Reference no: EM131133324
Introduction to Entrepreneurship:-
Answer the following questions. Each answer should not be less than 100 words. Please provide references under each question.
• One entrepreneur claims, "Creativity unrelated to a business plan has no value." What does he mean? Do you agree?
• Explain the characteristics of effective objectives. Why are setting objectives important?
• How can an entrepreneur seeking funds to launch a business convince potential lenders and investors that a market for the product or service really does exist?
• Suppose that two of your friends are about to launch a business together with nothing but a handshake. "We've been best friends since grammar school," they say. What advice would you give them?
• One franchisee says, "Franchising is helpful because it gives you somebody (the franchiser) to get you going, nurture you, and push you along a little. But, the franchiser won't make you successful. That depends on what you bring to the business, how hard you are prepared to work, and how committed you are to finding the right franchise for you." Do you agree? Explain.
• Why is it important for small business owners to define their target markets as part of their marketing strategies?
• Why do so many small businesses use the manufacturer's suggested retail price? What are the disadvantages of this technique?
• How can breakeven analysis help an entrepreneur launch a business?
• How can an entrepreneur launching a new business forecast sales?
• What is an "angel"? Assemble a brief profile of the typical private investor. How can entrepreneurs locate potential angels to invest in their businesses?
• Why is it costly for a small firm to choose a location that is too small?
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How does de pizan treat the issue of anyone starting a war
: How does de Pizan (19) treat the issue of anyone starting a war? (213, para. 3++) Under what conditions may a prince undertake a war? (213, para. 3, 4; 214).
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Saving and investment throughout the world
: The same publication has a table entitled "Table B14. Advanced Economies: Current Account Transactions." The Advanced countries are the United States, Germany, France, Italy, Spain, Japan, the United Kingdom, and Canada. Use this table to list the..
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Explain the black deaths impacts on the economic life
: Explain the Black Death's impacts on the economic and cultural life of Medieval Europe. Organization should clearly present points arranged logically to support the thesis.
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Real and nominal exchange rates and inflation
: Suppose the real exchange rate is constant-say, at the level required for net exports (or the current account) to equal zero. In this case, if domestic inflation is higher than foreign inflation, what must happen over time to maintain a trade bala..
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Explain the characteristics of effective objectives
: Answer the following questions:- Explain the characteristics of effective objectives. Why are setting objectives important?- How can breakeven analysis help an entrepreneur launch a business?
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What was the purpose of this symbolic gesture
: In 1992, the U.S. deficit was $290 billion. During the presidential campaign, the large deficit emerged as a major issue. When President Clinton won the election, deficit reduction was the first item on the new administration's agenda.
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Explain the significance of entrepreneur in an economy
: Explain the significance of entrepreneur in an economy - State six characteristics of an entrepreneur - What are the factors affecting the activities of an entrepreneur within an economy
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Describe the ancient greek competitive character
: Describe the ancient Greek competitive character, and compare the ancient Olympics (as a festival featuring athletics) to the Olympics today, identifying any major differences.
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What does a steep yield curve imply about future inflation
: Explain why an inverted (downward-sloping) yield curve may indicate that a recession is coming.
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