Questions and Answers of Entrepreneurship Starting Operating

Suggest essential principles and practices for an entrepreneur to become a good Corporate Citizen.
What are the socially friendly entrepreneurship practices in contrast to socially hostile practices?
Examine the major views for and against the corporate social responsibility and ethics quoting major thought leaders.
“Commitment to social responsibility and ethics incur costs and yield benefits to entrepreneurs.” Discuss whether the benefits can trade off the costs.
“Entrepreneurial goals and social goals are conflicting.” Comment.
“Society is a watchdog of business activities and thus the entrepreneurs must constantly adopt social friendly operations.” Critically evaluate this statement.
Define Corporate Citizen and identify the responsibilities of a Corporate Citizen. Explain why an entrepreneur is expected to become a good Corporate Citizen.
“Corporate ethics are a set of different principles compared to CSR and they are more related to attitudes than obligations.” Critically evaluate.
“Corporate Social Responsibility (CSR) is constructed at different levels.” Identify the levels of CSR and describe the responsibilities pertaining to each level.
Discuss how corporate social responsibility and ethics have been proliferated by the major thoughts.
Describe the nature, principles, and practice of entrepreneur responsibility and ethics.
Discuss whether entrepreneur social responsibility and ethics are complementary to public laws or a public duty of organizations.
Explain what is meant by “entrepreneur social responsibility and ethics.”
Explain how the colonial policy regimes converted non-entrepreneurial nations into entrepreneurial nations during the colonial administration. Give examples from the experience of Africa, Asia, and
“Sri Lanka’s political economy of entrepreneurship sharply contrasts between two periods: 1948–1978 and post 1978 period.” Contrast the public policies of the two political economic regimes.
“South Asia is a latecomer in liberalization of entrepreneurship and now gaining momentum of entrepreneurship power in the region.” Comment.
“China’s stepwise economic liberalization led to massive entrepreneurship development since mid-1970s.” Explain the political economy of entrepreneurship of China.
“The East Asian nations adopted private entrepreneurship friendly policies as early as 1960s and became high entrepreneurial and high-income countries after two decades.” Express your views on
Describe the entrepreneurial experience of Sri Lanka as a case of political economy of entrepreneurship comparing with another country of your choice.
“Annual Budgets, Parliamentary Acts, and Ordinances are impor-tant sources of public policy on entrepreneurship.” Explain how they are useful for researchers.
Assess the impact of nationalization and privatization policies of governments on the private sector entrepreneurial spirit providing specific examples.
Differentiate between the state entrepreneurship and the private entrepreneurship highlighting the differences of their objectives and practices.
Evaluate political economy of entrepreneurship as a new field as it suggests vast potential for the prospective researchers to investigate the role of the state.
“Political economic ideology of the state determines entrepreneur-ship environment of nations.” Discuss referring to diverse political ideologies.
“Governments assume an important role in entrepreneurship via regulating and creating state enterprises.” Explain why govern-ments intervene in entrepreneurship.
Discuss the relationship among the government, public policy, and entrepreneurship opportunities.
Define political economy of entrepreneurship.
“SelectionofacountryforentrepreneurialoperationsisguidedbytheRisk-ReturnMatrix.”DiscusshowtheRisk-ReturnMatrixguidesentrepreneursinmakingEntry,Exist,orExit(3Es)deci-sions.
Assesstheimpactofinternationaleconomicsystemsasaninfluen-tialfactorofdetermininginternationalentrepreneurship.
“ThePoliticalFreedomMatrixmeasuresthepoliticalimpactoninternationalentrepreneurship.”Explain.
DescribethescopeofinternationalentrepreneurshipopportunitiesthatcanbeappropriatedtotheCultureMatrix.
“Thedegreeofinternationalizationofentrepreneurshipismeasuredusingfivecriteria.”Workoutanexample.
Examinethemajoradministrativemodelsofinternationalbusinessanddescribetheiroperationalpractices.
“MultinationalCorporationsareasignificantindicatorofinterna-tionalentrepreneurship.”Numericallyelaboratethedimensionsofthemultinationalfirm.
Whatdotheinternationalentrepreneurscommonlyseektoaccessinforeigndestinationswhenmakinginternationalizationdecision?
“FranchisingandLicensingareamajorfieldofinternationalentrepreneurshipatpresent.”Examinethisstatementwithrelevantdata.
Describethefactorsthathavepromotedthegrowthofinterna-tionalentrepreneurshipintherecentpast.
AnalyzetherecentdataoftheWorldInvestmentReportandhigh-lightthenatureandmagnitudesofinternationalentrepreneurship.
“Ownership,Locational,andInternalization(OLI)factorswerecombinedbyJohnDunningtoconstructtheEclecticparadigm;aformulathatexplaininternationalentrepreneurship.”Discuss.
Discusshowownershipadvantagesandlocationaladvantagescollectivelydetermineopportunitiesforinternationalentrepreneur-ship.
“International‘internalization’causesinternationalentrepreneur-ship.”ExplainreferringtothepropositionofRonaldCoase.
Define and trace the boundaries of international entrepreneurship.
Describe the entrepreneurship culture in Europe taking into consideration the political differences, formality, punctuality, seri-ousness, language, and geographic diversity.
“Small talk, humor, openness, friendliness, professionalism, punc-tuality, and speed of decision-making are major characteristics of the US business culture.” Comment.
Discuss the would be experiences in regard to punctu-ality, conducting meetings, negotiations, socialization, and trust building with the business counterparts of Arab.
Identify the unique features of the Middle Eastern business culture.
Comment on the bureaucracy and bureaucratic practices of India and the feasibility in concluding business deals with Indian govern-ment officials.
Discuss how foreign business counterparts should handle appoint-ments, business meetings, punctuality, business deliberations, decision-making, and communication in the Indian business culture.
Explain how the ethnic, religious, language, and geographic diver-sity of India matter to the foreigners dealing with Indian business counterparts.
“Business meetings, decision-making, handling of business cards and gifts, socialization, and building trust are highly standard-ized in the Japanese entrepreneurial culture.” Elaborate giving
“Mannerism, values, attitudes, and customs are unique in Japan and thus the foreign business counterparts are required to take extra awareness of them.” Describe giving examples and instances.
Explain the differences, compared to private businesses, that foreign business counterparts should be familiar with when dealing with the Chinese government officials.
“Familiarity with foods, drinks, attire, gifts, taboos, colors, choice of numbers, and meeting protocols is crucial for foreign entrepreneurs when dealing with Chinese counterparts.” Elabo-rate.
What are the unique characteristics of the Chinese business culture with regard to decision-making and trust building between busi-ness counterparts?
Explain why the knowledge of comparative entrepreneurship culture is important for entrepreneurs.
“Comparative entrepreneurship advocates understanding of socio-cultural differences and their impacts on the cross-border busi-ness.” Critically evaluate this statement.
Evaluate the effects of entrepreneurship development programs in contrast to the notion “entrepreneurs are born not made.”
“Entrepreneurship development programs are not only helpful for prospective entrepreneurs but also for the existing entrepreneurs.” Elaborate the scope and role of ED programs.
Compare the National Entrepreneurship Development Agency of Sri Lanka with a similar organization of another country and assess their effectiveness.
Examine whether there is a connection between social entrepreneurship development projects and entrepreneurship development programs.
“Non-Government Organizations (NGOs) are keen in facilitating entrepreneurship development programs.” Identify the reasons for the NGOs to do so.
“Entrepreneurship development programs sometimes take the nature of social welfare programs.” Comment.
Compare the nature and role of the entrepreneurship development organizations between South Asia and East Asia highlighting the major differences.
“There are entrepreneurship development support organizations in every country.” Explain the role of the entrepreneurship develop-ment support organizations.
Discuss whether entrepreneurship development programs are more useful for the economically backward countries?
Elaborate on the general format of entrepreneur development programs describing their components also.
Describe the following points in connection to entrepreneurship development programs;a.Target groups b.Aims and objectives c.The focus d.Approaches.
“Entrepreneurship development programs contemplate to create entrepreneurs.” Discuss how successful are the EDPs in creating entrepreneurs.
“Entrepreneurship Development is a need of all nations.” Discuss the different needs for entrepreneurship development in different countries.
Define entrepreneurship development programs (EDP) and ascer-tain their scope.
“Hybrid entrepreneurship is equally useful for developing and developed countries.” Explain why.
Define hybrid entrepreneurship and explain why people tend to start hybrid entrepreneurship.
List out both advantages and disadvantages and identify limitations of family entrepreneurship.
Discuss whether the Three Circle Model is an appropriate tool to distinguish family entrepreneurship from conventional entrepreneurship.
What is family business and family entrepreneurship? Explain how family business can be interpreted as a neo-business model.
Examine the inherent issues of the women entrepreneurship in the developing countries and recommend solutions to them.
“Women entrepreneurship is supported by many organizations.” What are those organizations and their supports?
Explain why women entrepreneurship is important giving reasons for and describing motives of women entrepreneurship.
Differentiate between social enterprise and social business. Provide suitable examples to prove the differences.
Illustrate the purposes and types of social entrepreneurship and explain what social entrepreneurs do to the society.
Describe the intrapreneurship models such as Enabler, Producer, Opportunist, and Advocate highlighting their special features.
What is corporate entrepreneurship, which is also referred to as intrapreneurship, and the difference between entrepreneur and intrapreneur?
What are the types of entrepreneurships that are considered as neo-entrepreneurship models? Explain why.
Compare conventional entrepreneurship models with neo-entrepreneurship models.
Compare and contrast the privileges of franchisor and franchisee, and licensor and licensee.
“Franchising and Licensing opportunities are available both locally and internationally.” Differentiate between the two types.
Explain the factors that need to be considered when entering into a Franchising and Licensing agreement.
Discuss the advantages and disadvantages of Franchising and Licensing.
What are the major types of Franchising and Licensing and the considerations of such agreements?
Define Franchising and Licensing and examine whether they are lucrative methods of entrepreneurship.
Explain the possibilities of horizontal and vertical business integra-tion via Acquisition and Merger.
Describe the major methods of business acquisition and merger and identify their advantages and disadvantages.
Provide a comprehensive account of the methods of business valuation.
a. What is Due Diligence evaluation?b. What are the criteria for Due Diligence evaluation?c. What are the components of a Due Diligence report?
Prepare a business evaluation format for the use of an entrepreneur who prepares to conclude an Acquisition or Merger.
“Acquisition and Merger decision is backed by personal prefer-ences and prevalence of Acquisition and Merger opportunities.” Critically examine.
Discuss the purposes and objectives of entrepreneurs to engage in Acquisition and Merger.
Define Acquisition and Merger and examine whether they are lucrative methods of entrepreneurship.
Identify the connection between customer needs and the types of the services, and explore opportunities for service production.
“Service types are connected to types of personal qualities.” Discuss this statement connecting service providers and their services.

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