Management
12th Edition
ISBN: 9781305393462
Author: DAFT, Richard L.
Publisher: South-Western College Pub
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Question
Chapter 6, Problem 9EE
Summary Introduction
To determine:
If as a child I had a small enterprise or a lemonade stand or paper route.
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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Students have asked these similar questions
1
write five (5) main issues (problems, challenges, solutions) facing entrepreneurs in your personal context?
discuss the objectives of an entrepreneur.
use the below points as part of discussion
1.
To gain control over one’s destiny
2. To reach full potential
3. To contribute to society and be recognised for their efforts
4. To start a new career
5. To make a profit
What two reasons will you give for saying one is a successful entrepreneur?
Chapter 6 Solutions
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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Similar questions
- In 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_forwardjeff bezos advised entrepreneurs to produce goods and services with a "good brand name ". Elon Musk said that entrepreneurs should endeavor to produce a "great product". What common sense value are they talking about?arrow_forwardVaynerchuk has been quoted as saying that if you live for Friday, get a different job. How does this apply to successful entrepreneurs?arrow_forward
- You and your best friend of 20 years have decided to start a restaurant that would only be selling locally sourced organic food. In context of the new restaurant you and your friend are planning to open, identity and elaborate all the external factors that can affect your new businessarrow_forwardkindly explain and give one example each about young entrepreneurs, women entrepreneurs, home-based business/ entrepreneurs, family businesses, copreneurs. Thankyou so much for helping! <3arrow_forwardGive a short explanation for each items Why NOT to be an Entrepreneur Uncertainty of income Risk of losing entire invested capital Lower quality of life until business gets established High levels of stress Complete responsibilityarrow_forward
- Below are two-word clouds. Entrepreneurship and an entrepreneur. Create a definition by using the terms around Entrepreneurship and Entrepreneur.arrow_forwardIf an entrepreneur possess the following characteristics: innovation, visionary, risk taker, quality driven, flexible, tenacious and collaboration and communication. How do you believe these characteristics and the entrepreneur’s cultural background influenced their success?arrow_forwardWhat's Newarrow_forward
- To the new millennials, a career for life or working for others are no longer attractive options. It is getting increasingly popular for them to strike out on their own as an entrepreneur. Discuss any 4 factors that are feeding this entrepreneurial fire.arrow_forwardEntrepreneurs are able to identify opportunities even in adverse and difficult situations. To which one of the following important personal characteristics of an entrepreneur does this statement refer? a. Involvement in the business b. Positive attitude and approach c. Commitment to the business d. Perseverancearrow_forwardDetermine the characteristics that entrepreneurs need in order for their businesses to be profitable. How can these qualities be fostered in the company's employees?arrow_forward
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