Question 1 (CLO 1) The three primary reasons that people become entrepreneurs and start their own firms
Question:
Question 1 (CLO 1)
The three primary reasons that people become entrepreneurs and start their own firms are desire to be their own boss, desire to pursue their own ideas, and financial reward. However, to be a successful entrepreneur require certain characteristics.
EXPLAIN the characteristics of successful entrepreneur
(20 marks)
Question 2 (CLO 2)
Based on any FIVE (5) creative techniques for entrepreneurs to find ideas, DISCUSS in-depth each techniques with examples. Support your answer with each techniques advantages and disadvantages.
(30 marks)
Question 3 (CLO 3)
Due to the current pandemic situation, you have decided to start a new online stationery supplies business.
- DESCRIBE the Market Analysis for your business ide Your answer need to be related to the current pandemic situation.
(30 marks)
- Industry analysis begin by describing the industry the business will enter in terms of its size, growth rate, and sales projections. EXPLAIN FOUR (4) items that should be under industry analysis segment.
(20 marks)
Entrepreneurship Successfully Launching New Ventures
ISBN: 978-0133797190
5th edition
Authors: Bruce R. Barringer, R. Duane Ireland