Flora built her business from two employees to more than 2,000 during her 30 years in business. She was able to endow a scholarship fund to the community college and to leave her children a perpetual income. We call this her Group of answer choices corporate responsibility. social mission. good citizenship. entrepreneurial legacy.
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Flora built her business from two employees to more than 2,000 during her 30 years in business. She was able to endow a scholarship fund to the community college and to leave her children a perpetual income. We call this her
Group of answer choices
corporate responsibility.
social mission.
good citizenship.
entrepreneurial legacy.
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- Khalil quit his job as an investment banker to start Assi Rafts, a canoe and kayak rental business in Bekaa. Khalil was tired of the corporate life and was ready for a change. He bought a land, built his facility, and bought canoes, kayaks, trailers, and vans. He did no market research such as talking to potential customers before investing in the business. In the seven years the business operated, it never reached even half the revenues it needed to be successful. In the end, he closed the business after spending all his and his parents' savings. What function would a business plan play in Khalil's case? * Enhance his creativity Strengthen his research skills Attract lenders and investors he was in desperate need for to launch his business Serve as his road map on the O journey toward building a successful businessAs the business development officer of Bakery Grandeur, a small business that produces bento cakes and other small pastries sold in the Philippines. You have been tasked by an owner to provide a vision and mission for your small business.mpany History and Profile Both Ito-Yokado and Seven-Eleven Japan were founded by Mr. Masatoshi Ito. He started his retail empire after the Second World War when he joined his mother and elder brother and began work in a small clothing store in Tokyo. By 1960, he was in sole control and the single store had grown into a $3 million company. After a trip to the United States in 1961, Ito became convinced that superstores were the wave of the future. At that time, Japan was still dominated by Mom- and-Pop stores. Ito’s chain of superstores in the Tokyo area was instantly popular and soon constituted the core of Ito-Yokado’s retail operations. In 1972, Ito first approached the Southland Corporation about the possibility of opening Seven-Eleven convenience stores in Japan. After rejecting his initial request, Southland agreed in 1973 to a licensing agreement. In exchange for 0.6 percent of total sales, Southland gave Ito exclusive rights throughout Japan. In May 1974, the first Seven-Eleven…
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- What are the 4 M’s of a Mission advocated by the Harvard I-lab video and PDF on SE business plans? Why do you believe articulating a clear mission and having a well-written business plan are particularly important to a social enterprise?Women entrepreneurs are managing their time between business and family. What type of skills do they require to balance work and personal life? a. Team Building skills b. Interpersonal skills c. Communication skills d. Personal effectiveness skillsTo the new millennials, a career for life or working for others are no longer attractive options. It is getting increasingly popular for them to strike out on their own as an entrepreneur. Discuss any 4 factors that are feeding this entrepreneurial fire.
- The concept of Social corporate entrepreneurship unites the passion of a social mission with an image of business-like discipline, innovation, and determination. KFC implemented the idea by running some of its outlets by dumb and deaf staff. Do you think it was a step to improve its goodwill or a gesture of empathy? How will you justify both the concepts? Explain with pros and cons.How was the concept of shared value (the idea—advanced by Michael Porter and Mark Kramer from Harvard Business School—that companies should generate economic value in ways that promote social good.) utilized by Lifebuoy? Why do you think gaining internal support is important for bringing business value and social good together?-What is ecopreneurship, and how does ecovision play a role? Outline some specific recommendations for entrepreneurs to consider that promote environmental awareness. -Define social entrepreneur. -Describe the challenging boundaries involved with social enterprise.