Being an entrepreneur-assume the risk of business ownership

Assignment Help Operation Management
Reference no: EM131435756

Being an Entrepreneur? The text describes being an entrepreneur as very risky, and offers that it requires certain characteristics to be successful. This kindly provides some real-life responses to validate why someone would give up the security of working for others to assume the risk of business ownership? Find out by interviewing two or three small-business owners in your area. Ask them the questions listed below. 1. Did you ever work for someone else? If so, why did you stop? 2. Why did you want to go into business for yourself? 3. What expectations did you have when you started the business? 4. Which of these expectations were fulfilled? 5. Which of your expectations were not fulfilled? 6. What advice do you have for an entrepreneur thinking of starting a new business today?

Reference no: EM131435756

Questions Cloud

At what point does marketing become lying : The text has an interesting highlighted article, "At What Point Does Marketing Become Lying?" Do you have any examples of when a marketing strategy may cross over the ethical border. How is the disney Upward Communication utilized( In general speakin..
Executive development program : You have two minutes to make the case for integrating a training course on follower-centered leadership in your organization. Imagine you are walking down the hall with the CEO. You are the director of training and development. How would you make the..
Centered leadership builds on two leadership models : The study of follower-centered leadership builds on two leadership models: Transformational and Servant Leadership. What is the connection between these two models and being a follower-centered leader?
Discussed throughout quantitative decision making : Reviewing the many decision making processes discussed throughout Quantitative Decision Making, identify the two that you found most beneficial to your professional development (MBA in Finance) and why.
Being an entrepreneur-assume the risk of business ownership : Being an Entrepreneur? The text describes being an entrepreneur as very risky, and offers that it requires certain characteristics to be successful. This kindly provides some real-life responses to validate why someone would give up the security of w..
Why did the wagner act have a major impact on employee right : Why did the Wagner Act have a major impact on employee rights? Your response must include specific details based on your reading of the chapter and any additional resources. Also, be sure to use a bibliography and cite any sources used in your essay.
What step of the control process is the manager enacting : The manager of the Berkeley Medical Clinic adds several items to a checklist of exam room preparation responsibilities after finding his staff inconsistently preparing rooms. What step of the control process is the manager enacting? What would be exa..
Can you think of a way to mitigate risk when forecasting : What are some of the advantages and disadvantages of flexible work arrangements? Describe what you see as the role of Organizational Development, and what will make it strategic - be specific. Think of some of the challenges that decision makers face..
Negative net profits after taxes : How is it possible that a firm can have a net loss (negative net profits after taxes) and still have positive cash flow from operations? In this instance, the net loss occurred even when depreciation and other non cash charges, during the same period..

Reviews

Write a Review

Operation Management Questions & Answers

  Identify problem in your current job or a previous job

Identify a problem in your current job or a previous job, such as inadequate use of technology, inefficient procedures, spotty customer service, poor product quality, low morale, or a personnel problem.

  Explain healthy safety-first work environment

How can a safety-first work environment give an organization a competitive edge. Discuss examples of advantages that having a healthy safety-first work environment could give a company.

  When reviewing determinants of consumer demand

When reviewing determinants of consumer demand and, specifically, factors that will shift consumer demand. Companies must be aware of this for their products and respond according. Companies who have growing sales can be assumed to have a positive sh..

  Examples of the types of hospitals

Discuss what a hospital is and describe the different types of hospitals. Give examples of the types of hospitals in your respective community, and how these hospitals impact community member’s ability to receive care

  Identify all of the areas of consumer products

Identify all of the areas of a consumer products company in which statistical quality control can be applied. How do you measure effectiveness of processes using statistical quality control?

  Importance of operations function

Importance of Operations function

  Discuss key characteristics of highly-effective project team

Discuss the key characteristics of a highly-effective project team. What makes them effective? Using the information learned thus far in the course, align your discussion with the various topics presented in the reading and lecture material.

  Determine if it is the responsibility of an organization

From the e-Activity, as well as the video, examine the effect Wal-Mart has had on other businesses. Support your response.

  Experts to work on the project from different perspectives

BioTech Research Center is working to develop a new vaccine for the West Nile Virus. The project is so important that the firm has created three teams of experts to work on the project from different perspectives. Team 1 has a 73 percent chance of su..

  How does a leader differ from a manager

How does a leader differ from a manager and when would it be more advantageous to be a manager rather than a leader?

  Define the high value market

Your Career Targeting Assignment is to identify and define your “high value market” for your professional persona. This is a market you really want to impact in your career development. define the high-value market you want to develop. What topics is..

  Product satisfying assumptions of the newsvendor model

Consider a product satisfying assumptions of the newsvendor model. Demand ~ Normal[μ=1000, σ=200]. Purchase cost: $100 / unit. For every unit sold, there is a profit of $30 per unit. What is the newsvendor critical ratio?

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