Analyse the competencies required for SMEs that Disney should also consider in trying to remain entrepreneurial when it comes to technology
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Analyse the competencies required for SMEs that Disney should also consider in trying to remain entrepreneurial when it comes to technology.
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- with the aid of practical examples from an identified start up, identify and explain 4 major differrences between a business model and a business plan.There are different options after completing the business degree, most of the students seek job opportunities, and many of the students decide to manage their family businesses. In recent times, entrepreneurship studies got much interest among young graduates and people tend to establish independent units. If you choose to become an entrepreneur, why would you choose to be? In case you choose not to become an entrepreneur, what would be the reason? Also prepare your own SWOT analysis.3. What is the role of information technology in Instacart’s business model?
- dentify a potential Blue Ocean in today’s business environment. Can you identify any firms moving to take advantage of this space?Your textbook defines the external environment as the forces, institutions and people outside the boundary of the firm. The external environment is further divided into the general and task environment. Identify one or more sectors in the task environment which helps to create opportunities for entrepreneurs in the United States.Identify and illustrate four main differences between a business model and a business plan using examples from a real-life start-up.
- Choose four (4) activities that belong to stage 3 of the Entrepreneurial Process a. Your medical technology venture team only needs your mom, sister and dad, you don't need to hire trained technicians, doctors or even outsource to professional medical firm. The team can learn on the job b. Create fake financial records so that investors will be impressed c. Preparing the proper ethical and legal foundation d. Assessing a new venture’s financial strength and viability e. Social distancing is for clowns, and after curfew parties are best held in cane fields f. If you operate a restaurant bribe the health inspector so that you don't need a health permit g. Your bank manager is your girlfriend, who cares if the venture is financially feasible, she can't say no to me h. Do not pay taxes and pirate software to cut expenses i. Contact your local loan shark for some quick cash j. Building a new venture team k. Getting financing or fundingRead the case study below and make your recommendations to Jane about whether she should pursue entrepreneurship based on the information provided. Jane Browne recently completed her college education. She has decided to start her own business because she has been unable to find work. She is unsure whether she possesses the personal qualities or qualifications required to become an entrepreneur. She isn't sure which type of business ownership is best for her. You discover the following information while speaking with Jane. She doesn't have a lot of money in the bank. Six months from now, she will be required to begin making payments on her student loans. She has a few friends who are also unemployed. They each have a small amount of money. They are all trained in the same field. She has a lot of great ideas for how to run her business. She does not want to share or change her ideas, and she is unsure how she will work in a team. She is not afraid of working long hours. When she was in…Discuss how to design business portfolios and develop growth .
- While universities can play a significant role in fostering entrepreneurship among students several factors can limit entrepreneurial behavior and intention among universities as students. Write an assignment discussing and recommending strategies to overcome the limitation to increase use and foster the entrepreneurial behavior and intentions in university students. These limitation includes: Academic work loads and pressure to excel in traditional coursework can leave students without necessary knowledge and intentions in university stydentsHow is the strategic plan of an engineer/scientist entrepreneur likely to be different from that of an entrepreneur whose primary strength is in the manufacturing area? Be complete in your answer.You are about to finish the business degree in near future. There are different options afterwards, most of the students seek job opportunities, and many of the students decide to manage their family businesses. In recent times, entrepreneurship studies got much interest among young graduates and people tend to establish independent units. If you choose to become an entrepreneur, why would you choose to be? In case you choose not to become an entrepreneur, what would be the reason? Also prepare your own SWOT analysis.