“Entrepreneurs and Small Business” Please respond to the following:
· Reflect on the contributions to society of small businesses and consider two (2) benefits and drawbacks of small business ownership. Next, address the question, “Should employees be encouraged to follow the path of entrepreneurship?” Justify your response.
· Consider small business’s social responsibility to employees, customers, investors, the community, and the environment. As a small business owner, discuss what you would do to meet the ethical and social responsibility goals in your company. Provide specific examples to support your response.
“Innovation and Strategic Management” Please respond to the following:
· Discuss the importance of innovation in the survival and success of a business. Next, suggest three (3) strategies that you, as an entrepreneur, can use to encourage creativity and innovation in your small business. Provide support for your response.
· Analyze a current or former company for which you have worked, and without revealing the name of the organization, identify one (1) step in the strategic planning process that could use more attention in this business. Explain your rationale.