MGTA02H3 Chapter Notes -Business Plan, Professional Wrestling Throws, Franchising

• School: UTSC
• Department: Management (MGT)
• Course: MGTA02H3
• Professor: bouvaird

Document Summary

Chapter 3: understanding entrepreneurship, small business, and new venture creation. The links among small business, new venture creation, and. Can be found in all times of firms (old, new, big, small, public, private: intrapreneurs within large firms; don"t need to provide resources. The role of small and new businesses in the canadian. Hence businesses counted as new" could have been operating for years. The entreprenurial process: the entrepreneur personality traits (independence), and skills (problem solving, must present specific behaviourial (ex: high energy level), must identify opportunity and access resources. Not about understanding how things work, or how they ought to be but about seeing what others do not. New prospective are what can produce profits. Most ideas don"t come from searching for them but from events that occur relating to work or everyday life. Work experience is most common source of ideas.