hi there tutors! im here to cure my doubts. i hv 2 big questions to ask here. please help solve.(about Entrepreneurship) Required: 1. State & explain 2 costs and 2 benefits of being an entrepreneur. What are the 2 main industries in the country Malaysia? Discuss 5 ways to avoid business failure in entrepreneurship. 2. Discuss 5 components of competitive advantage. List the 4 elements when entrepreneurs translate strategic plans into action plans. Describe 3 ways how a vision statement can help a company. Thats all, tutor, i hope for a clear, precise & easy-to-understand explanations. (non-plagiarized answers) Thanks tutor!

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter6: Managing Start-Ups And New Ventures
Section: Chapter Questions
Problem 9DQ
icon
Related questions
Question

hi there tutors! im here to cure my doubts.

i hv 2 big questions to ask here. please help solve.(about Entrepreneurship)

Required:

1.

  • State & explain 2 costs and 2 benefits of being an entrepreneur.
  • What are the 2 main industries in the country Malaysia?
  • Discuss 5 ways to avoid business failure in entrepreneurship.

2.

  • Discuss 5 components of competitive advantage.
  • List the 4 elements when entrepreneurs translate strategic plans into action plans.
  • Describe 3 ways how a vision statement can help a company.

Thats all, tutor, i hope for a clear, precise & easy-to-understand explanations. (non-plagiarized answers) Thanks tutor!

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Business policy
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Management, Loose-Leaf Version
Management, Loose-Leaf Version
Management
ISBN:
9781305969308
Author:
Richard L. Daft
Publisher:
South-Western College Pub