1 in your own words explain are entrepreneurs born or made

Please answer each Question in a minimum of one paragraph.

1.In your own words explain, are entrepreneurs born or made?

References

Daley, J. (2013, Septemeber 19). Are Entrepreneurs Born or Made. Retrieved from Entrepreneur: http://www.entrepreneur.com/article/228273

Martins, A. T. (2014). 55 School Drop Out Billionaires & Successful Entrepreneurs. Retrieved from My Top Business Ideas: http://www.mytopbusinessideas.com/school-drop-out-…

2.In your own words, what is a venture capitalist?

Reference

McCubbrey, D. J. (2009). Business Fundamentals. Global Text.

3.In your own words, explain three of the nine building blocks for managers to use in developing an innovative and effective business model. (p.56)

Reference

Osterwalder, A. (2005, November 5). What is a Business Model? Retrieved from Business Model Alchemist: http://businessmodelalchemist.com/2005/11/what-is-…

4.What is a competitive advantage? How does marketing contribute to the creation of a competitive advantage?

Reference

McCubbrey, D. J. (2009). Business Fundamentals. Global Text.

5.What is market segmentation? List the steps in the market segmentation process.

References

MSG Experts. (2013). Steps in Market Segmentation. Retrieved from Management Study Guide: http://www.managementstudyguide.com/market-segment…

Suttle, R. (2014). Define Market Segmentation & Targeting. Retrieved from Chron: http://smallbusiness.chron.com/define-market-segme…

6.Discuss several reasons why marketers continue to have a difficult time understanding, predicting, and explaining consumer behavior.

Reference

McAlister, D. (2012, April 29). Predicting Consumer Behavior: What Marketers Need to Know. Retrieved from Marketing Where Technology Intersects Life: http://debmcalister.com/2012/04/29/predicting-cons…

7.In your own words, what are the characteristics of the four types of business legal entities?

Reference

McCubbrey, D. J. (2009). Business Fundamentals. Global Text.

8.How does the cultural environment affect international marketing activities?

Reference

McCubbrey, D. J. (2009). Business Fundamentals. Global Text.

9.Describe the advantages and disadvantages of a flat versus tall organizational structure.

Reference

McCubbrey, D. J. (2009). Business Fundamentals. Global Text.

10.Explain the concept of employees as stakeholders in your own words.

Reference

McCubbrey, D. J. (2009). Business Fundamentals. Global Text.