Questions from General Entrepreneurship

Q: Karen Sharp lives in a town of approximately 10,000 in

Karen Sharp lives in a town of approximately 10,000 in Western Kentucky. There isn’t a furniture store in the town. Karen is thinking about starting one. She has good business and marketing skills and...

Q: In what ways is an entrepreneur who just launched a restaurant different

In what ways is an entrepreneur who just launched a restaurant different from someone who just took a job as the general manager of a restaurant owned by a major restaurant chain?

Q: Think about and find some information about trends in the motorcycle industry

Think about and find some information about trends in the motorcycle industry. In particular, identify the effects of economic, demographic, and regulatory changes that may affect the motorcycle indu...

Q: Your friend has developed what he believes is a novel floor cleaning

Your friend has developed what he believes is a novel floor cleaning product. The advantage of this product, he tells you, is that because of the unique chemicals used to create the cleaning fluid, pe...

Q: Although there are many retail stores in the United States, there

Although there are many retail stores in the United States, there are only a handful of big box stores such as Walmart, Target, and Costco. These stores stock products from thousands of suppliers. As...

Q: Travis Ryan is one of four cofounders of a skateboard company.

Travis Ryan is one of four cofounders of a skateboard company. The cofounders have decided to write a business plan to obtain funding for their venture. During a recent meeting, Travis said, “I know t...

Q: A good friend of yours, Andrew Waters, has decided to

A good friend of yours, Andrew Waters, has decided to leave his corporate job in order to launch a private SEO (search engine optimization) consulting firm. He is putting together a business plan for...

Q: Kevin Andrews and Karen Platt are college seniors. They’re in the

Kevin Andrews and Karen Platt are college seniors. They’re in the process of launching an unsweetened, fruit-flavored bottled water start-up named Compete H2O. The start-up will be unique in that Comp...

Q: What are the four primary factors that play a role in determining

What are the four primary factors that play a role in determining the nature and intensity of the bargaining power of suppliers?

Q: Imagine you just received an e-mail message from a friend

Imagine you just received an e-mail message from a friend. The message reads, “Want to let you know that I just finished writing the business plan for my new venture. I’m very proud of what I’ve writt...