homework 1.docx - Marta Turmo Crespo Discussion Questions...

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Marta Turmo Crespo Discussion Questions 1-4 pg 41 (Chapter 1) MN371 Small Business Management September 4 th , 2018 1. Corporate downsizing flooding the market with corporate cast-offs, an attitude that small is beautiful, international economic development due to the fall of communism and the “capitalization” of former state-owned industries, a dream of freedom and independence, perseverance in achieving results, and the opportunities presented by an ever-changing environment. 2. One who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying opportunities and assembling the necessary resources to capitalize on them. The entrepreneurial profile: desire for responsibility, preference for moderate risk, confidence in personal success, desire for immediate feedback, high level of energy, possess a future orientation, skill in
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