Successful entrepreneurs - Study guides, Class notes & Summaries

Test Bank For Entrepreneurship: The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray Chapter 1: Entrepreneurship: A Global Social MovementTest Bank Multiple Choice 1. The authors define entrepreneurship as . a. a discipline that seeks to understand how opportunities are discovered, created, and exploited, by whom, and with what consequences b. starting a small business by finding investors and launching a product c. developing a new market by creating a produ...

someone who is emotional and analytical would be found in - red-blue generally speaking, public policy is concerned with ____ while entrepreneurship is concerned with _____ - wealth transfer, wealth creation what is closed innovation - a method in which companies must generate their own ideas that they will then develop, manufacture, etc. although Lucent and Cisco were competing directly in the same industry, what did they do differently? - Lucent develop new tech and Cisco acquired new te...

ETP3701 Assignment 4 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED Answers, guidelines, workings and references ..... CASE STUDY Agripreneur: Ngwamba turns agricultural trash into burning treasure With a passion for sustainability and innovation, Given Ngwamba transformed adversity into opportunity, creating Nzilo Charcoal and paving the way for eco-friendly grilling solutions. Years ago, Given Ngwamba’s garage in Ka-maqhekeza, Mpumalanga was transformed into an impromptu innov...

ENTR 3310 Exam | Questions with 100% Correct Answers Creating a new product or venture within a large corporation is known as ______. intrapreneurship startup benefit entrepreneurship family enterprise Entrepreneurial thinking involves ______. starting with what you have expected return small actions experimentation A method of carrying out carefully focused efforts to improve current performance is ______. habitual practice effectuation deliberate practice entrepreneurship One of the seven tr...

Entrepreneurship (academic) Process by which individuals pursue opportunities without regard to resources currently controlled Venture Capitalist Art of turning an idea into a business What do entrepreneurs do? assemble and integrate resources needed to transform an invention or idea into a viable business Four primary Characteristics of successful entrepreneurship 1. Passion for venture 2. Tenacity despite failure 3. Customer focus 4. Execution intelligence Fo...

ESB EXAM Study Guide Test Questions With Revised Correct Answers What are three characteristics of entrepreneurs? - ANSWER : Creativity, Determination, Enthusiasm After a self-assessment, a potential entrepreneur has learned that she has a very low risk tolerance. Based upon this finding, which approach might be less stressful for the entrepreneur to have her own business? - ANSWER : Buy an existing business that is already successful. An entrepreneur moves into a small town ...

Which of the following statements regarding survival rates of entrepreneurial firms in the United States is correct? correct answers As high as 50 percent after four years Cody Rodgers is the founder of a company named Extreme Sports Apparel. The company makes apparel products for extreme sports enthusiasts such as rock climbers, triathletes, skateboarders, and BMX bikers. Cody wants his company to pursue a high level of corporate entrepreneurship. To achieve that goal, Cody's firm should be...

Comp XM 2 Questions and Answers Already Graded A Review the Inquirer to determine Chester's current strategy. How will they seek a competitive advantage? From the following list, select the top five sources of competitive advantage that Chester would be most likely to pursue. b) Reduce labor costs through training and recruitment c) Seek the lowest price in their target market while e) Offer attractive credit terms g) Seek high automation levels h) Seek high plant utilization, even if it risks...

Business Final AES Questions and Answers 100% Pass What might be a motivation to become an entrepreneur? Be your own boss The definition of an entrepreneur is a person who Is willing to take a risk in the hunt for new business opportunities Why is it important for entrepreneurs with home-based businesses to remember? You need to work hard to build your business and make it successful What is a benefit of starting a new business from scratch? you are creating something that is uniquely your ow...

MGMT 325 Test 2 | Questions with 100% Correct Answers _____ occurs when an enterprising individual pursues a lucrative opportunity. A. Bootlegging B. Franchising C. Intrapreneurship D. Entrepreneurship E. Business incubation According to many entrepreneurs and observers, when creating a new business, one should start with: A. strategic positioning. B. social capital. C. great ideas. D. domain selection. E. social responsibility. With which of the following models does a site pay commissions to...