Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Overconsumption Disc...
High-fat foods are very tasty and most people find it difficult to resist. Humans, like most mammals, prefer to consume high-fat food more than low fat-food. Out taste-buds sense the sweet, sour, salt...

Overconsumption Discussion(Week 4)
Overconsumption Discussion(Week 4)

High-fat foods are very tasty and most people find

Assignment 1_1665729...
Stare Decisis is Latin and means "to stand by things decided." When it comes to Law a Stare Decisis is a doctrine of precedent. This means that courts refer to the doctrine whenever an issue is brough...

Assignment 1
Assignment 1

Stare Decisis is Latin and means "to stand by thin

Week 1 Quiz 1_167869...
1.Making things 2.Your community

Week 1 Quiz 1
Week 1 Quiz 1

1.Making things 2.Your community

Entrepreneurial Firm

Entrepreneurial Firm

Q Karen Jenkins has a good job working for the city of Rapid City, South Dakota, but is weary of 2 percent (or less) per year pay raises. Because she has read magazine articles about young entrepreneurs becoming extremely wealthy, she decides to start her own firm. Do you think Karen is starting a firm for the right reason? Do you think the money she likely will earn will disappoint her? Do you think Karen’s reason for starting a firm will contribute in a positive manner or a negative manner to the tenacity that is required to successfully launch and run an entrepreneurial firm?

View Related Questions

Solution Preview

View Complete Solution
No, I do not think Karen is starting a firm for the right reason. From the provided textbook, it has been observed that in order to become a successful entrepreneur, money earning is nothing but secondary. The major thing should be the passion for starting a business and Karen lack that passion. Therefore, she will not make a potential entrepreneur.