Write a minimum of 100 words for each question. This is a TURNITIN assignment on Moodle, which means that when you submit it, you will be submitting it to TURNITIN.  For Skill Builder assignments, f

MADM 751: Entrepreneurship, Innovation & Creativity

Louisiana State University Shreveport – Dr. Michael D. Meeks

Socratic Skill Builder #1: The Nature of Business & Entrepreneurship [100 points]

Due Date: Sunday July 21st by 11pm

Student Name (type your name here):

SKILLBUILDER RUBRIC

Completing this RUBRIC is optional (see note below).

YOUR GRADE (1 x 2 x 3 x 4 x 5 x 6%): ________

Rubric Note: completing this rubric is recommended but optional. It is included for those students who might ask how their grade for the assignment was determined. Completing the rubric answers that question without wasting the time of the instructor or classmates. Simply download the actual RUBRIC DESCRIPTION from the Course Moodle Webpage for rubric instructions.

WORDCOUNT is determined by the words you ADD to this document. There are roughly 650 words already in this SB.

Question #1A:

What is Entrepreneurship? Provide, in your own words, a definition of entrepreneurship. This is NOT a question looking for you to provide a “right or wrong” answer (or copy a definition via a Google search), but rather an opportunity for you to reflect on what you (and others) think about entrepreneurship, and describe your thoughts.

Type answer here…

Question #1B:

Is "Entrepreneurship" a "catch all" word that encompasses a broad swath of business activity, or is it more specialized?

Type answer here…

Question #1C:

Do you believe "Franchising" is entrepreneurship?

Type answer here…

Question #2:

Why do you have interest in becoming (or NOT becoming) an entrepreneur? If you were to become an entrepreneur, what type(s) of business would you start, and why?

Type answer here…

Question #3A:

Based on your experience, education (including the videos and materials assigned this week), and knowledge, what are the 5 most pressing issues facing ENTREPRENEURS in America?

Type answer here…

1. Issue #1:

2. Issue #2:

3. Issue #3:

4. Issue #4:

5. Issue #5:

Question #3B:

Why are heads of state across the globe desperately seeking knowledge on how to make their people more entrepreneurial?

Type answer here…

Question #4A:

Based on your experience, education (including the videos and materials assigned this week), and knowledge: What is business and why does it exist?

Type answer here…

Question #4B:

Based on your experience, education (including the videos and materials assigned this week), and knowledge: Why do people participate in business (engage in commerce, transactions, exchange)?

Type answer here…

Question #4C:

What are the 5 most pressing issues (challenges) facing the world of Business in America; and what can be done to address (prevent, resolve, or lessen) the impact of these issues?

Type answer here…

1. Issue #1:

2. Issue #2:

3. Issue #3:

4. Issue #4:

5. Issue #5:

Question #5:

This week there was a large quantity of videos (and readings) covering somewhat disparate topics in business and entrepreneurship. Which of these videos most resonated with you in regard to understanding business and entrepreneurship (and why)? I'm very interested in your thoughts.

Type answer here…

Question #6:

The theme of this week has to do with the essence of entrepreneurship. Several different aspects of entrepreneurship and different definitions were provided. After watching the videos and thinking about it, what is entrepreneurship to you? Does something have to be new or novel to be entrepreneurial?

Type answer here…

Question #7:

In your own words, describe how empathy applies to entrepreneurship. What does empathy have to do with entrepreneurship? Is it an important factor to successful entrepreneurship?

Type answer here…

© 2019 Dr. Michael D. Meeks