Defining entrepreneurship - Study guides, Class notes & Summaries

Ophelia runs a local seamstress business. Ophelia is losing customers to a competing business. Upon sending an employee over to check out the competition, Ophelia discovers the competitor's turnaround time is double her turnaround time. What should Ophelia's new marketing strategy be to woo back her customers? - service Gabe has worked as a journeyman electrician for an employer for the past 16 years. He is paid a good salary. His only dissatisfaction is the hours are long and often when...

IUPUI BUS-x100 Exam 2 Latest Update Graded A+ Service Industries Services Distribution Industries Retailing & Wholesale Trade Production Industries Manufacturing, General & Heavy Construction, Special Trade Construction Advantages of Small Businesses Flexibility, Independence, Service, Simplified, Specialization Disadvantages of Small Businesses Risk of failure, Limited potential, Limited ability to raise capital, Little 'power' key issues involved in entrepreneurship risk, creativity, in...

After doing a self-assessment, Peter realizes he wants to start a plumbing business, but doesn't want to risk alot of his own money. What would be his best option? - ANSWER-Purchase an existing business Besides defining strengths and weaknesses, what is the other main factor determined during a self-assessment? - ANSWER-Risk tolerance Todd wants to open a golf shop. Todd doesn't have any collateral except for his Ford Pinto. Upon attempting to secure financing from a bank, Todd is reject...

Test Bank For Canadian Entrepreneurship And Small Business Management 11th Edition By Wesley Balderson Version 1 2 MULTIPLE CHOICE - Choose the one alternative that best completes the statement or answers the question. 1) The growth of small business in Canada has consistently 1) ______ A) surpassed the growth of the Canadian economy as a whole. B) fallen short of the growth of larger organizations in Canada. C) been a matter of frustration for Canadian bankers. D) been centred in ...

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Instructor Resource Neck, Entrepreneurship, 1e SAGE Publishing, 2018 Answers to Questions in the Text Chapter 1: Entrepreneurship: A Global Social Movement ENTREPRENEURSHIP IN ACTION Niari Kevarian, CEO & Partner, Zooz Greek Iced Teas 1. In what ways do you see Niari Kevarian as being totally dedicated to the success of ZOOS? What does dedication mean for the entrepreneur? Sample Answer: Niari Kevarian has demonstrated total dedication to the success of her business by seekin...

Ophelia runs a local seamstress business. Ophelia is losing customers to a competing business. Upon sending an employee over to check out the competition, Ophelia discovers the competitor's turnaround time is double her turnaround time. What should Ophelia's new marketing strategy be to woo back her customers? - ANSWER-service Gabe has worked as a journeyman electrician for an employer for the past 16 years. He is paid a good salary. His only dissatisfaction is the hours are long and often ...

After doing a self-assessment, Peter realizes he wants to start a plumbing business, but doesn't want to risk alot of his own money. What would be his best option? - ANSWER-Purchase an existing business Besides defining strengths and weaknesses, what is the other main factor determined during a self-assessment? - ANSWER-Risk tolerance Todd wants to open a golf shop. Todd doesn't have any collateral except for his Ford Pinto. Upon attempting to secure financing from a bank, Todd is reject...

Instructor Resource Neck, Entrepreneurship, 1e SAGE Publishing, 2018 Answers to Questions in the Text Chapter 1: Entrepreneurship: A Global Social Movement ENTREPRENEURSHIP IN ACTION Niari Kevarian, CEO & Partner, Zooz Greek Iced Teas 1. In what ways do you see Niari Kevarian as being totally dedicated to the success of ZOOS? What does dedication mean for the entrepreneur? Sample Answer: Niari Kevarian has demonstrated total dedication to the success of her business by seekin...

organization - correct answer systematic arrangement of people brought together to accomplish some specific purpose. 3 common characteristics of organizations - correct answer every organization has a purpose and is made up of people who are grouped in some fashion. no purpose or goal can be achieved without people making decisions to establish the purpose and performing a variety of activities to make the goal a reality. all org...