The Entreprenuer as a Strategist
Please select and answer one of the following problems in a well-organized and thoughtful research paper. Research paper title page and reference page are not included in the required paper length
Present a short summary of the major Board recommendations.
Please add additional recommendations not included in the list if you feel they are important in bringing about positive change within your organization or the selected organization. You can use appropriate illustrations, charts, graphs etc. in your paper. Use creativity and imagination in your paper.
The entrepreneur as a strategist is: "Often described as a person who organizes and manages a business undertaking and who assumes risk for the sake of profit, an entrepreneur is the ultimate strategist.", Page 319 in the text. This individual makes all the strategic management and operational decisions for the company. America was built on small business ventures.
You are considering opening your own small business. For you to become an entrepreneur you must consider both personal and external conditions plus other critical factors before embarking on this new business enterprise.
In a well organized paper:
Assess and describe whether or not you have the personality, skills and goals to become a successful entrepreneur.
Select a business idea or concept by examining and describing its feasibility and validity- Describe the businesses products or services of your venture.
Carefully analyze the market with a TOWS matrix analysis.
Who are the potential customers?
Develop a well thought out strategic business plan
Secure financial resources- state where you would seek financial help.
How much money will you need for this new venture?
Create an organizational structure with an explanation of the chart or structure.
Present a short summary of the proposed venture.