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(1) Would someone who excels at independent
entrepreneurship automatically excel at an
intrapreneurial effort? Why or why not? (2) Does the
inability or unwillingness to work within the constraints
of a typical corporation mean someone is naturally
suited to entrepreneurship? Why or why not?
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- 1. Can someone be an entrepreneur without owning their own business? 2. Can a person be an entrepreneur because of the nature of the work that they do within a large corporation?4.What does the process of writing a business plan force an entrepreneur to do?1. Discuss whether the term corporate entrepreneurship is an oxymoron? 2. Can corporations especially large ones be innovative?
- b. Discuss how can an entrepreneur effectively balance the need to innovate and take risks with the need to manage resources and ensure profitability in the long term?Define the following types of organizations and give an example of each. Also, how are profits taxed in each organization? Sole proprietorship Partnership LLC S-Corporation C-Corporation Which of the above organizations do you think would be the best for a start-up? Why?What are the most common reasons for a small business to fail? Do these factors extend to larger corporations as well?
- 1. If someone buys a business but hires professional managers to run it so they don’t have to be involved in the operations, are they an entrepreneur? 2. Is someone an entrepreneur if they buy into a franchise so they can follow a well-established formula for running the operation? 3. Is someone an entrepreneur because of what they do or because of how they think?1. Could writing a conventional business plan ever cause more harm than good? Explain your answer?2. If you wanted some assistance in setting up and running a new business, you might look at business incubators as a solution. What kind of assistance would you consider the most valuable?3. Given the risks involved in starting any company, should an aspiring entrepreneur investigate all possible failure scenarios and develop action plans to avoid these potential outcomes? Explain your answer.4. How do autocratic, democratic, and laissez-faire leadership styles differ?5. Ethical considerations. Apart from meeting the company’s future talent needs, do managers have a personal ethical obligation to help their employees develop and advance in their careers? Explain your answer.6. What are the advantages and disadvantages of the unstructured organizational model?7. Suppose you are the marketing manager of the credit-card department of a financial institution. Your objective is to support the…what comes into your mind when you hear the word entrepreneur? business?
- Everyone admires an entrepreneur, but maybe that is because no one knows exactly what he or she does. A description of entrepreneurial duties has never been solidified, and Wirtz explains that this is an ongoing problem for those wanting to measure such duties and responsibilities, as well as for those wanting to conduct research into the successes and failures of entrepreneurship. How did you move from being a young (child) entrepreneur to becoming an employee or thinking of becoming just an employee?1. Can someone who works within an existing organization that they don’t own be considered an entrepreneur if they start an innovative venture for their organization? 2. Can a venture be considered to be entrepreneurial if it is a not-for-profit, or should only for-profit businesses be considered entrepreneurial?Explain the four types of Preneurs and Give two example each; > Intrapreneurs > Solopreneurs > Entrepreneurs > Investorpreneurs