UNDERSTANDING BUSINESS 12/16 >C<
16th Edition
ISBN: 9781308967110
Author: Nickels
Publisher: MCG/CREATE
expand_more
expand_more
format_list_bulleted
Question
Chapter D, Problem 1CT
Summary Introduction
To think critically about: The thought to become an entrepreneur and if the statistics in chapter gives the courage to pursue a venture.
Introduction: Entrepreneur is an individual who tends to begin a new venture, handle the risk involved and enjoy the profits individually. Entrepreneur helps to generate better employment opportunities in the economy.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Suppose you developed an app that can predict the likelihood a person will get the flu and you wanted to raise capital? What kind of business formation would you choose so that you can begin selling the app?
If you can’t land the right job soon after graduation,would you consider starting a business? Why or whynot?
Imagine that you are an entrepreneur who is planning to start a lawn care business. What steps would you take in order to carefully assess the costs and benefits of your business before launching?
Chapter D Solutions
UNDERSTANDING BUSINESS 12/16 >C<
Ch. D.1 - Prob. D.1AQCh. D.2 - Prob. D.2AQCh. D.2 - Prob. D.2BQCh. D.2 - Prob. 1TPCh. D.2 - Prob. 2TPCh. D.2 - Prob. 3TPCh. D.4 - Prob. D.4AQCh. D.4 - Prob. D.4BQCh. D.4 - Prob. D.4CQCh. D.4 - Prob. 4TP
Ch. D.4 - Prob. 5TPCh. D.4 - Prob. 6TPCh. D.4 - Prob. 7TPCh. D - Prob. 1CECh. D - Prob. 2CECh. D - Prob. 3CECh. D - Prob. 4CECh. D - Prob. 1CTCh. D - Prob. 2CTCh. D - Prob. 3CTCh. D - Prob. 4CTCh. D - Prob. 1DCSCh. D - Prob. 2DCSCh. D - Prob. 4DCSCh. D - Prob. 1PPTCh. D - Prob. 2PPTCh. D - Prob. 3PPTCh. D - Prob. 5PPT
Knowledge Booster
Similar questions
- What is the probability of running a successful business?arrow_forwardWhat personal and business goals would you hope to achieve by starting your company?arrow_forwardYou have just graduated from the MBA program of a large university, and one of your favorite courses was “Today’s Entrepreneurs.” In fact, you enjoyed it so much you have decided you want to “be your own boss.” While you were in the master’s program, your grandfather died and left you $1 million to do with as you please. You are not an inventor, and you do not have a trade skill that you can market; however, you have decided that you would like to purchase at least one established franchise in the fast-food area, maybe two(if profitable). The problem is that you have never been one to stay with any project for too long, so you figure that your time frame is 3 years. After 3 years you will go on tosomething else. You have narrowed your selection down to two choices: (1) Franchise L, Lisa’s Soups, Salads, & Stuff, and (2) Franchise S, Sam’s Fabulous Fried Chicken. The net cash flows shown below include the price you would receive for selling the franchise in Year 3 and the forecast…arrow_forward
- If your personal credit is shaky at the moment and youdon’t have a lot of cash to invest in a new business, whatsteps could you take to get a new company going?arrow_forwardHow does getting a degree or majoring in business management make your life meaningful?arrow_forwardTop entrepreneurial qualities that would ensure business success in 2021?arrow_forward
- Explain the four types of Preneurs and Give two example each; > Intrapreneurs > Solopreneurs > Entrepreneurs > Investorpreneursarrow_forwardIf you are the owner of one of the most competitive/profitable grocery chain companies here in the country and would want to compete against the best in the industry, whats the next thing that you will do to your company? Go public or remain private? You may consider the current economic climate, political, and other factors for your decision- making.arrow_forwardWhat are some financial issues and problems entrepreneurs deal with, and how can they conquer them?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