Questions from General Entrepreneurship


Q: This Concept Module described five stages a business goes through as it

This Concept Module described five stages a business goes through as it grows. How would management style need to change from stage to stage.

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Q: We read in this chapter that entrepreneurs try to build competitive advantages

We read in this chapter that entrepreneurs try to build competitive advantages for their businesses by being unique. How will these partners know if their Fluzzle Tube idea will stand out, or sink? 2....

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Q: How can financial records allow you to identify problems in your business

How can financial records allow you to identify problems in your business?

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Q: Which exit strategy discussed in the chapter would you consider ideal?

Which exit strategy discussed in the chapter would you consider ideal? What would a downside of that strategy be?

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Q: Review the five stages of business growth. Which of these five

Review the five stages of business growth. Which of these five would you aspire to for your own business. Be prepared to justify your answer.

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Q: How can the owner of a small business apply Maslow’s hierarchy of

How can the owner of a small business apply Maslow’s hierarchy of needs to working with employees?

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Q: What are positive and negative aspects of delegation?

What are positive and negative aspects of delegation?

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Q: As a business owner, in which of the leadership attributes discussed

As a business owner, in which of the leadership attributes discussed in the text are you the weakest? How could you help yourself improve in this area? How could others help you? What is your stronges...

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Q: What is motivation? Can managers really motivate employees?

What is motivation? Can managers really motivate employees?

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Q: Are you a good manager of time in your personal life?

Are you a good manager of time in your personal life? How will this affect your ability to manage your time as a business owner?

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