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Assignment: ENTREPRENEURSHIP Discussion
Please answer all of these questions based on the assigned readings and or your personal knowledge.
• What is your small business or entrepreneurial idea? Why do you believe that this is a functional idea for a new business? How might your strengths help you be successful in terms of this opportunity?
• What role does entrepreneurship play in the economy? Discuss how globalization is affecting entrepreneurship in the United States. With competition from so many multinational companies, do you think there are still opportunities for entrepreneurs? Why or why not?
• Answer : APA Formats , 2 Pages , 4 Reference
• Book: Entrepreneurship, 9th EditionRobert D. Hisrich, Michael P. Peters, and Dean A. ShepherdMcGraw Hill Publishing, 2013.
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When your income goes up to $50,000 from $40,000, demand for Scotch Whiskey increases from 500 to 600. Calculate income elasticity of demand.
Cross-regional studies of medical practice variations an comparisons of individual physicians' "styles" show considerable differences between the rates of use of medial care across providers.
Using a three-circle Venn Diagram, check the following categorical arguments for validity. Some advertisers try to create a new ideal state for consumers. Some advertisers try to create dissatisfaction with the consumer’s current state. So, some who ..
Laura (of Luke and Laura’s Itty-Bitty Drink Umbrella Inc.) is trying to decide how many workers to hire. The Itty-Bitty Drink Umbrella production function is given by: Q = 6L^(1/3)K^(1/2). The price of output is p, the wage rate is w, and the rental ..
Assume that in short-run equilibrium, a particular monopolistically competitive firm charges $10 for each unit of its output and sells 48 units of output per day. The average total cost (ATC) for those 48 units is $4. What will be its economic profit..
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