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- mpany History and Profile Both Ito-Yokado and Seven-Eleven Japan were founded by Mr. Masatoshi Ito. He started his retail empire after the Second World War when he joined his mother and elder brother and began work in a small clothing store in Tokyo. By 1960, he was in sole control and the single store had grown into a $3 million company. After a trip to the United States in 1961, Ito became convinced that superstores were the wave of the future. At that time, Japan was still dominated by Mom- and-Pop stores. Ito’s chain of superstores in the Tokyo area was instantly popular and soon constituted the core of Ito-Yokado’s retail operations. In 1972, Ito first approached the Southland Corporation about the possibility of opening Seven-Eleven convenience stores in Japan. After rejecting his initial request, Southland agreed in 1973 to a licensing agreement. In exchange for 0.6 percent of total sales, Southland gave Ito exclusive rights throughout Japan. In May 1974, the first Seven-Eleven…1. Define entreprenuership. 2. Elobrate 3 essence of entrepreneurial behaviours. 3. Examine 2 separate ways that entrepreneur identify new business, product, and service opportunities.1.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. 2.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? 3.Explain why it is said that "Entrepreneurship is the life blood of ant economy?minimum of 100 words.
- Discuss FIVE (5) personal characteristics of a successful entrepreneur that will either result in success or failure in the process of shutting down their start up as shown in the extract.Mr Abdullah has a small business. Because of several reasons, he could not expand his business. Now he invited his friend Mr Ayman into the business and he invested a big amount. Now they are doing the business together. Based on this scenario, which of the following forms of business did they start? O a. Limited liability company O b. None of the options O. Partnership business O d. Sole proprietorship businessAhmed has just started to work on his entrepreneurial idea extensively. He works for |13 hours a day, leaves his family for longer times and started to think of mortgaging his own house to finance his new business. Ahmed believes that he is the one responsible for the success of his business, and there is no space for other forces to determine the success entrepreneurial mind-set does Ahmed have? Explain each. or failure of it but himself. What attributes of the
- 3. If someone starts a small business and never needs to hire employees, can they becalled an entrepreneur?Disscussif you onw a pendrive company. how do you plan to extend the business in the future.8 HOMEWORK-01 1. What is small business? Small Business Management? Who is entrepreneurs? 2. Draw the table and explain the characteristic of small business in Cambodia. 3. What contributions do small businesses make to our economy? 4. What are the problem facing of small business? 5. Explain model of the start-up process. 6. What advice would you offer an entrepreneurial friend who has just suffered a business failure?
- Describe the meaning of a "breakeven analysis" in relation to a business start-up initiative.1. Create literature review about development of start up related to entreprenuership, risk tolerance and innovation.Q1. Define entrepreneurship and explain the process of entrepreneurship explaining each stage with any of your business idea that you really want to start in your real life.