Sign In
Not register? Register Now!
Pages:
1 page/β‰ˆ275 words
Sources:
4 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:

TU Questions: Computer Services Inc: Characteristics of an Entrepreneur

Essay Instructions:

Please answer the following questions.

Select a small business of choice (called “reference organization” throughout the course). If you select your own business, make sure you do not use actual numbers from financials, etc., in order to protect the organization. In other words, do not share anything that is considered proprietary information. Given that, tell us why you chose this business as your reference organization.

List 2-3 of the most important characteristics of an entrepreneur. Which of the characteristics do you think is most important? Please explain by citing your sources

Name 2-3 challenges for the small business manager and human resource management. What can the small business manager do to overcome these challenges and incentivize employees?  Make sure you cite your sources.

Discuss recruitment and motivational challenges associated with employees in your reference organization. Consider what you learned about small business and human resource management when writing your response. Provide examples, cite your source(s),

Discuss recruitment and motivational challenges associated with employees in your reference organization. Consider what you learned about small business and human resource management when writing your response. Provide examples, cite your source(s

Discuss in 3-4 sentences how important is for managers to be sensitive to local conditions when launching a new product? Provide a real example of products that were introduced but were not very successful due to the lack of this sensitivity to local conditions. Please cite your source(s),

 Discuss some basic marketing strategies used by your reference organization to promote their product/service. Which strategy/tool do you think is the most effective? Would you use these strategies in your business plan? Explain your answer.

List 2-3 financing challenges that small businesses face. Please cite your source(s

Discuss briefly their latest financial results in terms of profits, revenues or any other profitability measure. What is the underlying trend that you observe regarding the profitability? Explain your answer. Please cite your source(s

Essay Sample Content Preview:

TU questions: Computer Services Inc
Name
Course
Instructor
Date

Important characteristics of an entrepreneur
The three crucial characteristics of a successful entrepreneur are passion, resourcefulness and perseverance. In the case of Computer Services Inc, perseverance and resourcefulness has been important when there were changes in the technology industry. Perseverance and determination is one of the most important traits for successful entrepreneurs (Machado & Melo, 2014). One may face various challenges and uncertainties, and even in cases where they face failure they should not give up. Nonetheless passion and resourcefulness are equally important to take advantage of the opportunities available.
Name 2-3 challenges for the small business manager and human resource management. What can the small business manager do to overcome these challenges and incentivize employees?  Make sure you cite your sources.
Hiring the right people
Dealing with performance issues
Creating clear job roles
Human resource managers in small businesses ought to interview and hire people, where the owners have little input in influencing the selection and recruitment. The implication of hiring people not well suited is costly to the business. Managers and the human resource personnel may fail to document performance concerns, especially when there are no reviews and there is a need to address the issues as they arise (Machado & Melo, 2014). While hiring, the job roles and definitions should be made clear, as this makes it easier to attract people well suited to work in the business
3] Discuss recruitment and motivational challenges associated with employees in your reference organization. Consider what you learned about small business and human resource management when writing your response.
There is a challenge in recruiting and retaining the best employees who are likely to look for opportunities in other tech companies. The recruitment and motivation of employees is also tied to the reward programs, which are competitive (Machado & Melo, 2014). For instance, when the compensation of the potential employees is lower compared to similar small businesses, the company attracts a smaller pool of potential employees and higher turnover. Building a vibrant culture that recognizes and rewards talent is crucial to the success of recruitment and motivation of employees.
4] Discuss in 3-4 sentences how important is for managers to be sensitive to local conditions when launching a new product? Provide a real example of products that were introduced but were not very successful due to the lack of this sensitivity to local conditions. Please cite your source(s),
Being sensitive to the local conditions is crucial to success since the customers in the primary market have specific wants and needs. Lifestyle information is one s...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

πŸ‘€ Other Visitors are Viewing These APA Essay Samples:

HIRE A WRITER FROM $11.95 / PAGE
ORDER WITH 15% DISCOUNT!