Session:7 Entrepreneurship
Chapter Review Questions
Principles of Management | Leadership Development – Micro-Learning Session
Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/principles-management
- What are the differences between classic, multipreneurs, and intrapreneurs?
- What differentiates an entrepreneur from a small-business owner?
- What are some major factors that motivate entrepreneurs to start businesses?
- How can potential business owners find new business ideas?
- Why is it important to develop a business plan? What should such a plan include?
- What financing options do small-business owners have? What risks do they face?
- How do the small-business owner’s and entrepreneur’s roles change over time?
- What are the benefits to small firms of doing business internationally, and what steps can small businesses take to explore their options?
- Describe the financial and management assistance programs offered by the SBA.
- What significant trends are occurring in the small-business arena?
- How is entrepreneurial diversity impacting small business and the economy?
- How do ethics impact decision-making with small-business owners?