Management (14th Edition)
Management (14th Edition)
14th Edition
ISBN: 9780134527604
Author: Stephen P. Robbins, Mary A. Coulter
Publisher: PEARSON
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Chapter 10, Problem 16DQ
Summary Introduction

To determine:

Growth in entrepreneur business by Mr. C.

Introduction:

The success of an entrepreneur is creating an impact on new startups in an area. Mr. C business has these factors which help an entrepreneur to grow their business.

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List the three categories of entrepreneurs. 2. Once you have decided to go into business for yourself, there are three ways that you can acquire this business. List them. 3. What is the first step for starting a new business? 4. What is the most common use for a business plan? 5. What does the hopeful entrepreneur do once he or she has finished the business plan? 6. What are the two types of financing available to entrepreneurs? 7. List four common causes for business failure. 8. List three advantages that small businesses have over larger, more complex companies.
1. Does someone need to start a business from scratch to be called an entrepreneur? 2. Can we call someone an entrepreneur if they bought an ongoing business from someone else or took over the operations of a family business from their parents? 3. If someone starts a small business and never needs to hire employees, can they be called an entrepreneur?
You are about to finish the business degree in near future. There are different options afterwards, most of the students seek job opportunities, and many of the students decide to manage their family businesses. In recent times, entrepreneurship studies got much interest among young graduates and people tend to establish independent units. If you choose to become an entrepreneur, why would you choose to be? In case you choose not to become an entrepreneur, what would be the reason? Also prepare your own SWOT analysis.
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