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Assignment 2: Entrepreneurship, SWOT Analysis, and Forms of Business Ownership General Questions: Respond to the following questions thoroughly, in 150-300 words for each question. Use
Assignment 2: Entrepreneurship, SWOT Analysis, and Forms of Business Ownership
General Questions:
Respond to the following questions thoroughly, in 150-300 words for each question. Use your textbook as your first and major reference.
- What is entrepreneurship? Is entrepreneurship something that can be learned or is it a skill that is innate? What are some of the characteristics of an entrepreneur? What is the entrepreneurial process?
- What is a SWOT analysis? How can a SWOT analysis be used by a small business owner or a person considering the start of a small business?
- You are considering the organization of a small business. What are the pros and cons of each of the three major forms of business ownership, as they apply to a small business?
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