A corporate entrepreneur shares many characteristics with other entrepreneurs, but what is a key difference? A. Advocates of change B. Political and social skills C. Ambition and drive D. Opportunity recognition
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Corporate entrepreneurs refer to individuals who develop a new business idea, product or service from within a business organization with the objective to maximize the revenue of the organization. They are very similar to entrepreneurs and perform all similar entrepreneurial actions.
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- A. With the aid of examples explain how the concept of market forces could be important in describing entrepreneurial behaviour. B. Discuss the four ways that the business model generation canvas helps entrepreneurs.Entrepreneurs are able to identify opportunities even in adverse and difficult situations. To which one of the following important personal characteristics of an entrepreneur does this statement refer? a. Involvement in the business b. Positive attitude and approach c. Commitment to the business d. Perseverance1. Which of the following is not associated with an entrepreneur? a) Making business decisions b) Organizing resources c) Taking risks d) Working for other people. 2. Which of the following is most likely to be a characteristic of a successful entrepreneur? a) Disorganized b) Indecisive c) Irresponsible d) Self-motivated 3. Which of the following is a benefit or reward to starting your own business? a) Emotional stress b) Financial security c) Independence d) Less time to spend on leisure activities. 4. One of the most significant economic developments in recent business history relates to the a) growth of blue-chip corporations b) development of Pacific Rim countries c) entrepreneurial spirit d) additional employment opportunities offered by government institutions 5. The recent number of job losses in large corporations compared to the jobs created by small business has changed the perception of for launching a new business. a) prestige b) risk c) financing opportunities d)…
- An entrepreneur has the following characteristics EXCEPT: Select one: a. Accepts risks or failure b. Initiative-taker c. Organized d. Apathy General Foods' introduction of a compact cereal box in response to the problem that the available boxes did not fit well on the shelf was not successful, as the problem of package size had little effect on actual purchasing behavior. To ensure the best results, this method should be used primarily to identify product ideas for further evaluation. Select one: a. Customer Survey b. Focus Groups c. Problem Inventory Analysis d. Brainstorming Although there is some variation in the distribution of adopters of new technology products and services, the single most common pattern is a Select one: a. Poisson Distribution b. Binomial Distribution c. Beta Distribution d. Normal Distribution In order to cross the gap and reach the take-off stage, the most important aspect is that you must: Select…Which of the following skills do you believe is the most important to make a successful entrepreneur? Why do you believe this skill is of such importance? What makes it more important than the other skills? persuasion, leadership, personal accountability, goal orientation, and interpersonal skills1. Explain the McMullen-Shepherd Model. 2. Identify and define the four types of questions/tasks related to increasing cognitive ability. 3. Describe sustainable entrepreneurship and give examples of economic, environmental, and social gains it can generate for others. 4. Entrepreneurs act on opportunities. The entrepreneur does not generally act without thinking. Hisrich discusses alternatives ways an entrepreneur thinks. Describe the difference between a causal thought process and an effectuation thought process. 5. Define superficial similarities and structural similarities. Which of the two is considered the more challenging for entrepreneurs? Explain.
- Which of the following is NOT one of the common myths about entrepreneurs? Šelect one: a. Entrepreneurs are born not made. b. Entrepreneurs Are Gamblers. c. Entrepreneurs are creative. O d. Entrepreneurs should be young and energetic.1.Why do you think Entrepreneurship is a science?provide example/ scenario that will support your answer.minimum of 100 words. 2.Why do you think Entrepreneurship is an art? Provide exampla/scenario that will support you answer.minimum of 100 words. 3.What are the Advantages and Disadvantages of venturing in entrepreneurship rather than becoming a business manager (Employed)? Provide atleast 3 each & explain each Advantages and Disadvantages.Describe the difference between strong-tie and weak-tie relationships. Is it more likely that an entrepreneur will get new ideas through strong-tie or weak-tie relationships? Why? Give an example of a strong-tie and a weak-tie.
- In your own words, explain why each of these myths were believed to be TRÚE in the past and why they are INCORRECT today. These are the myths that you must consider: Entrepreneurs are born, not made Entrepreneurs are doers, not thinkers Entrepreneurs are always inventors Entrepreneurs are academics and social misfits Entrepreneurs must fit the profile1.Why do you think Entrepreneurship is a science?provide example/ scenario that will support your answer.minimum of 100 words. 2.Why do you think Entrepreneurship is an art? Provide exampla/scenario that will support you answer.minimum of 100 words. 3.What are the Advantages and Disadvantages of venturing in entrepreneurship rather than becoming a business manager (Employed)? Provide atleast 3 each & explain each Advantages and Disadvantages. 4.What are the Advantage and Disadvantages becoming a business manager (Employed) rather than venturing in Entrepreneurship?Provide atleast 3 Each & explain each Advantage and Disadvantages. 5.What are the Advantages of invention of money in the field of Entrepreneurship( Provide atleast 3)?what is the impact/effect of invention of money to the modern day Entrepreneurship? 6.Explain why it is said that "Entrepreneurship is the life blood of ant economy?minimum of 100 words.Most successful entrepreneurs share certain personal attributes like a .Leadership b. passion c .All of the above d .Flexibility