Describe the place of small business in history

Assignment Help Management Theories

Reference no: EM133737032

Entrepreneurship

Learning Outcome 1: Describe the place of small business in history and explore the strengths and weaknesses of small business. (CLO1)
Learning Outcome 2: Outline the solid understanding of the potential of entrepreneur in today's competitive business world. (CLO2)

PART (A):

Question 1. Explain the differences among creativity, innovation, and entrepreneurship. Why are creativity and innovation so important to the survival and success of a business? (Minimum 200 words)

Question 2. describe the role of the following groups in entrepreneurship: women, minorities, immigrants, "part-timers," home-based business owners, family business owners. (Minimum 200 words)

PART (B):
Choose one local small business and answer the following questions:
A. Scope and type of business
• Business idea: what is the big idea? Is it a product or a service? What makes this idea different?
• Mission Statement.
• Company's short-term and long-term goals and objectives.

B. Business Philosophy
• Describe the most important company strengths and core competencies: What factors will make the company succeed? What do you think the major competitive strengths of this company?
•
• Risk Assessment: Evaluate the strengths and weaknesses of this business using SWOT.

Products and Services
• Briefly discuss the products or services.
• Size of business: how many employees? How many offices and retail facilities?

Reference no: EM133737032

Questions Cloud

Engaging in mindfulness exercises like meditation : Engaging in mindfulness exercises like meditation or deep-breathing exercises helps in managing stress effectively.

What are the historical developments of buddhism : What are the historical developments of Buddhism and an examination of some of the key concepts of Confucius?

How did soviet union reshape central asia in 20th century : In the BBC immersive story and documentary on the Aral Sea Crisis, how do they describe the origins of this crisis?

Discuss the strength and weakness of the theory : Discuss the strength and weakness of the theory. If there is weakness, discuss what makes it difficult to be used in practice. Use of theory in clinical

Describe the place of small business in history : Differences among creativity, innovation, and entrepreneurship. Why are creativity and innovation so important to the survival and success of a business

What are the experiences of people working night shifts : NURS 364 University of Hawaii System- What are experiences of people working night shifts in health care? How often do people aged 30 to 40 visit their parents?

Which island is center of the triangle and hub of polynesia : Which island is the 'center of the triangle' and the 'hub of Polynesia'?

What two systemness challenges did jefferson health face : What two "systemness challenges" did Jefferson Health face following their mergers and expansions in the 2010's?

Write a paper describing how you can use : Write a paper describing how you can use each of the following project management communication theories in a communication plan

User Account

All Pages