Based on the idea you discussed in your Week one Discussion Question, complete a SWOTT analysis. How viable is your idea? Briefly address each of the following points in two to three sentences:
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Compare and contrast entrepreneurship with working in a corporate environment as a department head. What are some responsibilities, rewards, and risks associated with each role? How does this affect your decision to be an entrepreneur
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Discuss ways in which your business may be socially and environmentally responsible. Why would a company invest time and money in environmentally sound promotions and community involvement?
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How do you determine your target market for your product? What marketing strategies do you intend to use for marketing your product? What pricing strategy might you use?
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How do you encourage employees to value the bottom line and customer service?
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How might a thorough business plan help entrepreneurs persuade investors and guide the operations of the business? What components of the plan would you want to cover in more detail? Why?
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If you are joining a market with multiple competitors, how must you develop a competitive edge? How could you design your product differently? What marketing strategies could you utilize?
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It has been said that entrepreneurs are born, not made. Do you agree with this statement? Why or why not? Can anyone be an entrepreneur? What characteristics, traits, skills, or knowledge must an entrepreneur have?
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MGT 300 W1 DQ 1
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MGT 300 Week 1 Discussion Question 1
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MGT 300 Week 1 Discussion Question 2
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MGT 300 Week 1 Discussion Question 2
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MGT 300 Week 2 Discussion Question 1
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MGT 300 Week 2 Discussion Question 1
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MGT 300 Week 2 Discussion Question 2
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MGT 300 Week 3 Discussion Question
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MGT 300 Week 3 Discussion Question
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