What does the concept of entrepreneurship mean to you?

Order Instructions
Please read the scenario below, and then answer the questions that follow in a 3-page analysis with 3 sources. The questions will guide your analysis of the situation, but they need to be presented as part of a report to the owner of the company.

You have been baking as a master pastry chef for many years and have decided to open up your own pastry shop. A member of your family is able to do the management side of the business. Having never owned or started a business, both you and your family member feel that it is a good idea for both of you to study the concept of entrepreneurship, innovation, venture scripting, and opportunity recognition as advocated by Drucker, Mitchell, Schumpeter, and Vesper.

In preparation for the study, you have been asked to go over the following ideas:

What does the concept of entrepreneurship mean to you?
How does innovation relate to entrepreneurship?
How will value be created in the pastry shop?
What are the main personality characteristics of entrepreneurs?
Explain the general venturing script as it pertains to entrepreneurship.
Describe design thinking.
What are some mental blocks to departure that many potential entrepreneurs have that keep them from starting a business?
Describe tactics used to cope with and get over the blocks to departure.
Explain opportunity recognition according to Baron and Schumpeter.
Apply design thinking to the new pastry shop.
NOTE: Business concepts cited in this assignment are discussed in your textbook reading assignment for this unit.

Collepals.com Plagiarism Free Papers

Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.

Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS

Why Hire Collepals.com writers to do your paper?

Quality- We are experienced and have access to ample research materials.

We write plagiarism Free Content

Confidential- We never share or sell your personal information to third parties.

Support-Chat with us today! We are always waiting to answer all your questions.