[BSM 100] - Final Exam Guide - Ultimate 34 pages long Study Guide!
29 Nov 2016
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More women on the board of directors the more innovation and sustainability present. Learning from failure if organizations admit their mistakes & then work towards a solution. Issues an entrepreneur faces when beginning a business: Who should you know: competitors, investors (family, association with universities) Market knowledge (has there been a failure, what is being demanded, who are we targeting, who exists, will people copy my idea, ethics?, think about the consumer who??) If companies fail- other companies can learn, society can learn from the failure. Amazon was so different & made use of his network (seniors, friends, univeristy) he had. Steve jobs waited for the market to accept ideas, he made the ideas that were failing succeed, prepared a flexible, organized structure. Richard branson he branded very well, he said if u have an idea, just do it . Oprah winfrey ability to see her niche, started at daytime & closed the gap, go oprah.
