1. Why people have to face failure first before become successful.
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- Why is it significant that an organization allow for failure, What are some significant ways an organization can allow for failure and still find success?Imagine one or more failure scenarios for a business of your own. How do you think you would respond to the threat of failure? How do you think you’ll be able to take the lessons learned from your failures and use them to attain more success in the future?Given the risks involved in starting any company, should an aspiring entre-preneur investigate all possible failure scenarios and develop action plans to avoid these potential outcomes? Explain your answer.
- critical thinking: Imagine one or more failure scenarios for a business of your own. How do you think you would respond to the threat of failure? How do you think you’ll be able to take the lessons learned from your failures and use them to attain more success in the future?What questions do you normally ask to have a successful career? Explain.(1) What are the major causes of business failure?
- 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…Discuss why you think the business failed and what could have been done differently to keep the business operational.What does your business do poorly, What problems could be avoided?
- Provide a discussion that illustrates how personal characteristics of a successful entrepreneur can be leveraged to mitigate against the sources of failure.give me example of the challenges we anticipate and how you will set yourself up for success in MIS courseGiven the uncertainty and dynamic nature of the business environment, is a business plan necessary? Cite the reasons for your answer.