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Case summary:
Writing scripts for the entertainment industry is a challenging work due to a lot of competition and low prices, the writer in the case started earlier in the life while studying and gathered following, after some years the writer got a TV show that recognized the work, thereafter the writer independently launched various shows that failed until one show that became a huge hit, the writer thereafter closed a movie after two years of operation due to writer’s union strike, entrepreneurs have to deal with various issues, however dedication and entrepreneurial drive does bring success.
Characters in the case:
A well-known writer, who started off earlier in life and thereafter launched the self made TV shows and movies.
Adequate information:
Entrepreneurs is a person who takes risk and starts up the business for the purpose of making profits.
To determine:
The reason that a writing profession is extremely risky for an entrepreneur who makes TV shows or movies.
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Chapter 1 Solutions
EBK UNDERSTANDING BUSINESS
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