Jul 06, 2017

TU Questions: Computer Services Inc: Characteristics of an Entrepreneur

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TU Questions: Computer Services Inc: Characteristics of an Entrepreneur

Instructions:

Please answer the following questions.

Select a small business of choice (called “reference organization” throughout the course). If you select your own business, make sure you do not use actual numbers from financials, etc., in order to protect the organization. In other words, do not share anything that is considered proprietary information. Given that, tell us why you chose this business as your reference organization.

List 2-3 of the most important characteristics of an entrepreneur. Which of the characteristics do you think is most important? Please explain by citing your sources

Name 2-3 challenges for the small business manager and human resource management. What can the small business manager do to overcome these challenges and incentivize employees?  Make sure you cite your sources.

Discuss recruitment and motivational challenges associated with employees in your reference organization. Consider what you learned about small business and human resource management when writing your response. Provide examples, cite your source(s),

Discuss recruitment and motivational challenges associated with employees in your reference organization. Consider what you learned about small business and human resource management when writing your response. Provide examples, cite your source(s

Discuss in 3-4 sentences how important is for managers to be sensitive to local conditions when launching a new product? Provide a real example of products that were introduced but were not very successful due to the lack of this sensitivity to local conditions. Please cite your source(s),

 Discuss some basic marketing strategies used by your reference organization to promote their product/service. Which strategy/tool do you think is the most effective? Would you use these strategies in your business plan? Explain your answer.

List 2-3 financing challenges that small businesses face. Please cite your source(s

Discuss briefly their latest financial results in terms of profits, revenues or any other profitability measure. What is the underlying trend that you observe regarding the profitability? Explain your answer. Please cite your source(s

Content:

TU questions: Computer Services Inc Name Course Instructor Date Important characteristics of an entrepreneur The three crucial characteristics of a successful entrepreneur are passion, resourcefulness and perseverance. In the case of Computer Services Inc, perseverance and resourcefulness has been important when there were changes in the technology industry. Perseverance and determination is one of the most important traits for successful entrepreneurs (Machado & Melo, 2014). One may face various challenges and uncertainties, and even in cases where they face failure they should not give up. Nonetheless passion and resourcefulness are equally important to take advantage of the opportunities available. Name 2-3 challenges for the small business manager and human resource management. What can the small business manager do to overcome these challenges and incentivize employees?  Make sure you cite your sources. Hiring the r

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