Confident that the risks that they are taking are reasonable

Assignment Help Business Management
Reference no: EM131840506

Entrepreneurship is a confusing concept and may be one of those things that it is easier to recognize when we see it than it is to define. Steve Jobs, of Apple, was clearly an entrepreneur - he had an idea and he did not hesitate to pursue that idea even though there was the possibility - maybe a significant possibility - that he might not be able to make that idea a success.

If entrepreneurship is about taking risks, how can someone know if the risk is worth taking? Are entrepreneurs people who don't care about risks? Are they people who are willing to take risks with little regard for the consequences? Or are they people who are able to accurately gauge the risks that they are taking and who are confident that the risks that they are taking are reasonable?

Can you think of an entrepreneur (other than Steve Jobs) who took risks and won?

Reference no: EM131840506

Questions Cloud

Why do firms tend to cluster into strategic groups : Why do firms tend to cluster into strategic groups?
What is meant by transaction exposure : What is meant by transaction exposure? Discuss some of the risks associated with managing transaction exposure.
Can a non-religious employer play christian music at work : Can a non-religious employer play Christian music at work? Require prayer meetings? Pray at work? Display religious signs?
Discuss how to access team productivity : Discuss how to access team productivity. What conditions need to be in place for teams to excel and why?
Confident that the risks that they are taking are reasonable : Or are they people who are able to accurately gauge the risks that they are taking and who are confident that the risks that they are taking are reasonable?
Where do you rank on the prestige scale for occupation : Where do you rank on the prestige scale for occupation? How do you and your parent rank on the social class scale?
What effect will this action have on carmack net income : On June 30, 2012, Carmack Company concludes that a customer's $3,750 receivable, What effect will this action have on Carmack's 2012 net income? Explain
International labour relations : The International Labour Organisation seeks to improve working conditions and eradicate exploitative employment practices through which practices?
Which of the theories of aging presented to you so far : Which of the theories of aging presented to you so far do you feel makes the most compelling argument? Why?

Reviews

Write a Review

Business Management Questions & Answers

  Evaluate attractiveness of entering movie rental business

Evaluate the attractiveness of entering the movie rental business. Be sure to include product differentiation, switching costs, and loyalty programs in your analysis.

  Cost of an asset over its useful life

What does it mean to allocate the cost of an asset over its useful life?

  Explain your greatest communication challenge in workplace

Explain your greatest communication challenge in the workplace and suggest strategies you would use to address this issue.

  Employment relationship from union member rights

Describe the benefits have nonunion employees have gained in their employment relationship from union member rights?

  Discuss the challenges faced by a stage iv

Discuss the challenges faced by a Stage IV organization in consolidation

  What actions do leaders take to drive organizational change

The Discussion focuses on the sustainability of organizational change. What actions do leaders need to take to drive and sustain organizational change?

  Difference between title and possession of property

Explain what is a bailment, and describe what is the difference between title and possession of property.

  Why a partnership agreement may need features

Discuss why a partnership agreement may need features in addition to the income and loss- sharing ratio. Discuss the arguments in favor of recording salary and bonus allowances to partners as expenses included in computing net income.

  Power - politics and authority

Show approaches likely to succeed in influencing team members, where you have no positional power over them and they are not responding favorably to your requests, as well as key stakeholders who are resisting changes.

  Potential efforts to bring efficiency and productivity

When employees are motivated, they devote their potential efforts to bring efficiency and productivity in their work which in turn prove to be use full for company.

  Identify the strengths of the organization structure

Conduct a SWOT analysis for one of your company\'s competitors. (Remember that strengths and weaknesses are internal factors. Opportunities and threats are external factors).

  Integrated change control process

You have created the project charter, but could not get it approved. Your manager and his boss have asked that the project begins immediately. Which of the following is the BEST thing to do? A. Set up an integrated change control process

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