Answered: How big businesses can hurt…

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter7: Entrepreneurship

Section: Chapter Questions

Problem 10CRQ: What significant trends are occurring in the small-business arena?

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How big businesses can hurt small-business

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How do the small-business owners and entrepreneurs roles change over time?
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What are the most common reasons for a small business to fail? Do these factors extend to larger corporations as well?
How do entrepreneurs come up with ideas for successful businesses?
Why would small business ownership have great appeal to immigrants, women, and minorities?
What advantages do entrepreneurs and their business have?
What are the benefits to small firms of doing business internationally, and what steps can small businesses take to explore their options?
What significant trends are occurring in the small-business arena?
How does managing a small business contribute to its growth?
How does the small-business owners role change over time?
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