1) Chapter 5 Questions
a) An industry is group of firms producing a similar product or service, such as
airlines, fitness, drinks, or electronic games.
b) An industry analysis is a businesss research that focuses on the potential of an
1. Read chapter 4 and answer the following questions:
a. What is a business model?
i. A business model is a firms plan or recipe for how it creates, delivers,
and captures value for its stakeholders
b. What is a standard business model? What is a
Personal Trait Inventory
Entrepreneurs are not made, they are born, or are they? There has been many debates about
whether successful entrepreneurs are born or are they made. I believe it is a combination of both,
Midterm Essays on E-Myth Revisited
1. State and summarize what Gerber refers to as the four profound ideas around which the book
The first of the profound ideas is that there is a myth in this country