Management, Loose-Leaf Version
13th Edition
ISBN: 9781305969308
Author: Richard L. Daft
Publisher: South-Western College Pub
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Question
Chapter 6, Problem 9EE
Summary Introduction
To determine:
If as a child I had a small enterprise or a lemonade stand or paper route.
Introduction:
Entrepreneur − A person who is able to recognize that a potential idea which could be converted into a service or a new product altogether and takes the necessary steps for that.
Characteristic refers to a person's quality while behavior refers to how one conducts oneself in any given scenario or situation.
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Students have asked these similar questions
1
write five (5) main issues (problems, challenges, solutions) facing entrepreneurs in your personal context?
discuss the objectives of an entrepreneur.
use the below points as part of discussion
1.
To gain control over one’s destiny
2. To reach full potential
3. To contribute to society and be recognised for their efforts
4. To start a new career
5. To make a profit
What two reasons will you give for saying one is a successful entrepreneur?
Chapter 6 Solutions
Management, Loose-Leaf Version
Ch. 6 - Prob. 1OTJVCCh. 6 - Prob. 2OTJVCCh. 6 - Prob. 3OTJVCCh. 6 - Prob. 1DQCh. 6 - Prob. 2DQCh. 6 - Prob. 3DQCh. 6 - Prob. 4DQCh. 6 - Prob. 5DQCh. 6 - Prob. 6DQCh. 6 - Prob. 7DQ
Ch. 6 - Prob. 8DQCh. 6 - Prob. 9DQCh. 6 - Prob. 10DQCh. 6 - Prob. 1EECh. 6 - Prob. 2EECh. 6 - Prob. 3EECh. 6 - Prob. 4EECh. 6 - Prob. 5EECh. 6 - Prob. 6EECh. 6 - Prob. 7EECh. 6 - Prob. 8EECh. 6 - Prob. 9EECh. 6 - Prob. 10EECh. 6 - Prob. 11EECh. 6 - Prob. 12EECh. 6 - Prob. 13EECh. 6 - Prob. 14EECh. 6 - Prob. 15EECh. 6 - Prob. 1SGBCh. 6 - Prob. 1EDCh. 6 - Prob. 2EDCh. 6 - Prob. 3EDCh. 6 - Prob. 1CFCACh. 6 - Prob. 2CFCACh. 6 - Prob. 3CFCA
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Similar questions
- In your own words, explain why each of these myths were believed to be TRÚE in the past and why they are INCORRECT today. These are the myths that you must consider: Entrepreneurs are born, not made Entrepreneurs are doers, not thinkers Entrepreneurs are always inventors Entrepreneurs are academics and social misfits Entrepreneurs must fit the profilearrow_forwardjeff bezos advised entrepreneurs to produce goods and services with a "good brand name ". Elon Musk said that entrepreneurs should endeavor to produce a "great product". What common sense value are they talking about?arrow_forwardWhich of the following skills do you believe is the most important to make a successful entrepreneur? Why do you believe this skill is of such importance? What makes it more important than the other skills? persuasion, leadership, personal accountability, goal orientation, and interpersonal skillsarrow_forward
- What characteristics does the entrepreneur appear to have? How do you believe these characteristics and the entrepreneur's cultural background influenced their success?arrow_forwardVaynerchuk has been quoted as saying that if you live for Friday, get a different job. How does this apply to successful entrepreneurs?arrow_forwardYou and your best friend of 20 years have decided to start a restaurant that would only be selling locally sourced organic food. In context of the new restaurant you and your friend are planning to open, identity and elaborate all the external factors that can affect your new businessarrow_forward
- kindly explain and give one example each about young entrepreneurs, women entrepreneurs, home-based business/ entrepreneurs, family businesses, copreneurs. Thankyou so much for helping! <3arrow_forwardGive a short explanation for each items Why NOT to be an Entrepreneur Uncertainty of income Risk of losing entire invested capital Lower quality of life until business gets established High levels of stress Complete responsibilityarrow_forwardIf an entrepreneur possess the following characteristics: innovation, visionary, risk taker, quality driven, flexible, tenacious and collaboration and communication. How do you believe these characteristics and the entrepreneur’s cultural background influenced their success?arrow_forward
- Which Common Myths about Entrepreneurs do you know? Which one seems more realistic for you? 250-300 wordarrow_forwardWhich Common Myths about Entrepreneurs do you know? Which one seems more realistic for you?arrow_forwardEntrepreneurs must be strategic thinkers in order to develop the plans and objectives necessary to start abusiness that will last. Imagine you are starting a new music-streaming service. You have decided todifferentiate your service from the others already in the marketplace. Think of three ways to add value toyour service and also the performance measures you’ll need to use in order to know if your added valueis really valued by customers.arrow_forward
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