Discussion Questions No. 3 1. Why is vision Important for an entrepreneur? 2. Do ideas and opportunities spring forth from vision or it is the other way around? Justify your answer. 3. What are the darçers if an entrepreneur starts a business withoul a business plan? 4. What important fac:s should an entrepreneur gather in preparing a business plan? 5. Cood planning forces entrepreneurs to antic pate several things for his business. What are they? 6. In creating a business plan, wnich is the more importan:- form or subs:ance? 7. Why should an entrepreneur answer the question: What need will my product or service fil? 8. What functions does a business plan perform?
Discussion Questions No. 3 1. Why is vision Important for an entrepreneur? 2. Do ideas and opportunities spring forth from vision or it is the other way around? Justify your answer. 3. What are the darçers if an entrepreneur starts a business withoul a business plan? 4. What important fac:s should an entrepreneur gather in preparing a business plan? 5. Cood planning forces entrepreneurs to antic pate several things for his business. What are they? 6. In creating a business plan, wnich is the more importan:- form or subs:ance? 7. Why should an entrepreneur answer the question: What need will my product or service fil? 8. What functions does a business plan perform?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:5:04 PM A On
53
Discussion Questions No. 3
1. Why is vision Important for an entrepreneur?
2. Do ideas and oppartunities spring forth from vision or it is the other
way around? Justify your answer.
3. What are the dangers if an entrepreneur starts a business without a
business plan?
4. What important facts should an entrepreneur gather in preparing a
business plan?
5. Good planning forces entrepreneurs to antic pate several things for his
business. What are they?
6. In creating a business plan, which is the more important - form or
substance?
7. Why should an entrepreneur answer the question: What need will my
product or service fil?
6. What functions does a business plan perform?
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