Questions from General Entrepreneurship

Q: Define “hypergrowth” companies, and evaluate the reasons for their

Define “hypergrowth” companies, and evaluate the reasons for their phenomenal rate of growth. What are the most valid explanations for the rate of success found in these companies?

Q: Many entrepreneurs test the waters of a market by starting a sideline

Many entrepreneurs test the waters of a market by starting a sideline business. What are the advantages and disadvantages of selling items on Internet auctions like eBay? Is a person who regularly has...

Q: Explain the concept “window of opportunity” as it relates to

Explain the concept “window of opportunity” as it relates to new startups from idea conception through the final decision about whether or not to turn the idea into a reality.

Q: Is creative destruction just another economic theory for the foundation of capitalism

Is creative destruction just another economic theory for the foundation of capitalism? Build a case supporting your answer.

Q: Entrepreneurs get their ideas for business startups from various sources. Elaborate

Entrepreneurs get their ideas for business startups from various sources. Elaborate on these sources, and analyze which ones are the most reliable indicators for the new business owner with regard to...

Q: What are some examples of consumer preferences and values? What are

What are some examples of consumer preferences and values? What are some examples of things the new business owner can do to ensure capturing some of the market for the good or service being produced?...

Q: What criteria do you see as most critical when differentiating an idea

What criteria do you see as most critical when differentiating an idea from an opportunity?

Q: Give some examples of things the new entrepreneur should immediately investigate in

Give some examples of things the new entrepreneur should immediately investigate in order to ensure to the maximum extent possible that the business will “get off the ground.”

Q: Is a business plan really necessary even for a very small startup

Is a business plan really necessary even for a very small startup business? How much market analysis and competitive analysis should the new entrepreneur conduct prior to startup?

Q: What are some of the tangible resources that the new entrepreneur might

What are some of the tangible resources that the new entrepreneur might need in order to go into business initially? What are some options for obtaining capital for a business that is brand new and th...