Slides Questions Part 2 Flashcards
What is the difference between a new venture, small business, and entrepreneurship? Are they mutually exclusive?
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What role does the āPā of PEST play in entrepreneurship and why does it choose to do so?
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What is the entrepreneurial process and what influences it and why?
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How are the elements and principles of entrepreneurship similar to the Diamond-E?
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Where does the entrepreneurial process begin? Why does it begin there? What determines that the entrepreneurial process will be successful?
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What are the components of opportunity recognition?
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Why is screening important?
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How do you know if you have a good idea?
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What are the key facets of a social entrepreneur and how do they differ from a traditional entrepreneur?
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How do social enterprises differ from traditional enterprises in their interpretation and pursuit of the critical success factors?
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What choices does a firm have for accessing resources? What are the characteristics of each option?
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In what ways are traditional and social entrepreneurship similar?
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What is the difference between a charity and a social business?
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Who are the stakeholders in a social business?
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Identify a social business and describe how the key facets are illustrated in it
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