Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Question
Chapter 7, Problem 1DWS
Summary Introduction
To discuss: The career planning with a SWOT analysis.
Introduction: SWOT analysis identifies a company’s competitive position, by measuring strengths, weaknesses, opportunities and threats of the company.
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Check out a sample textbook solutionStudents have asked these similar questions
1-
Entrepreneurs must set goals that are
Specific, Masked, Actionable, Reasonable, Tacy
Specific, Masked, Actionable, Reasonable, Time bound
Special, Metered, Actionable, Reasonable, Timely
Specific, Measurable, Actionable, Relevant, Time-bound
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According to Mark Cuban, the #1 reason why entrepreneurs fail is
Lack of money, lack of energy
Lack of brain, lack of hard work
Lack of family and professional connections
Lack of good idea
3-
Starting a new business guarantees freedom
True
False
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Who is an intrapreneur?
People who are responsible for internal activity in an entrepreneurial venture
people who independantly set up big organizations
people who take up entrepreneurial activity as part of a bigger organization
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Successful entrepreneurs have following qualities
They are highly emotional
None of the above
They care too much for self-respect
They are very creative
Conduct a personal analysis of yourself and an analysis of current situation. What are your strengths and weaknesses? What external opportunities or threats might affect any plans you might make? It should include a complete analysis of your current situation. Your discussion should focus on the following important points:a. Identify your three strongest soft skills (These must be the skills which you have practiced and developed in college). Show with evidence how you have developed these skills.b. Discuss about the experience in college and the current sources available to you to improve your soft skills.
compose one paragraph to the question: Is it appropriate to exaggerate within your business plan (the idea, numbers, plans)? Be sure to support your arguments and cite your sources.
Chapter 7 Solutions
Understanding Business
Ch. 7.1 - Prob. 7.1AQCh. 7.2 - Prob. 7.2AQCh. 7.2 - Prob. 1TPCh. 7.2 - Prob. 2TPCh. 7.2 - Prob. 3TPCh. 7.3 - Prob. 7.3AQCh. 7.3 - Prob. 4TPCh. 7.3 - Prob. 5TPCh. 7.3 - Prob. 6TPCh. 7.3 - Prob. 7TP
Ch. 7.5 - Prob. 7.5AQCh. 7.5 - Prob. 7.5BQCh. 7.5 - Prob. 7.5CQCh. 7.5 - Prob. 1MEDCh. 7.6 - Prob. 7.6AQCh. 7.6 - Prob. 8TPCh. 7.6 - Prob. 9TPCh. 7.6 - Prob. 10TPCh. 7 - Prob. 1CTCh. 7 - Prob. 2CTCh. 7 - Prob. 3CTCh. 7 - Prob. 4CTCh. 7 - Prob. 1DWSCh. 7 - Prob. 2DWSCh. 7 - Prob. 3DWSCh. 7 - Prob. 4DWSCh. 7 - Prob. 5DWSCh. 7 - Prob. 1TITCh. 7 - Prob. 2TITCh. 7 - Prob. 3TITCh. 7 - Prob. 1VCCh. 7 - Prob. 2VCCh. 7 - Prob. 3VC
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