EBK MANAGEMENT
12th Edition
ISBN: 8220100546563
Author: DAFT
Publisher: YUZU
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Question
Chapter 6, Problem 1EE
Summary Introduction
To determine:
My characteristic of being an entrepreneur, that is to see if I am able to convert the ideas into results.
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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Write a reflection paper on "What motivates people to become an entrepreneur?" in 1 paragraph only with 500-700 words. Below is the guide.What motivates people to become an entrepreneur?Greater Control
As a self-employed business owner you'll have the freedom to make executive decisions that will affect the future of not only your company but also your family and career in the long-term. As an employee you can only exercise control within the boundaries of your job description.
Flexible Work Hours
One of the most appealing types of control that an entrepreneur has is the ability to choose when they want to work. With that said, working inconsistent hours and failing to commit to a set work schedule is a sure way to hinder the success of your business. Be realistic and don't give yourself too many vacations or progress will certainly suffer. Keep in mind that balancing work and life is an essential aspect of succeeding as a business owner.
Open-Ended Career Progression
As an employee…
(a) How has information technology transformed business and managerial decision-making?(b) What are some major factors that motivate entrepreneurs to start businesses?
2.1 It is generally assumed that entrepreneurs can be successful if they possess a high
level of an internal locus of control. Based on your knowledge of entrepreneurial
behaviours, outline attributes associated with this type of locus of control.
Chapter 6 Solutions
EBK MANAGEMENT
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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- - Provide an example where these beliefs have held you back from pursuing opportunities or taking calculated risks.arrow_forwardIn 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_forwardPutting your business plan in writing helps you communicate your ideas to others. Do you think discussing your business plan out loud in a meeting can also help get your ideas across? Why or why not?arrow_forward
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