DIRECTION: Read and analyze the competencies below that every entrepreneur should develop and identify whether this refers to Personal Competencies, Interpersonal Competencies, or Business Competencies. Write your answer in the space provided. 1. Emotional balance 6. Resource Management skill 2. Negotiation skills 7. Resiliency 3. Leadership skills 8. Human relation 4. Persistence 9. Respect 5. Charisma 10. Tenacity
Q: What students can learn from Business strategy subjects and this unit will help students to become a…
A: Business strategy is a subject in business management field which deals with teaching students and…
Q: Although no single set of traits identifies the ideal start-up leader, a demanding, driven nature is…
A: These perceptions recognize what might be special to innovative culture. This is a mix of character…
Q: 1- Entrepreneurs must set goals that are Specific, Masked, Actionable, Reasonable, Tacy…
A: An entrepreneur is a person who sets up a new organization for society with some money of him and he…
Q: parents' savings. What function would a business plan play in Khalil's case? * O Enhance his…
A: Creativity in business is a method of rationale that stimulates, challenges, and supports…
Q: What is/are the actual problem/s of Faizan? What would you suggest Faizan to rectify these issues…
A: Individual F should choose his interest rather than the cousin’s advice to choose his career.
Q: Focusing on recent news, take a look at what three or four CSOs have been saying about the TOMS…
A: Toms’ shoes, the one-for-one business model is all about fighting poverty, this completely…
Q: What is strategic management for small businesses? Please give examples and please indicate the…
A: The entrepreneur will carry on the business activities to increase the profitability of the…
Q: Strengths, Weaknesses, Opportunities, and Threats(SWOT) for a start up Baba Nyonya Restaurant.…
A: SWOT analysis: SWOT analysis refers to the evaluation of strengths, weaknesses, opportunities, and…
Q: explain in your own word and give example for each one Obtaining An Executive Champion/Sponsor…
A: Management Organizations and associations need viable administration to accomplish business…
Q: Can you describe how shantanu narayen manage and run adobe well? Also, why he can become one of the…
A: About Shantanu Narayan- Shantanu Narayan is one of the best-known CEO managing the work in Adobe…
Q: Which one of the following strategies is not appropriate for managing moderate growth? a.…
A: Moderate growth helps the organization to grow at a balanced level. Most startup companies rely on…
Q: 2- Within overall corporate environment, certain individual characteristics have been identified…
A: 2. Understanding the environment used to refer to the external factors that used to affect a system…
Q: What is the difference between the concepts of mission and vision? Provide examples in your…
A: The basic differentiation between mission and vision of an organisation are explained briefly in the…
Q: After
A: XYZ corp. was a fortune 500, was listed on the NASDAQ, also was a high-technology company. The…
Q: Q1)Explain the Entrepreneurial Process in your own words. What is Window for Opportunity?Consider an…
A: The businessperson may be a modification agent that acts as an associate businessman and undertakes…
Q: Meet with your group and discuss a new business venture that can save our environment. It can be any…
A: Market segmentation is the process to group people together such that people in it have common…
Q: Critical Thinking Recently, Twitter has joined otherInternet sites in selling preferred positions on…
A: A promotional program can be defined as a program which is designed or prepared to promote the…
Q: What are the three major R&D approaches to implementing strategies? Which approach would you prefer…
A: R& D can be extremely critical in success of a firm in the market and its competition…
Q: As mentioned by Paul Hawken, environmentalist, entrepreneur, and author of Natural Capitalism “Good…
A: There is a lot of modernization in businesses and organizations. There have been a lot of authors in…
Q: Match the team role with its typical orientation: I like to decide who will do which task. 1.…
A: "Since you have asked multiple questions we will solve the first question for you. If you want any…
Q: What are the potential downfalls and positive influences of the “Netflix way”?
A: Disclaimer: Since you have asked multiple question, so as per the company guidelines, we can solve…
Q: describe the CAGE Distance Framework AND HOW IT WORKS Next, identify how it can be use the CAGE…
A: You have framed too many questions as a single question. Please do not do this. As per the Bartleby…
Q: What is meant by the concept "following part of leading"? How can managers embody this concept? 2.…
A: Leaders act as an inspiration and encouragement to others. Leadership is a complex field. However,…
Q: Q1)What are the different types of Start-Ups? Explain it with an example the difference between…
A: NOTE- Since you have posted a question with multiple subparts, we will solve the first three…
Q: Read the below case or paragraph carefully: The value of people understanding and seeing the best in…
A: Customers can be defined as the person who buys the goods or items from the market for his personal…
Q: Describe the three main types of managerial skills identified by Robert Katz. Which skills are most…
A: Management skills: They include various traits, abilities that help a leader or manager to complete…
Q: Too Much Intelligence?The rapid growth of Pace Technologies was due in no small part to sales…
A: Ken Bodine is an autocratic manager and he certainly possesses the required skill sets to direct the…
Q: FORUM DESCRIPTION Creativity and Innovation - Developing Entrepreneurial Mind-Set 1. What is the…
A: Every entrepreneur has a mutual motive in his mind for making profits. But it is difficult to set up…
Q: With their different perspectives in mind, evaluate how and why their strategies differ. What…
A: Internet advertising is the act of utilizing electronic channels to spread a message about an…
Q: Answer the following questions after reading the case study given at the end. 1. What type of…
A: The case study is all about entrepreneurship. the characteristics and the story of two people, their…
Q: How do the roles of business analyst, IT liasion and project manager add strategic business value.…
A: Business and IT alignment is significant for market impact as well as growth. This tactic used to…
Q: Write a reflection paper on "What motivates people to become an entrepreneur?" in 1 paragraph only…
A: What Is an Entrepreneur: An entrepreneur is an individual who makes another business, bearing the…
Q: 1. a. Briefly explain the concepts of positive psychological capital and social capital of a…
A: 1.a. Positive Psychological Capital is defined as a development of an individual in termsof…
Q: "We can rattle off Elon Musk's accomplishments in our sleep: co-founder of monetary giant PayPal;…
A: Elon Reeve Musk has successfully established himself as a business tycoon and an investor as well.…
Q: The quote "culture eats strategy for breakfast" means that no matter how strong your strategic plan…
A: These days, businesses are connected to each other. There is globalization in the whole world. There…
Q: Multiple choice 1.0 Which of the following is not part of the triangle of success for…
A: Entrepreneurial process can be stated as a process that focuses on the factors relevant for ensuring…
Q: Looking at our discussion on creative mind, innovation, risk taking etc... what new feature or…
A: Entrepreneurs can be defined as individuals who create the business out of risks in order to enjoy…
Q: Where do the entrepreneur and the visionary leader overlap, and where they are different?
A: An entrepreneur is an individual who creates or meet the need of the market differently by keeping…
Q: I need the answers to these questions for the Entrepreneurship and Innovation course.... 7-…
A: Since you have asked multiple questions, we will answer the first question for you. If you want a…
Q: What is/are the actual problem/s of Khursheed Anwer? What would you suggest Khursheed to rectify…
A: Entrepreneurship is best suited when the inherent talents of the entrepreneur match the demand of…
Answer the table in the picture
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- 1.Why do you think Entrepreneurship is a science?provide example/ scenario that will support your answer.minimum of 100 words. 2.Why do you think Entrepreneurship is an art? Provide exampla/scenario that will support you answer.minimum of 100 words. 3.What are the Advantages and Disadvantages of venturing in entrepreneurship rather than becoming a business manager (Employed)? Provide atleast 3 each & explain each Advantages and Disadvantages. 4.What are the Advantage and Disadvantages becoming a business manager (Employed) rather than venturing in Entrepreneurship?Provide atleast 3 Each & explain each Advantage and Disadvantages. 5.What are the Advantages of invention of money in the field of Entrepreneurship( Provide atleast 3)?what is the impact/effect of invention of money to the modern day Entrepreneurship? 6.Explain why it is said that "Entrepreneurship is the life blood of ant economy?minimum of 100 words.1.Why do you think Entrepreneurship is a science?provide example/ scenario that will support your answer.minimum of 100 words. 2.Why do you think Entrepreneurship is an art? Provide exampla/scenario that will support you answer.minimum of 100 words. 3.What are the Advantages and Disadvantages of venturing in entrepreneurship rather than becoming a business manager (Employed)? Provide atleast 3 each & explain each Advantages and Disadvantages.Reaction to discussion below. Do you agree or disagree? Any additional thoughts? It is important to understand that for a business to succeed, being motivated and hardworking does not guarantee a good positive outcome for the company. There are other key factors that have to be in place in order to put the company on a path for success. These factors include effective planning and decision-making with a systematic approach that considers the available information, the goals and objectives of the organization, and the potential outcomes of different decisions. One of the companies I admire the most today is Apple. I because of how it started and all the changes they had to go through to become the company they are today. Apple is well-known for its innovations in hardware, software, and services. Thanks to them, it grew from some 8,000 employees and $7 billion in revenue in 1997, the year Steve Jobs returned, to 137,000 employees and $260 billion in revenue in 2019. Much less well…
- 1. Could writing a conventional business plan ever cause more harm than good? Explain your answer?2. If you wanted some assistance in setting up and running a new business, you might look at business incubators as a solution. What kind of assistance would you consider the most valuable?3. Given the risks involved in starting any company, should an aspiring entrepreneur investigate all possible failure scenarios and develop action plans to avoid these potential outcomes? Explain your answer.4. How do autocratic, democratic, and laissez-faire leadership styles differ?5. Ethical considerations. Apart from meeting the company’s future talent needs, do managers have a personal ethical obligation to help their employees develop and advance in their careers? Explain your answer.6. What are the advantages and disadvantages of the unstructured organizational model?7. Suppose you are the marketing manager of the credit-card department of a financial institution. Your objective is to support the…1. Outline the difference between a business idea and a business opportunity? Why is this distinction important? 2. Define business concept statement, in your own words. Outline its main elements. 1. Identify three (3) features of the Five Competitive Forces Model and discuss how they operate to affect the profitability of firms in an industry. 2. Describe a business start-up you are contemplating and explain why you have made this choice. 3. Identify and discuss the four (4) major components of a business feasibility analysis. 4. a) What is the purpose of conducting a business feasibility analysis? b) When is the best time to conduct a feasibility analysis? c) Justify your response.1. Which of the following are the key dimensions of strategic entrepreneurship? I. Strategic management of resources II. Competitive advantages III. Entrepreneurial mindset IV. Entrepreneurial culture and leadership Which of the following is the correct order for the stages of Systematic innovation? I. Opportunity Definition, Solution Definition, Application Exploration, Problem Definition, Project Execution II. Problem Definition, Opportunity Definition, Solution Definition, Application Exploration, Project Execution III. Opportunity Definition, Solution Definition, Application Exploration, Project Execution, Problem Definition IV. Opportunity Definition, Problem Definition, Solution Definition, Project Execution, Application Exploration .TRUE OR FALSE The rough evaluation criteria can be utilised by the Discovery team to rate or rank all of the business opportunities they developed to provide a prioritization of those opportunities.
- In 5 sentences explain the significance of "prior knowledge" to the entrepreneurs ability to "identify or recognize opportunities." What does it mean that prior knowledge is gained through (a) education and (b) experience? Explain your answer in 3sentences each.4:41 ■ill 5G Your life today would probably be very differ- ent if it weren't for entrepreneurs-past and present. What if Steve Jobs had decided to become a dentist, or Jeff Bezos had taken a job as an accountant instead of founding Amazon? In the same way that entrepreneurs have shaped our past, there are those out there shaping our future. In this written assignment, you will research an entrepreneur who is influencing not just the world you live in today but also the world you will live in tomorrow. Your Task 1. Select an individual from the list below as the subject of your paper: a. Reid Hoffman b. Elon Musk c. Drew Houston d. Sara Blakely e. David Karp f. Jack Dorsey g. Sergey Brin courses.lumenlearning.comTo make a “bulletproof” business plan, some mistakes must be avoided, and the following must be done:❖ Think through the business idea. You might have a great idea, but have you carefully mapped out all the steps you'll need to take to make the business a reality.❖ Do your research. Investigate everything you can about your proposed business before you start writing your business plan--and long before you start the business.❖ Research your potential customers and competitors. Is your product or service something people really want or need, or is it just "cool"? Study your market. Is it growing or shrinking? Could some sort of disruptive technology or regulatory change alter the market in fundamental ways? Why do you think people will buy your product or service? If you don't have any customers or clients yet, you'll need to convince investors that you have something people really want or need, and more important, that they'll buy it at the price you expect.❖ Get feedback. Obtain as…
- 1. Explain the McMullen-Shepherd Model. 2. Identify and define the four types of questions/tasks related to increasing cognitive ability. 3. Describe sustainable entrepreneurship and give examples of economic, environmental, and social gains it can generate for others. 4. Entrepreneurs act on opportunities. The entrepreneur does not generally act without thinking. Hisrich discusses alternatives ways an entrepreneur thinks. Describe the difference between a causal thought process and an effectuation thought process. 5. Define superficial similarities and structural similarities. Which of the two is considered the more challenging for entrepreneurs? Explain.It Ways Of starting a business. You will U Die entrepreneurial process, which starts with identifying and evaluating the opportunity. The heart of this module is the scanning of the marketing environment where you formulate a product or service solution applying the techniques of seeking, screening, and seizing opportunities. As a result, you will deal with analyzing the need of the market, think of the potential set of products or services that will meet the need, assess the feasibility of the solution, and select the best product or service De that will address the need. • PRE-ACTIVITY Directions: Answer the following. 1. In a scenario where you are creating a product to sell, what are the things that you need to consider? Why? 2. What are the role of your neighbors, friends, family members and the community if you are going to put up a business? 3 |Pageon 14 ed d out of question ion 15 Entrepreneurial culture and growth orientation include all the following except. Select one: O a. The desire to progress at a slow and steady pace. O b. Encouraging employees to come up with new ideas. O c. Concentrating on possibilities and opportunities. Od. Being inventive. De Rosario is in the process of determining the best