Essays on Entrepreneurship

1.1 Introduction Good business management is mostly attributed to key factors that help a firm meet its competitiveness in the market (Chesbrough 2007, p. 27). Despite the global agreement about the management role in fostering business innovation in ensuring business growth and development, so many people still confuse the concept of...

1.0 Brief Background to the Study In the modern business environment, electronic commerce is not preferred by large corporations only but also Small and Medium Sized entities (SMEs) respectively. E-commerce is a term used to refer to the nature of transactions that are carried out using electronic devices such as computers...

1. Revenues and Price Competitive Positioning: Pandora initial model was membership based with free hours upon initial registration. Later they changed to free model while keeping the membership display optional for those in need of more music and ad free accounts. Apart from its mainstream source, Pandora radio earns additional...

Question One Wal-Mart is one of the top retailers in America and operates other stores across Europe and Asia. Previous research indicates that the firm’s “everyday low prices” philosophy makes the corporation to provide low wages and benefits to its employees (Work Place Fairness, 2006). For example, Wal-Mart remuneration rates fall...

The psychoanalytic theory was developed by Sigmund Freud, a Vienna-based psychologist who lived between 1856 and 1939 (Guntrip, 2018).   The psychoanalytic theory holds that personality and human behavior are the outward display of the interactions of the mind’s three structures: the id, ego, and superego. The id is the most...

Richard Branson's Leadership Style Richard Branson stands out among the most effective leaders in the present age. His leadership charisma, innovativeness, and interpersonal strategies seem to inspire growth and effectiveness in a business. Richard Branson started as an entrepreneur of a small magazine production, and later grew into a well-established entrepreneur...

Philosophy Philosophy is the study of the fundamental problems and generally activities pertaining to the existence of knowledge, values, reason, mind, and language. It's a rational and the methodological consideration of the realistic content which takes reality as a basic thing with its abstract nature. Its approach to the issues is...

One virtue that is essential in every business, and often the hardest to master is patience. The patience of an entrepreneur or investor is an important virtue because it nurtures the thriving capacity of the business through pleasurable times, and demanding moments. It is a fact that success is rarely...

Johnson Johnson is a pharmaceutical company that is committed to providing medical care since its establishment in 1886. In 1943, the guiding manual of the company or the founding values Our Credo were draft on a paper (Johnson, 1956). Since drafting guidelines to paper, they have...

In the second lecture, Sam Altman, President of Y Combinator, outlines the final two stages in successful entrepreneurship namely, the formation of the start-up team and execution of the business idea. These stages are a continuation of the previous steps of business idea formulation and product design. This paper presents...

In their first lectures, Sam Altman outlined the first two of four steps one should ideally follow in starting a business while Dustin Moskovitz opinionated on the reasons why anyone should venture into business. Entrepreneurs face various challenges as they endeavor to start profitable business ventures possibly due to failure...

Presentations delivered at Bus Com. Company are clear and logical and ideas adhere to the topic being presented. The presenter ensures that he or she maintains eye contact with the audience (Bradbury, 2006). Presentations are also informative and provocative, which creates the opportunity for a question and answer session. The...