MGM 1 - entrepreneurship I notes - 1.Toddtoyscompany...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
MGM 1 – Entrepreneurship 1 1. Todd – toy’s company Ways: - taking chances by buying $500,000 baseball to gain networks  and license for the  figures 2. small businesses No restriction because you are your own boss Barrier to entry is not high because a little starting up-cost is required Difference between small and large business: capital constraint in small business;  opportunities is limited in smaller businesses; also, you have to be multi-tasking in small  business while in large business, you are specialized to do something specific (your  specialization).  3. entreprenerurship:  Ways to enter market: new product or improved existing product If you are an entrepreneur, you are both: owner and manager Major – critical characteristic of entrepreneur: risk-taker Non-profit organization: social entrepreneur 4. small business vs entrepreneurial business:
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern