Entrepreneurship with working in corporate environment

Assignment Help Operation Management
Reference no: EM131283236

Please answer all of these questions based on the assigned readings and or your personal knowledge.

1- Compare and contrast entrepreneurship with working in a corporate environment as a department head. What are some responsibilities, rewards, and risks associated with each role? How does this affect your decision to be an entrepreneur instead of working in a large company?

2 - How would you determine if your current skills fit into your new venture idea? What is important to learn about small business and entrepreneurship that may help you become a successful entrepreneur?

Reference no: EM131283236

Questions Cloud

Characteristics of the market oriented philosophy : Given that most firms fail to uphold at least one of the four underlying characteristics of the market oriented philosophy, list and discuss two companies (for each of the four characteristics) that are not truly committed (in your opinion – please d..
Each of her programmers busy coding : Camile owns Crunch Code, a company that provides quick programming solutions. Clients send Crunch projects via their webpage and Crunch bangs out the needed code as quickly as possible. Camile has five programmers who do all of the coding. Camile wan..
Offers real-time high-performance computing services : CPU-on-Demand (CPUD) offers real-time high-performance computing services. CPUD owns 1 supercomputer that can be accessed through the Internet. Their customers send jobs that arrive on average every 7 hours. The standard deviation of the interarrival..
Do you like working or studying in groups : Do you like working or studying in groups? Why or why not? What are the advantages and disadvantages of working in groups? Log in and explain in detail. You must also respectfully comment on another student's answer to this question.
Entrepreneurship with working in corporate environment : Compare and contrast entrepreneurship with working in a corporate environment as a department head. What are some responsibilities, rewards, and risks associated with each role? How does this affect your decision to be an entrepreneur instead of work..
Production schedule to minimize total cost : Northwest Pipe (NP) makes water pipe. NP is planning production for the next seven months, March through September. The forecast demands (in thousands of feet) are, respectively, 40, 60, 70, 80, 90, 100, and 80. NP can make 75,000 feet of pipe per mo..
About the institutionalized plagiarism : In some “real-world” contexts, plagiarism is not only acceptable but is expected. Brian Martin calls this “institutionalized plagiarism.” Plagiarism is as tied to context as every other aspect of language use. In our everyday conversations—and lectur..
Discuss the characteristics of successful persuasive speech : What defines e-commerce, m-commerce, digital good and digital markets. Explain fiduciary duty and how it applies in business ethics. Should a speaker feel defeated if his or her speech fails to persuade every listener? Discuss the characteristics of ..
Media advertising-personal selling and sales promotion : The four basic elements of any promotional campaign are media advertising, personal selling, sales promotion, and publicity. Discuss how you will use these four elements (you can skip publicity if you want to) to create an integrated promotional camp..

Reviews

Write a Review

 

Operation Management Questions & Answers

  The concepts of management and leadership

discusses the differences and similarities between the concepts of management and leadership. Be sure to define each term, explain what the definition means, and provide at least two examples of each concept.

  Identify three companies that operate internationally

Identify three companies that operate internationally and explore the possible sources of political risk for each of those firms, given the countries in which they have a presence. Develop a 5–7 slide presentation outlining the risk and your recommen..

  What effect does a performance appraisal have

What purpose do they serve under a performance management system?

  Competitive advantage through information technology

What are some management characteristics that help a company maintain competitive advantage through Information Technology and how an organization has or can improve its IT Systems.

  Decision to fire a severely under performing employee

How would you answer the following question: “We made a decision to fire a severely underperforming employee at the end of the month. Recently, however, he began making general statements around the office to the effect that he feels his female super..

  What should the business strategy say or at least examples

What should the business strategy say or at least examples? Help You are one of the Director Human Resource Management and you have the responsibility to design

  Output is monitored using means of samples of observations

An automatic filling machine is used to fill 1-liter bottles of cola. The machine’s output is approximately normal with a mean of .92 liter and a standard deviation of .02 liter. Output is monitored using means of samples of 28 observations.

  Focus-differentiation strategy-cost leadership strategy

Give one example of a service firm that either uses a focus/differentiation strategy or a focus/cost leadership strategy. Briefly describe the market segment served by the firm. Rate the complexity and rate the divergence of the firm’s service operat..

  Process improvement eventually leads to budget efficiency

In most cases process improvement eventually leads to budget efficiency. However, if you are in the midst of a project with a tight budget the process improvement may take some additional work that may not be funded in the current project but can alw..

  Determine the project completion time

Development of an update of a particular software product is being considered by a software house. The activities necessary for the completion of this project are listed in the following table:

  The warehouse company supplies spare parts for its two

the warehouse company supplies spare parts for its two plants plant a and plant b. plant a and plant b do not have any

  By planning cash needs ahead of time

By planning cash needs ahead of time, an entrepreneur is able to:

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