ZuoTi.Pro
Question

Identify three (3) reasons why individuals create new business ventures. Next discuss any goals or motives...

Identify three (3) reasons why individuals create new business ventures. Next discuss any goals or motives that would drive you to become an entrepreneur. Provide examples for your response.
Discuss at least (3) fundamental drivers for establishing a new venture then share two (2) common sources that provide the ideas for these business opportunities. Be sure to support your response.
business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Individuals create new business ventures because 1) to pursue their passion

2) they have a good business idea

3) to change their lifestyle

The goals that would drive me to become an entrepreneur are to pursue my passion and to change my lifestyle.

For example, I work 10-7 everyday and come home eat and sleep then go back to work so to change this monotonous life pattern i might think of starting a business venture and fortunately I am a good baker and have been passionate about baking then i can go for opening my own bakery and pursue my passion

0 0
Add a comment
Know the answer?
Add Answer to:
Identify three (3) reasons why individuals create new business ventures. Next discuss any goals or motives...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • "New Ventures and Opportunities" Please respond to the following: Identify three (3) reasons why individuals create...

    "New Ventures and Opportunities" Please respond to the following: Identify three (3) reasons why individuals create new business ventures. Next discuss any goals or motives that would drive you to become an entrepreneur. Provide examples for your response. Discuss at least (3) fundamental drivers for establishing a new venture then share two (2) common sources that provide the ideas for these business opportunities. Be sure to support your response.

  • please discuss- thank you im not sure about investments and so i just posted the question...

    please discuss- thank you im not sure about investments and so i just posted the question in general, lets go with investing in Apple..? Week 3 Discussion Ascording to the efficient market hypothesis, stock prices fully reflect available information about the value of the firm, and there is no way for individuals or mutual funds to car excess profits or outperform the market. But, is it true? We will play a simple investment game to test this hypothesis. In this...

  • Please read the case study below and then answer the question: Would Kickstarter remain innovative and...

    Please read the case study below and then answer the question: Would Kickstarter remain innovative and entrepreneurial? (Please provide the references used) CASE ? BACKERS BEWARE: KICKSTARTER IS NOT A STORE By 2015, the concept of "crowdfunding" had matured.Whatever promotion Wilson did worked. The project According to Wharton School researcher Ethan Mollick aunched on March 20, 2013, and within 24 hours it not only crowdfunding allowed "founders of for-profit, artistic, and had reached its $829 goal but was on its...

  • Eleven-year-old Mallory is a budding entrepreneur. She is always coming up with new business ideas. In...

    Eleven-year-old Mallory is a budding entrepreneur. She is always coming up with new business ideas. In early summer 2014, her latest venture is a lemonade stand. Mallory is focused on making a high level of profits – she was saving for a new bike. Mallory is trying to do develop a marketing strategy to help her achieve her goals. Last year Mallory helped a friend with a lemonade stand. This year she wants to run her own business. Her parents...

  • 1. find an article about a product or service that impacts your daily life and write...

    1. find an article about a product or service that impacts your daily life and write 1 to 2 paragraphs describing the item, how it impacts your life, and what factors you think are impacting the supply and demand of this item. Be sure to include the URL of the article you accessed for this question. 2.What are the ethics of outsourcing? Is a corporation’s primary responsibility to its stockholders, by reducing labor costs? Or is its primary responsibility to...

  • Using Table 11-1 on page 306, what specific constraints on corporate entrepreneurship would you identify for...

    Using Table 11-1 on page 306, what specific constraints on corporate entrepreneurship would you identify for Apple? What other potential limitations on corporate innovation could Apple experience? Why? Discuss the ethical dilemma of rogue middle managers as it could apply to Apple. Is Apple Its Own Obstacle? Innovation is one thing, but when a company has innovation with no strategy to define a market, take the lead in that market, and profit from that position, it will most likely find...

  • e-Business Strategy and Models in Banks : Case of Citibank E-business strategy in Citibank: Banks today...

    e-Business Strategy and Models in Banks : Case of Citibank E-business strategy in Citibank: Banks today are up-to-date with both the pros and cons of the internet. They are aware of the opportunities and threats that are associated with the Web. Not a single traditional bank is brave enough to face investment analysts without an Internet strategy. But even a very thoughtful approach to the Web may do no good to the company/ organization. The main purpose behind launching online...

  • Forrester, NMSU, Exante Financial Services, and Others: Getting Real about Strategic Planning It must be nice...

    Forrester, NMSU, Exante Financial Services, and Others: Getting Real about Strategic Planning It must be nice to be the CIO of a FedEx, or a GE, or a Credit Suisse, where IT and the business are so tightly aligned you can barely tell the two apart. In such companies, corporate leaders understand that IT is a strategic asset and support it as such. These are places where the CIO is encouraged to spend the majority of his time on the...

  • Aflac Insurance Company InformatIon: Aflac is a Fortune 500 insurance company founded in 1955 by three...

    Aflac Insurance Company InformatIon: Aflac is a Fortune 500 insurance company founded in 1955 by three brothers, John, Paul and Bill Amos. Today, Aflac employs more than 4,500 people and has more than 71,000 licensed independent agents throughout the United States and Japan. The following is an excerpt from the New York Stock Exchange business summary. “Aflac Incorporated is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services...

  • Case: Criticizing customers. Short-changing workers. Sassing regulators. Deceiving authorities. Emphasizing rule breaking and ruthlessness in a...

    Case: Criticizing customers. Short-changing workers. Sassing regulators. Deceiving authorities. Emphasizing rule breaking and ruthlessness in a “win at all costs” workplace culture. Is this what it takes to go from startup to a $70 billion business in only seven years? Or are these characterizations false, the criticisms of jealous rivals? Let’s take an extended look at the exciting journey of the low-cost ridehailing service known as Uber, or Uber Technologies Inc., one of the leading transportation services of the world....

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT