Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
expand_more
expand_more
format_list_bulleted
Textbook Question
Chapter 7, Problem 2CRQ
What differentiates an entrepreneur from a small-business owner?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Which statement indicates that you are making an unstated assumption?
It seems that . . .
I assume that . . .
In my opinion . . .
It’s clear that . . .
Consider the case of Nutrorim that you read in Module 1 from a culture, structure, and strategy perspective. Answer the following questions. Be sure to support your reasoning with evidence from the case and course concepts.
Two-way communication between managers and subordinates was first emphasized during the ______.
contingency era
empowerment era
human relations era
scientific management era
Which of the following behaviors characterizes a manager using the contingency approach to communication?
enforce strict compliance to rules and procedures
analyze the factors affecting each situation to determine if an autocratic or participative style is needed
use committees to make most decisions
consult with staff but make the final decision individually in most situations
Why is managerial communication more complicated today than in the past?
large project teams
renewed emphasis on profit margins
increased diversity in the workforce
products change little from year to year
In which decade did the United States begin embracing diversity?
2000s
1980s
1960s
1940s
Which approach to management communication is characterized by the interdependence of jobs, organizations, and…
Chapter 7 Solutions
Principles of Management
Ch. 7.1 - What do you think enabled Jack Bonneau to start...Ch. 7.1 - What personal characteristics and values will Jack...Ch. 7.1 - Describe several types of entrepreneurs.Ch. 7.1 - What differentiates an entrepreneur from a...Ch. 7.1 - What are some major factors that motivate...Ch. 7.2 - What type of entrepreneur is Apollonia PoilĂ¢ne?Ch. 7.2 - What personal ethics drove Apollonias decision to...Ch. 7.2 - Describe the personality traits and skills...Ch. 7.2 - What does it mean when we say that an entrepreneur...Ch. 7.3 - What are three ways small businesses can be...
Ch. 7.3 - What social and economic factors have prompted the...Ch. 7.4 - How can potential business owners find new...Ch. 7.4 - Why is it important to develop a business plan?...Ch. 7.4 - What financing options do small-business owners...Ch. 7.5 - What led MailChimps founders to change its focus...Ch. 7.5 - What was MailChimps big idea that changed the...Ch. 7.5 - How does the small-business owners role change...Ch. 7.5 - How does managing a small business contribute to...Ch. 7.5 - What are the benefits to small firms of doing...Ch. 7.6 - Why are small businesses becoming so popular?Ch. 7.6 - Discuss the major advantages and disadvantages of...Ch. 7.7 - What is the Small Business Administration (SBA)?Ch. 7.7 - Describe the financial and management assistance...Ch. 7.8 - What significant trends are occurring in the...Ch. 7.8 - How is entrepreneurial diversity impacting small...Ch. 7.8 - How do ethics impact decision-making with...Ch. 7 - What are the differences between classic,...Ch. 7 - What differentiates an entrepreneur from a...Ch. 7 - What are some major factors that motivate...Ch. 7 - How can potential business owners find new...Ch. 7 - Why is it important to develop a business plan?...Ch. 7 - What financing options do small-business owners...Ch. 7 - How do the small-business owners and entrepreneurs...Ch. 7 - What are the benefits to small firms of doing...Ch. 7 - Describe the financial and management assistance...Ch. 7 - What significant trends are occurring in the...Ch. 7 - How is entrepreneurial diversity impacting small...Ch. 7 - How do ethics impact decision-making with...Ch. 7 - What characteristics made Vic Ahmed a successful...Ch. 7 - How did their Ahmed and Steven Cases partnership...Ch. 7 - Is focusing on smaller cities rather than areas...
Additional Business Textbook Solutions
Find more solutions based on key concepts
5. Which inventory costing method results in the lowest net income during a period of rising inventory costs?
W...
Horngren's Financial & Managerial Accounting, The Financial Chapters (Book & Access Card)
Discussion Questions 1. What characteristics of the product or manufacturing process would lead a company to us...
Managerial Accounting (5th Edition)
Why is the capital-budgeting process so important?
Foundations Of Finance
FIFO, Perpetual Basis. Spider incorporated provided the following information regarding its inventory for the c...
Intermediate Accounting (2nd Edition)
Tennessee Tool Works (TTW) is considering investment in five independent projects, Any profitable combination o...
Engineering Economy (17th Edition)
The reason behind the expected return of a risky security that generally differs from the risk-free interest ra...
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
Knowledge Booster
Similar questions
- Why is managerial communication more complicated today than in the past? large project teams renewed emphasis on profit margins increased diversity in the workforce products change little from year to yeararrow_forwardConsider the case of Nutrorim that you read in Module 1 from a culture, structure, and strategy perspective. Answer the following questions. Be sure to support your reasoning with evidence from the case and course concepts. 1. Imagine you are a consultant tasked with helping this company make better decisions. What macro level changes would you recommend Don make so the organization and he can make better decisions?arrow_forwardOrganizational Culture and Succession Planning I need help Creating, a summary identifying 3 key work trait differences that can be identified that could impact the culture of your organization, and the impact of such differences on succession planning.arrow_forward
- I need help answering the following questions Why is having a strong organizational culture important? What are some ways leaders can develop and manage organizational culture? How might this help with recruiting and retaining employees?arrow_forwardBased on your Course Project (Organizing a diversity, equity, and inclusion (DEI) awareness month celebration) and considering what you read about project variables in the Planning Performance domain, what are the possible scheduling issues you believe your project is susceptible to? Please explain with details and make sure you identify any project variables you need to be cognizant of.arrow_forward1. Discuss the elements of the mission and vision statements and their importance to new entrepreneurial ventures. 2. Develop a mission and vision statement for a new technology venture. 3. Include a corporate social responsibility (CSR) initiative in each statement.arrow_forward
- Action innovations for entrepreneurial venture types include; Invention, Extension, Duplication, and Synthesis. What is an idea that you believe would qualify as a good entrepreneurial venture, identify the type of action innovation the idea is, and provide a product or service (or a revolutionary product or service) that would fit the type of innovation you have chosen to discuss as a possible venture. Financial planning company is the venture.arrow_forwardConsider the case of Nutrorim that you read in Module 1 from a culture, structure, and strategy perspective. Answer the following questions. Be sure to support your reasoning with evidence from the case and course concepts. What impact has the democratic culture had on the company’s ability to make good, effective, decisions? How do you think this culture evolved? Do you think the culture is still effective why/why not?arrow_forwardWhat are several strategies to initiate as described in the Leadership Recommendation Project (LRP)?arrow_forward
- Consider the case of Nutrorim that you read in Module 1 from a culture, structure, and strategy perspective. Answer the following questions. Be sure to support your reasoning with evidence from the case and course concepts.arrow_forwardWhat are the stages of team development and their information?arrow_forwardPlease original work Name of fiction technology company: TESC technology Corp Background information: You are the chairman of the board for a large technology company. You are seeking a new CEO to replace your recently departed company founder. You are seeking an innovative leader for your organization. What do you think are the most important characteristics for the leader to have? Explain why each is important. How will you determine if an individual has those characteristics? Discuss how executives can ensure a successful fit. Please cite in text references and add weblinksarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning