Key factors that give the advantage to entrepreneur

Assignment Help Science

Reference no: EM133639625

Questions

1. For entrepreneurs to be successful, there needs to be a large enough pool of potential customers who have an unsatisfied need or will consider that they may benefit from the entrepreneur's products or service. Entrepreneurial startups are small and have little available cash. One would think that larger firms with many employees, proven suppliers and distributors, and much more working capital could outperform the startups. Repeatedly, however, this is not the case. What do you believe are the key factors that give the advantage to the entrepreneur?

2. Imagine you are a successful and well-respected, mid-level professional in a large corporation that is concerned about losing business to an ever-growing number of competitors, many of which are far smaller. You have been asked to write a "skunkworks unit" within the firm to develop new strategic insights and products to help your firm survive. Drawing on your personal experiences, as well as insights from the text and the Internet, produce a prioritized list of five to seven key attributes at the heart of the design of your new unit.

3. Consider two firms: one that has the very best people but an ineffective and frustrating work environment and one that has average workers but an excellent environment. All else being equal, which is likely to be more successful over time, and why?

4. It has been said that many high-tech firms outsourced too many of their core competencies to off-shore firms and, as a result, "hollowed themselves out." If your firm asked you to propose how it could become more profitable and agile through off shoring but not hollowing out, what would you recommend be outsourced, what would you keep, and why?

Reference no: EM133639625

Questions Cloud

How can technology advance healthy lifestyles : How has accessibility to social media changed the way people seek health care? How can technology advance healthy lifestyles?

Formulate specific intervention strategies to communicate : Formulate specific intervention strategies to communicate and disseminate information in public health crisis situations like infant mortality.

Physiological benefits of comfort and rest : The physiological benefits of comfort, rest, and sleep are numerous. Consider the tangible ways you can provide for the comfort, rest, and sleep needs of each c

Organization high-quality care and culture safety : Examine the importance of effective teams and how they contribute to the organization's high-quality care and culture safety.

Key factors that give the advantage to entrepreneur : What do you believe are the key factors that give the advantage to the entrepreneur?

Explain the primary metabolic-energy system for yoga : Identify and Explain the Primary Metabolic/Energy System for Yoga. Consider why this is the primary means of energy production during this activity.

Five areas of social determinants of health : As outlined by the Department of Health and Human Services, the five areas of social determinants of health include economic stability, education access

What mental health services are available : What mental health services are available? What strategies would you propose to increase access to mental health services?

Number of insured individuals and those without insurance : Could you kindly assist in locating a graph that illustrates the correlation between the number of insured individuals and those without insurance,

User Account

All Pages