Saturday, October 19, 2019
MGT 470 Take home exam Coursework Example | Topics and Well Written Essays - 750 words
MGT 470 Take home exam - Coursework Example These are presented in the following sections of the book (blue shaded headings): As a whole, these entrepreneurial qualities (skills, intentions, and behaviors) include opportunity recognition, acquiring social networks, effectuation and bricolage, self-efficacy, optimism, regulatory focus, alertness and more. Each one holds potential for being more innovative, creative and enterprising in your profession (and your life). Note that in the following two questions, the more variety of qualities you have in your answers, the better i.e. four different qualities are better than two, each done twice). A. Which of these (three at most)à are ââ¬Ëmost importantââ¬â¢ for being an entrepreneur? For each one, explain in one or two sentences (max) why they are particularly influential in the process and to the outcomes. [12 points] Acquiring social networks- this allows the entrepreneur to attract new business customers across a variety of verticals thus increasing customer base. It helps in reaching targeted audiences quickly thus generating more sales/leads and profits. B. Choose one or two of these entrepreneurial qualities that are most interesting or meaningful to you. What intrigues you about it ââ¬â why are you drawn to these qualities? Briefly suggest one way you could cultivate this skill or behavior in your work. (1 page double spaced max) [20 points] This entrepreneurial quality enables an individual in going out in the world to invoke change through their actions. Self-motivated individuals are good risk takers and are often not afraid of failure; they have strong inner drive to make progress. Self-motivation helps in working tirelessly in solving problems that confront them. Entrepreneurs are more able to adapt pretty well to the changing situations without unraveling. The quality enables an entrepreneur to help their teams change with
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