H1: If entrepreneurs become more risk-tolerant, then the development of start-ups will increase H2: If the culture of innovation is promoted, then the more start ups will develop H3: If the entrepreneurial abilities of people are promoted, then more start ups will develop
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- Entrepreneurs can get secondary sources of information through: Trade Magazines Newspaper Articles Government Agencies All of The Above None of The Above In case of constrained growth business farms actually perform better if they remain at a smaller growth. True False1. Place the phases of the Business Cycle in order. The phases (in no particular order here) are: Recession, Trough, Peak, Expansion 2. Suppose that an economy has 9 million people working full-time. It also has 1 million people who are actively seeking work but currently unemployed as well as 2 million discouraged workers who have given up looking for work and are currently unemployed. What is this economy's unemployment rate? 3. Which of these scenarios is structural as opposed to frictional unemployment: Tim just graduated and is looking for a job, or bus and truck drivers permanently lose their jobs when driverless, computer-driven vehicles become perfected and make human drivers redundant? 4. Please go to www.bls.gov 2 and locate the most recent U.S. unemployment report. What was the most recent national unemployment rate? Try to locate the most recent numbers for workers who want full time work but can only find part time work. How does this cause the official unemployment rate…2. Billionaire Jack Ma, founder of Alibaba shared his adversity story when he was young, starting from when he failed a key primary school test twice, and failed three times while in middle school. He also applied to study in Harvard and was rejected ten times. He remembered applying for jobs and got rejected 30 times, or the time 25 people applied in KFC and they accepted 24 except him, or when five people applied for a police job and they accepted four except him. But he persisted, not giving up on himself. When faced with adversity, stop giving excuses and start finding solutions to keep improving. Question: Is Entrepreneurship for everyone? Relate it to Jack Ma's story. How important adaptability and grit in business?
- Using the table below – fill in the regret table Success Moderate Success Failure Sell Company 150 150 150 Form Joint Venture 500 564.00 14000 Sell software on own 785.00 400 -500 Success Moderate Success Failure Sell Company Form Joint Venture Sell software on own Based on the MinMax Regret Method, which alternative will you choose a) Sell company b) Form Joint Venture c) Sell software on ownWhat are the possible threats to the real estate company? This is external to the real estate organization.What possible surprises that the real estate company may have as competition that currently doesn’t exist?Asap True or False: In a perfectly competitive market, firms have significant market power..
- Manuel has created a housecleaning robot that generates all the power it needs to operate. Even if it succeeds, a new-to-the-world product is Multiple Choice typically very short-lived generally not profitable. not subject to the law of first movers. not capable of creating new markets. not adopted by everyone at the same time.Please help me with this, thank you so muchhhh 1. Business is about taking risks and generating profit. What's the point of doing good deeds in the name of business? Why is doing good is good for business?Please do not use AI. The post COVID-19 world is different from that before 2019. Businesses have to adapt to the new normal. Processes that are implemented during the pandemic have to be dismantled. Customers' behaviours and expectations are changing. Organisations have to find solutions for their supply chain disruptions, labour shortages, high operating costs, environmental and sustainability expectations. Consider the organisation you are working in or one that you are familiar with. You are asked to identify a business process in this organisation where this new norm is affecting the business in meeting customers' expectations and internal performance target. You may discuss with your supervisor or experienced colleagues to select this process. You are going to lead a Lean Six Sigma project to improve the process in the current environment. Submit a report on how you would identify the process issues, analyse the problem, recommend and implement ideas to improve the process and…
- Develop a scenario where you are planning to start your own business.Type of business▪ Size of the business▪ Location of the business▪ Any other markets in which it will operate▪ Examples of products and services▪ Key competitors▪ Main customer segments/target markets( )4. Which of the following creates an unfavorable environment for innovations and entrepreneurship? Market economy B. Economic freedom tate monopoly in production D. PrivatizationIt Ways Of starting a business. You will U Die entrepreneurial process, which starts with identifying and evaluating the opportunity. The heart of this module is the scanning of the marketing environment where you formulate a product or service solution applying the techniques of seeking, screening, and seizing opportunities. As a result, you will deal with analyzing the need of the market, think of the potential set of products or services that will meet the need, assess the feasibility of the solution, and select the best product or service De that will address the need. • PRE-ACTIVITY Directions: Answer the following. 1. In a scenario where you are creating a product to sell, what are the things that you need to consider? Why? 2. What are the role of your neighbors, friends, family members and the community if you are going to put up a business? 3 |Page