Identify the behaviors often incorporated by entrepreneurial

Assignment Help Operation Management
Reference no: EM1390895

For years, David and Evie Wexler of The Little Guys Home Electronics had many ideas about how to improve the home electronics store in which they were working, but could not put them into action. So they decided to start a small business. Twelve years later, many of their ideas have been met with widespread success. Like many entrepreneurs, the Wexlers felt blocked by their old positions and wanted to strike out on their own. They possessed many of the characteristics of successful entrepreneurs. They took their high energy level and need to succeed and formed The Little Guys as a partnership with a long-time associate, Paul Gerrity. The three owners maintained control and responsibility of the entire company, believing that combining their diverse skills would produce the greatest success. Today, with annual sales of over $10 million, The Little Guys has moved beyond the start-up phase to become a success. While the founders have benefited from the growth of their business, they are not resting on their laurels. Instead, they look forward with anticipation to the next big challenge.

After viewing The Little Guys video case study, please answer the following three questions in three to six paragraphs (250-500 total word count).

Identify the effective general leadership traits that have contributed to The Little Guys' ongoing success.

Identify the behaviors often incorporated by entrepreneurial leaders.

Determine the entrepreneurial attitudes that have most prominently contributed to the success of the Little Guys.

Reference no: EM1390895

Questions Cloud

Cxplain the variation within a species : Claussen and colleagues proposed two hypotheses to describe this variation within a species. There are genetic differences between populations of plants found at different elevations.
Probability that an executive who speaks a foreign language : What is the probability that an executive who speaks a foreign language has not traveled internationally?
Product contamination is a catastrophic event : Product contamination is a catastrophic event, both for the organization at fault and for the victims. Cases of product contamination frequently make the news.
Case study - mr henry wilson : Mr Henry Wilson is a 54 year old bank manager who presents to the Emergency Department with a sudden onset of shortness of breath and left sided chest pain whilst watching the evening news.
Identify the behaviors often incorporated by entrepreneurial : Identify the effective general leadership traits that have contributed to The Little Guys' ongoing success. Identify the behaviors often incorporated by entrepreneurial leaders.
What is the p-value for the test statistic : In a Gallop poll of 1012 randomly selected adults, 9% said that cloning of humans should be allowed. We are going to use a .05 significance level to test the claim that less than 10% of all adults say that cloning of humans should be allowed. The ..
How will the impending economic downturn affect the market : . Identify the difference among growth through acquisition and organic growth? Which companies are leveraging which growth strategies? Explain how will the impending economic downturn affect the market?
Estimate the angle of separation : The first star on the handle of the Big Dipper and the star that forms the far bottom edge of the bowl(Merak).
What is the average power provided by the tension : If the ropes supporting the rings are attached to ceiling directly above, what is the tension in each rope.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd