Management 3610

3610
Principles of Management Entrepreneurship Homework

Consider an entrepreneur you know; could be a relative, friend, or acquaintance. Answer the following questions:

1. What business is the entrepreneur in? What event prompted the entrepreneur to enter his/her business? What motivated the entrepreneur to enter business?

2. In class, we discussed several entrepreneur types. For each type discussed in class, determine if the entrepreneur represents that type – and explain why or why not.

3. Consider the entrepreneur success traits that we discussed in class. Identify if the entrepreneur possesses each success trait discussed in class. In what ways does the entrepreneur demonstrate having, or not having, each trait?

4. Do you predict success or failure for the entrepreneur’s current business venture? Considering environmental factors, the entrepreneur’s success traits (from our discussion), and strategy, why do you predict success or failure?

Typed, single spaced
Include questions (answer on this document if you like)
Number your answers
Grammar and writing could affect grade.
Bullet points are not acceptable. Write in paragraph from
Due at the beginning of the class period. No exceptions.
You might bring an extra copy with you as we’ll discuss briefly in class.

I want the business to be shell gas stations