Choose a local or foreign case. Technology could from university/government/private research that is already available in the market. Guide Questions: Innovator: 1. What was the first venture attempt? What was the result? 2. What did the co-founders do differently? How did they adjust? 3. What strategic changes worked?
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- 1) a. There is a new University built in your area. Write down six (6) opportunities you can take as an Entrepreneur to serve this University community to generate impressive wealth. b. Choose one of those opportunities you have identified in (la) and write a business plan as an Entrepreneur for financial support from an investor. 2) Nana Kwame agrees with his Entrepreneurship Lecturer that no business can stand the test of competition without being innovative, hence the need for employees to be intrapreneurs. Discuss intrapreneurship and explain five (5) probable reasons for the need of intrapreneurship in Ghanaian work places."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?What are the differences between classic, multipreneurs, and intrapreneurs?
- What is the rationale for Patagonia to extend into specialty foods? How is this similar and different from apparel? How does Patagonia’s status as a privately held company help or hurt this new effort? How does it relate to Patagonia’s efforts to influence the practices of other food companies?“Entrepreneurs are individuals who recognise opportunities where others see chaos or confusion. They are aggressive catalysts for change within the marketplace. They have been compared to Olympic athletes challenging themselves to break new barriers, to long-distance runners dealing with the agony of the miles, to symphony orchestra conductors who balance the different skills and sounds into a cohesive whole, and a top-gun pilots to continually push the envelope of speed and daring. Whatever the passion – because they all fit in some way –entrepreneurs are heroes of today’s marketplace. They start companies and create jobs at a breath-taking pace”. - Donald F. Kuratko, 2009Requireda. In relation to the above quote, identify the qualities of a successful entrepreneurand illustrate how they have been applied in successfully creating and running an entrepreneurial undertaking you are familiar with. Your answer should include a brief profile of the successful entrepreneurial undertaking:…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?
- Biomaterial entrepreneurial venture all began as a joint venture between two agricultural and chemical giants, Cargill and the Dow Chemical Company. While these large corporations may not be the first entities one associates with entrepreneurial ventures framed by sustainability principles, in this situation they provided an incubation space for an intrapreneur (the term for an entrepreneur who starts a venture from within a large, established firm). give an example of a joint venture. What did they provide? Are they still in business today?Expound on this and provide an example. "Although both types of enterprises have a business mission, values, objectives and strategies, one does it only to make profit (private business) while the other one does it to improve society (social enterprise)"Not all firms develop innovative new products, but they still seem to survive. From entrepreneurshipperspective, explain why and how such firms do thrive. Discuss in support or dismissal of this assumptionbased on the following factors:a) Global market forces b) Organization skills c) Leadership skillsd) Business revenue model e) Low cost strategies DO NOT COPY FROM THE INTERNET INCLUDING CHEGG
- Give at least 3 areas where entrepreneurs should look deeper into? Provide example. As an entrepreneurship student, why do you need business opportunity? Management team? The production program, marketing program, and financial program? Explain. Give tips in choosing a business name and explain. What is a product life cycle? Give the stages of the product cycle and explain. What are idea generation and screening? What are business analysis and product development? Explain test marketing? What is a marketing mix? What are the marketing strategies and site examples? What are the 7P’s of the marketing mix? Give an example of a marketing mix and explain What is the promotion mix? Give example on each one. What is the significance of the marketing mix to a student like you? How can you explain the physical environment? What can you do as Student Entrepreneur? How can you help businesses in today’s crisis? In your own idea, how can you be an entrepreneur? -20. Make a simple business proposal…5) Let's say you become an entrepreneur, What would be the product that you'd like to introduce to the market? Give reasoning why you choose this product? What is your competitive advantage in the market? Can you compete globally with your product?1) How can both market and management factors affect the growth of a new venture? 2) What questions should you ask at each level of the new venture's growth?