Discuss any three International or national firms that you think have developed entrepreneurial culture, and can face the challenges of being an entrepreneurial firm. Give reasons.
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Discuss any three International or national firms that you think have developed entrepreneurial culture, and can face the challenges of being an entrepreneurial firm. Give reasons.
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- What is an emerging industry? What is the primary opportunity available to entrepreneurial firms in emerging industries? Name three examples of firms in emerging industries.How does challenging old assumptions and traditions lead to entrepreneurial opportunities? How can the entrepreneur influence the power of buyers and suppliers toward competitive conditions more favourable for the entrepreneur?How important is the entrepreneurial spirit in expanding a business into the global marketplace?
- What is the difference between standard of living and quality of life? What is risk, and how is it related to profit? What do the terms stakeholders, outsourcing, and insourcing mean? What are some of the advantages of working for others? What benefits do you lose by being an entrepreneur, and what do you gain? What are the five factors of production? Which ones seem to be the most important for creating wealth? What are four ways the government can foster entrepreneurship? What is the difference between effectiveness, efficiency, and productivity? What is empowerment? What are some of the major issues affecting the economy today? What major factor caused people to move from farming to manufacturing and from manufacturing to the service sector? What does the future look like for tomorrow’s college graduates? What is the difference between macroeconomics and microeconomics? What is better for an economy than teaching a man to fish? What does Adam Smith’s term invisible hand mean? How…How can one's ability as an entrepreneur be developed?1. Why are businesses important in the country? In community? 2. What are the 5 steps in the pursuit of an entrepreneurial procedure? 3. What is the Imperfect competition that refers to any form of market structure other than perfect competition?
- How do you understand entrepreneurship undertakings and marketing contributions to the economy? Give at least two examples to support your answer.Name an entrepreneur that you admire and state his/ her three entrepreneurial characteristic and give the explanantion for each characteristicGive an example of an entrepreneur(s) who reaped at least one benefit and drawback?