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- There are different options after completing the business degree, most of the students seek job opportunities, and many of the students decide to manage their family businesses. In recent times, entrepreneurship studies got much interest among young graduates and people tend to establish independent units. If you choose to become an entrepreneur, why would you choose to be? In case you choose not to become an entrepreneur, what would be the reason? Also prepare your own SWOT analysis."Even as the remodeling market weakened and taking on extra financing became risky, what are some things that Moon Associates’ president and CEO Jim Moon did to sustain the company’s long-term profitability?"Read the case study below and make your recommendations to Jane about whether she should pursue entrepreneurship based on the information provided. Jane Browne recently completed her college education. She has decided to start her own business because she has been unable to find work. She is unsure whether she possesses the personal qualities or qualifications required to become an entrepreneur. She isn't sure which type of business ownership is best for her. You discover the following information while speaking with Jane. She doesn't have a lot of money in the bank. Six months from now, she will be required to begin making payments on her student loans. She has a few friends who are also unemployed. They each have a small amount of money. They are all trained in the same field. She has a lot of great ideas for how to run her business. She does not want to share or change her ideas, and she is unsure how she will work in a team. She is not afraid of working long hours. When she was in…
- You are about to finish the business degree in near future. There are different options afterwards, most of the students seek job opportunities, and many of the students decide to manage their family businesses. In recent times, entrepreneurship studies got much interest among young graduates and people tend to establish independent units. If you choose to become an entrepreneur, why would you choose to be? In case you choose not to become an entrepreneur, what would be the reason? Also prepare your own SWOT analysis.If successful companies like Pizza Hut have been started without a business plan, why does the author claim they are so important?What is the SWOT analysis and how can it help if your venture is not on the right track?
- In brief discuss, how do entrepreneurial managers balance short-term objectives with long-term strategic goals?With the aid of practical examples from an identified start-up, identify and explain 4 major differences between a business model and a business plan.write a two page summary on the following: What is Intrapreneurship? Explain and give examples of each of the "traits of the high-growth intrapreneur How can you measure the success of an Intrapreneur?
- Read the Enterprise Creation Lesson 12 – reading and videos Read this article Looking Ahead: Exiting Your Business.Links to an external site. Once you’ve read the material, answer the following questions in a Word document. When should an entrepreneur start thinking about pivoting to gain initial traction? Why? Compare the three different types of pivot to new opportunities or diversification an entrepreneur can consider. Describe the five exit strategies.Setting up a microenterprise is desirable and the wish of many”. Identify and briefly explain five reasons why most people would not make any attempt to go ahead and start one. "Many of the successful companies that we see today had their humble beginnings as a bootstrapped enterprise. Examples of these include: Dell Computers (DELL), Facebook Inc. (FB), Apple Inc. (AAPL), Clorox Co. (CLX), Coca Cola Co. (KO), etc.” If they can do, so can you. Identify the different types of bootstrapping strategies/ideas that an entrepreneur can map?