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QUESTION

3 paragraph response to 8 questions

3 paragraph response to each question.

  1. What is your level of personal interest in becoming an independent entrepreneur? Why did you rate yourself as you did?
  2. How would you assess your capability of becoming a successful entrepreneur? What are your strengths and weaknesses? How would you increase your capability?
  3. Read Exhibit 6.1, found on page 119 of the text, Some Myths About Entrepreneurs. Which myths did you believe? Do you still? Why or why not?
  4. Identify a business that recently folded. What were the causes of the failure? What could have been done differently to prevent a failure?
  5. What are some advantages and disadvantages of being in the CEO position?
  6. Why do you think managers have difficulty delegating? What can be done to overcome these difficulties?
  7. If you learned that a company had a matrix structure, would you be more or less interested in working there? Explain your answer. How would you prepare yourself to work effectively in a matrix?
  8. What is a core competence? Generate some examples of companies with distinctive competencies, identifying what those competencies are. Brainstorm some creative new products and markets to which these competencies could be applied.
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