Entrepreneurship Theory Process Practice 12th Edition Donald F. Kuratko - Solutions

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Can a company's pricing strategy really be about selling happiness?
How did the founders manage to launch a company and see $600,000 in sales the very first month?
What was the opportunity that Nicole Miller and Bud Konheim noticed?
What competitive advantages does Amador Bilingual Voice-Overs have in the voice-over field? List them and indicate whether each is based upon quality, price, location, selection, service, or speed/turnaround-or a combination of these.
Which methods of deciding upon business opportunities did Rosi and Brian Amador pursue?
Ippy participated in a program that helped her turn her sewing talent into a business. What type of assistance was it? Who provided it?Case Study Analysis
Why might Business Week have named Ippy as an America's Best Young Entrepreneurs finalist?
What knowledge, skills, and abilities did Ippy have before starting her company?What start-up costs did she have?
How did Ippy identify her market?
Visit http://www.download.cnet.com/windows and find three shareware programs that would be of value to you as an entrepreneur.
If the FX rate between the dollar and the euro falls to $1 = €1, would this still be a good business idea for you? Why or why not?
Is this a good business opportunity for you? Why or why not?
How much would that profit be in dollars?
How much profit would you get from the sale of each CD in the German store?
Understand how to value a business.
Ana lyze your competitive advantage.
D efine your business.
When Stephen Wozniak and Steve Jobs envisioned a computer in every home, computers were large, expensive machines available only to the government, universities, scientists, and very large companies.What technology currently available today to only a few people can you envision meeting a need for
Gross profit is the money earned by a business before which other costs are subtracted?
Describe three core values you would use to run your own company.
Describe any international competitors you have found who may be able to access the same customers. How would you compete?
Are there customers for this business in other countries? How would you plan to reach them?
If so, what was the source of assistance?
Did the owner have any assistance in writing or reviewing the plan?
If he or she did not write a plan, why not?
If he or she did write a plan, for what has it been used?
Ask whether he or she wrote a business plan before starting the business. Since then?
Why is it important to identify a business's culture from the beginning?
How can spending time researching and writing a business plan save an entrepreneur time and money in the short and long term?
Print an assignment or any body of text with l-inch margins, double spaced, using 1 2-point Times New Roman. Then, print the same document with 0.8-inch margins, single spaced, using the 1 0-point Arial typeface. Which is easier to read? Why? How would this relate to a business plan?
One mistake entrepreneurs make in their business plans is that of including only an income statement. What other financial statements should be incorporated and why?
Visit an Intemet shopping site such as the Home Shopping Network(http://www.HSN.com) or QVC (http://www.QVC.com). Select five products that are being sold that you find interesting or unusual.Make a list of the products and your explanation of the market opportunities they reflect.
What factors make the difference between a good business plan and an excellent one? (Hint: Use the chapter data and rules from competitions.)
Charity and Devon are planning to license technology from NASA that would make it impossible to accidentally lock a child in a car.The technology is complex, and the market analysis and financial assumptions take up a lot of pages. The two women have written an 80-page business plan. Explain your
Explain the various pu rposes of a business plan and the audience for each.
EET is a family business. How do Michael and Sheena address the issues of balancing the demands of the business with those of the family?
Is the EET a business model that would be conducive to franchising? Why or why not?
What are the key messages that the EET delivers to prospective entrepreneurs?
How did Michael and Sheena determine that the EET was a sound idea? Did they use a feasibility analysis? What ideas did they discard before deciding on the EET?
What motivated Michael and Sheena to start the EET?
Prior to starting the EET, what types of things did Michael and Sheena do to help themselves build entrepreneurial knowledge/skills?
Is there a future for Craigslist? What might that future look like?
How is Newmark's personality reflected in his company?
Do you think Craig Newmark thought through the Craigslist idea well enough before he launched the business?
What unmet needs of the customer, or conditions in the apartment hunting and job search processes, contributed to the success of Craigslist?
Identify three businesses or ideas from the site, and state why they might, or might not, be viable opportunities.
Is the Web site selling a product or information (as a primary function, not through banner ads)? If so, what?
Visit the U.S. Small Business Administration for brochures and other material. Find an office in your area or go to http://ww.sba.gov.
Do you agree that it will probably take about three months for your business to start earning a profit? Why or why not? If not, how long do you expect it to take, and why?
Define small business.
List five business opportunities in your area/neighborhood and the need(s) each would satisfy. Note whether the opportunity you describe is internal, external, or a mix.
Give an example of a change that has occurred or is about to occur in your area/neighborhood. Discuss any business opportunities this change might create.
Explain how a business opportunity differs from a business idea.
If you were to start a business, what would be your opportunity cost?In other words, what is the next-best use of your time? How much money could you make working at a job instead? The answer to this question will give you a rough idea of how to value your time when you start a business and have to
Identify three nonfinancial benefits of entrepreneurship that might be important to you. Write a paragraph about each.
What would be the best thing about owning your own business?What would be the worst?
Find and eva luate opportunities to sta rt your own business.
2.1. Describe the entrepreneurial mindset and entrepreneurial cognition
2.2. Identify and discuss the most commonly cited characteristics found in successful entrepreneurs
2.3. Describe the skills of entrepreneurial hustle and coachability
2.4. Identify how entrepreneurs deal with failure
2.5. Describe the entrepreneurial experience
2.6. Discuss the "dark side" of entrepreneurship
2.7. Identify and describe the different types of risk entrepreneurs face
2.8. Describe the major causes of stress for these individuals and the ways they can handle stress
2.9. Discuss the ethical dilemmas confronting entrepreneurs within a dynamic environment
2.10. Present strategies for establishing ethical responsibility and leadership
2.11. Examine entrepreneurial motivation.
2.1. Briefly describe the evolution of the term entrepreneurship.
2.1. Explain the typology of entrepreneurs distinctive journeys.
2.1. What are the elements of the entrepreneurial mindset?
2.1. What are the 12 myths associated with entrepreneur- ship? Debunk each.
2.1. What is the macro view of entrepreneurship?
2.1. What are the schools of thought that use the macro view of entrepreneurship?
2.1. What is the micro view of entrepreneurship?
2.1. What are the schools of thought that use the micro view of entrepreneurship?
2.1. What are the three specific types of displacement?
2.1. In the strategic formulation school of thought, what are the four types of strategies involved with unique elements? Give an illustration of each.
Define the terms gazelle, unicorn, decacorn, and hectacorn and discuss their importance.
Identify three of the future trajectories of the entrepreneurial mindset and discuss their implications.
3.1. Describe the entrepreneurial mindset within the context of a broader organization
3.2. Illustrate the need for entrepreneurial thinking in organizations
3.3. Define the term corporate entrepreneurship
3.4. Describe obstacles that prevent innovation within corporations
3.5. Summarize the considerations involved in reengineering corporate thinking
3.6. Describe the specific elements of a corporate entrepreneurial strategy
3.7. Explain the methods of developing managers for corporate entrepreneurship
3.8. Illustrate the interactive process of corporate entrepreneurship?
3. Explain the importance of entrepreneurial hustle and entrepreneurial coachability.
7. What are four causes of stress among entrepreneurs? How can an entrepreneur deal with each of them?
10. A small pharmaceutical firm has just received permission from the Food and Drug Administration (FDA) to market its new anti COVID-19 drug. Although the product has been tested for two years, management believes that serious side effects may still result from its use, and a warning to this
11. Explain the four distinct roles that managers may take in rationalizing morally questionable acts "against the firm" or "on behalf of the firm." Be complete in your answer.
12. Why do complex decisions often raise ethical consider- ations for the entrepreneur?
13. Cal Whiting believes that entrepreneurs need to address the importance of ethics in their organizations. How- ever, he is unsure of where to begin in his own company because the entire area is unclear to him. What would you suggest? Where can he begin? What should he do? Be as practical as you
14. What is the concept of entrepreneurial motivation, and how has it been depicted?
15. Explain the concept of entrepreneurial persistence and how it is being examined.
4.1. Describe the social entrepreneurship movement
4.2. Summarize common characteristics displayed by social entrepreneurs
4.3. Discuss the challenges of social enterprise
4.4. Explain the concept of shared value

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Entrepreneurship Theory Process Practice 12th Edition Donald F. Kuratko - Solutions

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