Entrepreneurs always earn profits

Assignment Help Operation Management

Reference no: EM131418315

Place each statement into the most appropriate category. You may have to scroll down to see all eight statements.

True False

Statements:

1. some entreprenuers develop new products or ways of doing things

2. some successful entrepreneurs can be important for a country in terms of economic growth in relation to responding to demands of consumers and introducing new products or services.

3. All successful etrepreners always rely on market research to determine what goods or services will be profitable

4. Entrepreneurs always earn profits

5. Entrepreneurs who have ideas that fail do not pursue further entrepreneur activites.

6. some entrepreneurs can lose their entire business investment if their business goes bankrupt

7.some entrepreneurs are willing to engage in high-risk business investmetns in the hopes of large profits

8. They always earn more peoplewith similar educatinal qualificaations that are working for someone else.

Reference no: EM131418315

Questions Cloud

Freeman-brown private school case study : Review how organizations interact with their external environment (as open systems and complex adaptive systems). How effective was Freeman-Brown as an open system at the time of the closure? How effective was Freeman-Brown as a complex adaptive syst..

Contrast the idea of extrinsic and intrinsic rewards : Compare and contrast the idea of extrinsic and intrinsic rewards with Herzberg’s Two-Factor theory of motivation? Does the idea of intrinsic and extrinsic rewards agree in principle with Herzberg, or not? How effectively have you seen intrinsic and e..

Describe the role of judgement in arima modeling : Describe the role of judgement in ARIMA modeling which is the most complex class of forecasting methods. Structure your comments around the Box Jenkins approach. What steps in the Box Jenkins approach require judgement? Be specific.

Habits and style as well as what you expect from your leader : Consider your followership habits and style as well as what you expect from your leader. Discuss the following questions in your post: As a leader, what would you want most from followers? As a follower, what would you want most from your leader? How..

Entrepreneurs always earn profits : All successful etrepreners always rely on market research to determine what goods or services will be profitable, Entrepreneurs always earn profits, Entrepreneurs who have ideas that fail do not pursue further entrepreneur activites. some entrepreneu..

Discuss which social-control strategies could be implemented : If you had the power to decide which substance should be legal and which should not, what criteria would you use in making your decision? Discuss which social-control strategies could be implemented to govern the consumption of these substances.

Costanza knows that by managing conflict properly : As a manager, Costanza knows that by managing conflict properly, she can. After studying the biographies of several world leaders, Saul realizes that a potential leader must understand a group and find ways to _______ it.

Definition of production operations management : Elaborate your own definition of production operations management, including manufacturing and service operations. Then, assess the implication of technology in your definition. Lastly, appraise the impact of your previous responses to your operation..

Differs between manufacturing and service companies : Develop three examples that illustrates how a manufacturing company or a service company of your choice uses JIT, and then determine three to four (3-4) benefits of JIT Concept Draw differs between manufacturering and service companies. Provide speci..

User Account

All Pages