- Consider a small business you want to create. In your post, address the following:
What type of business would you create?
Conduct some research on companies offering a similar product. What distinguishes you from your competitors?
Name 2-3 risks you need to consider in your new venture? Consider the risk factors similar companies may have encountered.
How could you leverage e-commerce and social media to make your business profitable?
- Consider a for-profit organization in your area that you currently work for (or a company your organization competes with or one you would like to work for). What type of ownership model does the company/organization use? Why do you think this type of ownership model was chosen? What would be different in your organization if a different ownership model were used?
end up entrepreneurs and now not necessarily simplest people who will definitely come to be entrepreneurs. This distinction is substantial because at the same time as movements has been verified to be predicted by using intentions. therefore, the point of interest of this studies remains at the entrepreneurial intentions degree of evaluation. The sample chosen includes postgraduate and undergraduate enterprise degree software students who were nearing graduation. when students contemplate graduation, they will additionally expand instant career plans and long-range desires. The respondents are the ones from the commercial enterprise disciplines due to the fact, based on their area interest, they have already decided to pursue enterprise-associated careers. for that reason, a homogeneous sampling of university university college students changed into covered on this study. on this look at, we comply with the technique tested by means of Brice and Nelson. This observe sample consisted of two hundred students from university schools in Malaysia who participated utilising a established questionnaire information collection technique. topics consisted of final (third) year enterprise undergraduates and final 12 months master of commercial enterprise management (MBA) college students in the concentrations of management. They had been suitable ordinarily due to the fact their educational attention implied that they had extreme hobby in pursuing a business profession. the principle themes included with the aid of the survey questions consist of company and proprietor characteristics; interest to begin-up; motivation to exchange jobs; career preferred timing and enterprise; medium for seeking employment: choice and probability of rewards and opportunity; standards of selecting employers. the two researchers’ contacted students immediately via targeted groups of respondents listing originating from the college of their instructional principal program. 5 questions adapted from Chen, Greene, and Crick (1998) changed into used to assess start up intentions. Responses have been accrued on a five-factor Likert scale and total scale rating was obtained by using averaging the 5 questions. Brice and Nelson have stated a Cronbach’s alpha of 0.92 for this scale, which implies sturdy reliability. facts pertaining to every respondent’s age, gender, and sophistication turned into received to apply as control variables within the analysis. each of those manage variables changed into recorded as non-non-stop, specific predictors. four. analysis and consequences as soon as all the associated statistics from the respondents turned into totally acquired, the scholars’ reasons main to begin-up were analyzed. From the suggest of all motivation constructs, it can be argued that the principle cause for start-up is the want for fulfillment (average price = 14.three), accompanied by means of economic motives (mean fee = 12.89) and the want for independence (average fee = 12.89). so as to establish instrument reliability, Cronbach’s coefficient alpha changed into computed. The reliability coefficient turned into zero.seventy one which indicates that the instrument changed into reliable in its dimension of determinants for begin ups. facts reduction method is used to spread the facts embe>GET ANSWER