Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 7.1, Problem 2CTQ
What personal characteristics and values will Jack need to continue running his business while also attending school full-time?
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Chapter 7 Solutions
Principles of Management
Ch. 7.1 - What do you think enabled Jack Bonneau to start...Ch. 7.1 - What personal characteristics and values will Jack...Ch. 7.1 - Describe several types of entrepreneurs.Ch. 7.1 - What differentiates an entrepreneur from a...Ch. 7.1 - What are some major factors that motivate...Ch. 7.2 - What type of entrepreneur is Apollonia PoilĂ¢ne?Ch. 7.2 - What personal ethics drove Apollonias decision to...Ch. 7.2 - Describe the personality traits and skills...Ch. 7.2 - What does it mean when we say that an entrepreneur...Ch. 7.3 - What are three ways small businesses can be...
Ch. 7.3 - What social and economic factors have prompted the...Ch. 7.4 - How can potential business owners find new...Ch. 7.4 - Why is it important to develop a business plan?...Ch. 7.4 - What financing options do small-business owners...Ch. 7.5 - What led MailChimps founders to change its focus...Ch. 7.5 - What was MailChimps big idea that changed the...Ch. 7.5 - How does the small-business owners role change...Ch. 7.5 - How does managing a small business contribute to...Ch. 7.5 - What are the benefits to small firms of doing...Ch. 7.6 - Why are small businesses becoming so popular?Ch. 7.6 - Discuss the major advantages and disadvantages of...Ch. 7.7 - What is the Small Business Administration (SBA)?Ch. 7.7 - Describe the financial and management assistance...Ch. 7.8 - What significant trends are occurring in the...Ch. 7.8 - How is entrepreneurial diversity impacting small...Ch. 7.8 - How do ethics impact decision-making with...Ch. 7 - What are the differences between classic,...Ch. 7 - What differentiates an entrepreneur from a...Ch. 7 - What are some major factors that motivate...Ch. 7 - How can potential business owners find new...Ch. 7 - Why is it important to develop a business plan?...Ch. 7 - What financing options do small-business owners...Ch. 7 - How do the small-business owners and entrepreneurs...Ch. 7 - What are the benefits to small firms of doing...Ch. 7 - Describe the financial and management assistance...Ch. 7 - What significant trends are occurring in the...Ch. 7 - How is entrepreneurial diversity impacting small...Ch. 7 - How do ethics impact decision-making with...Ch. 7 - What characteristics made Vic Ahmed a successful...Ch. 7 - How did their Ahmed and Steven Cases partnership...Ch. 7 - Is focusing on smaller cities rather than areas...
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- Why there is a need to assess one's PECs in terms of characteristics, attributes, lifestyle, skills, and trait before starting a particular business?arrow_forwardDoes passion have a motivational effect that encourages entrepreneurs to overcome any challenge?arrow_forward1. Ms. Azura started her business by selling chicken rice in her hometown about nine years ago. She has tried to expand her business to meet the needs of herself and her family. Now, she has successfully expanded her business by opening a restaurant that has received favourable response. Give FOUR (4) personality traits of an entrepreneur that Ms. Azura has.arrow_forward
- According to humanistic psychology, we all can be psychologically healthy and are able to attain the highest possible state of contentment and happiness provided we can develop certain characteristics. Discuss what characteristics you feel you have at present and elaborate that which characteristics you would like to develop in your personality and why?arrow_forward- Provide an example where these beliefs have held you back from pursuing opportunities or taking calculated risks.arrow_forward“Dual-earner couples are becoming increasingly common. What are some of the challenges faced by individuals in these dual-earner roles? How might organizations help their employees alleviate, or lessen, some of these challenges?”arrow_forward
- If you are a typical college student who doesn’t have much financial security at the moment but is also trying to fulfill higher-order needs such as social interaction and self-actualization through your education, would it make more sense, according to Maslow, to drop out of college and work seven days a week so you could help ensure that your physiological and safety needs are met?arrow_forwardWhat is your advice for those who plan to start a family business?arrow_forwardWhat could have happened if a man chose to work for another company rather than starting his own business?arrow_forward
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