Questions from General Entrepreneurship


Q: What is a harvest plan? Why is it important to consider

What is a harvest plan? Why is it important to consider a harvest plan?

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Q: What is brainstorming? Why is it important to the new entrepreneurial

What is brainstorming? Why is it important to the new entrepreneurial owner?

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Q: Summarize the six ways that new potential entrepreneurs identify business opportunities in

Summarize the six ways that new potential entrepreneurs identify business opportunities in the marketplace.

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Q: Summarize the five important headings that a potential entrepreneurial owner should consider

Summarize the five important headings that a potential entrepreneurial owner should consider when completing a gap analysis. Can you think of additional items to consider?

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Q: How should a mission statement guide the actions of employees?

How should a mission statement guide the actions of employees?

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Q: What is business risk? What are the three threats that impede

What is business risk? What are the three threats that impede entrepreneurial venture success? Discuss why potential entrepreneurs should be concerned about business risk.

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Q: How can new small business owners finance their new entrepreneurial businesses?

How can new small business owners finance their new entrepreneurial businesses? What do they do if they do not have enough money to initiate their business operations? List at least three ways individ...

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Q: What is a deficit analysis?

What is a deficit analysis?

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Q: Explain why it is important for entrepreneurs to evaluate their competitors.

Explain why it is important for entrepreneurs to evaluate their competitors.

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Q: Describe how unique products can develop into competitive advantages.

Describe how unique products can develop into competitive advantages.

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