S-curve tend to be ________, building on prior developments, and taking place within an existing paradigm. Select one: a. Comprehensive b. Incremental c. Extreme d. Radical This role of entrepreneurship in economic development is when entrepreneurs combine the factors of production, and also introduces new ideas and new combination of factors. Select one: a. Promotion of capital formation b. Creating social change c. Creating innovation d. Wealth creation and distributionarrow_forwardSuccessful entrepreneurs are willing to take risks, explore new ideas, and ask questions when required. Discuss if you agree or not.arrow_forward
- The Covid 19-pandemic has negatively and positively impacted some businesses. However, what hasalways remained the same are those important aspects of entrepreneurship that enablesentrepreneurs to control their own business. In light of the Covid 19-pandemic, critically discuss the statement above. long answersarrow_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_forwardClick on the following link http://www.npr.org/podcasts/510313/how-i-built- this which will take you to the NPR podcast "How I built this". Choose a business/entrepreneur and summarize how the entreprenuer built a success company. What were some of the struggles/hardships he or she endured along the way?arrow_forward
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Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
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ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub