Assignment No.

1
REVIEW AND DISCUSSION QUESTIONS
1 What is the potential role for entrepreneurs in the era of climate change?
2 What is the difference between social entrepreneurs and business entrepreneurs?
3 What is the difference between entrepreneurs and small-business managers?
4 Briefly describe what is meant by the term ‘entrepreneurship’.
5 Why do we use the French word instead of an English equivalent?
6 Is there a distinction between ‘enterprising’ and ‘entrepreneurial’ in your language? If so, what is it?
7 How were entrepreneurs historically viewed? What challenges did they face throughout history?
8 What personal gain do you expect out of your entrepreneurship education?

Assignment No. 2
REVIEW AND DISCUSSION QUESTIONS
1 How do the following traits relate to entrepreneurs: desire to achieve, opportunity orientation, initiative and responsibility?
2 Explain why entrepreneurs are not gamblers.
3 How is opportunity orientation defined?
4 Is it true that most successful entrepreneurs have failed at some point in their business careers? Explain.
5 In what way is vision important to an entrepreneur? Self-confidence? Independence?
6 Entrepreneurship has a dark side. What is meant by this statement?
7 What are the four specific areas of risk that entrepreneurs face? Describe each.
8 What are four causes of stress among entrepreneurs? How can an entrepreneur deal with each of them?
9 Describe the factors associated with the entrepreneurial ego.
10 What characteristics of entrepreneurs has research identified that specifically support the development of a venture at the
nascent, survival and growth stages?
11 Identify and describe the major life-cycle transitions for a lifelong entrepreneurial career.
Assignment No. 3
REVIEW AND DISCUSSION QUESTIONS
1 What is a necessity entrepreneur and how is this connected to population growth?
2 What are opportunities you can name for entrepreneurs in terms of changing world populations?
3 Are entrepreneurs responsible for global warming?
4 Can you describe an environmental market failure in your area?
5 Name pairs of entrepreneurial ventures that demonstrate the difference between industrial entrepreneurship and sustainable
entrepreneurship; for example, Hertz and Uber.
6 What part of your life belongs to the biosphere? To the sociosphere? To the econosphere?
7 Name three products that express positive entrepreneurship and three for negative entrepreneurship.
8 Give three good examples of up-cycled products.
9 Entrepreneurs are creating new frameworks of entrepreneurial ecology every day. Just think of Airbnb and Uber. Can you name
some other entrepreneurial ventures that are creating this kind of redefinition?
Assignment No. 4
REVIEW AND DISCUSSION QUESTIONS
1 Can you identify some social entrepreneurs in your community?
2 Name three dimensions that distinguish the mind-set of social entrepreneurs from business entrepreneurs.
3 Are sustainability entrepreneurs limited exclusively to environmental matters? Why not? Name three sustainable enterprises that
don’t treat the environment.
4 Does ethical wealth creation apply to making money out of climate change?
5 Why does doing business in certain Asian countries raise ethical considerations for the entrepreneur?
6 If you were an Australian or a New Zealander, would you pay bribes while doing business in China?
7 What are your opinions on the questions of greed and entrepreneurial crime?
8 What is social marginality theory?
9 Is it possible disadvantaged people can actually become more entrepreneurial than other people?
10 What are the barriers and restraints that disadvantaged entrepreneurs face?

Assignment No. 5
REVIEW AND DISCUSSION QUESTIONS
1 Not all entrepreneurs start just with an idea and little else. Name three other pathways into entrepreneurship and describe the
advantages of each.
2 What are some examples of bootstrapping that you could use in your business idea?
3 What has given rise to minipreneurs and what kinds of businesses are they engaged in?
4 How does the new-new approach to starting a new venture differ from bootstrapping? Provide examples for your answer.
5 How does a new-old approach differ from the new-new pathway to starting a new venture and what are the advantages of the
new-old approach?
6 How can an individual who is thinking of going into business evaluate the financial picture of the enterprise? Use the methodology
of Table 5.3 to prepare your answer.
7 Explain why just the financial history is not sufficient in making a purchase decision for an operational business. Explain at least
four other forms of investigation one should make.
8 What are the advantages of buying an ongoing business? Explain them.
9 What is meant by the term ‘franchise’?
10 Explain the merits and pitfalls of purchasing a franchise brand.
11 How can a prospective franchisee evaluate a franchise opportunity? Explain.
12 What are the distinguishing features of a social venture from a conventional business and what would motivate an entrepreneur
to take this pathway?
13 Is the social enterprise development cycle different from that of a regular business?
14 What are the three social enterprise models?\
Assignment No. 6
REVIEW AND DISCUSSION QUESTIONS
1 Why are ideas not necessarily an entrepreneurial opportunity? What is necessary to bridge the gap?
2 How are prior knowledge and learning important to the recognition of opportunities?
3 What are four major models of entrepreneurial opportunity? Explain and give an example of each.
4 What are four major components in the creative process?
5 What are the four steps involved in developing personal creativity?
6 Describe at least five key elements that contribute to a creative climate.
7 What is meant by the term innovation in simple terms and what important attributes does an innovation need in order to be an
entrepreneurial opportunity?
8 What are the four major types of innovation?
9 Briefly describe each of the five major misconceptions commonly associated with innovation.
10 Identify and describe five of the innovation principles.
11 What dilemma faces entrepreneurs in the era of climate change? What are some examples of this?
12 What is the philosophy of cradle-to-cradle design and what are some examples of companies using this approach in your
country?
Assignment No. 7
REVIEW AND DISCUSSION QUESTIONS
1 Why is an entrepreneurial family business different from other family businesses?
2 What is trans-generational entrepreneurship and what are the elements of ‘familiness’?
3 What are the four kinds of family capital?
4 Talk about the size and impact of family businesses on Asia–Pacific economies, and in particular within the economy you are most
familiar with.
5 Can you relate a story about a family business you know that explains the Three-Circles Model in some detail?
6 Think of a family company that you know. Which advantages and which disadvantages does that family business have?
7 What pressures do entrepreneurs sometimes face from inside the family? What pressures do entrepreneurs sometimes face from
outside the family?
8 What are three of the contextual aspects that must be considered in an effective succession plan?
9 What are four steps that should be taken in carrying out a succession plan?
10 What do we mean by ‘liquidity event’? How can one best maximize it?
11 What eight steps should be followed to harvest a business? Discuss each of these steps.
Assignment No. 8
REVIEW AND DISCUSSION QUESTIONS
1 What is intrapreneurship? What is the difference between a business intrapreneur and a social intrapreneur?
2 How do global levels of entrepreneurial employee activity (EEA) compare to total entrepreneurial activity (TEA)?
3 Do you believe that intrapreneurs are a different breed of entrepreneur?
4 How does an entrepreneur differ from an intrapreneur? Compare and contrast the two.
5 What are some of the obstacles that must be overcome to establish an intrapreneurial environment?
6 Why do we say that intrapreneurship is not for businesses only?
7 Identify the four key elements on which managers should concentrate to develop an intrapreneurial strategy.
8 Why are innovation teams emerging as part of a new strategy for many companies?
9 What is a social intrapreneur? Can you make a list of characteristics that differentiate this type of person from a regular business
entrepreneur?
11 Why do companies need sustainable intrapreneurs? Why do governments?
12 What is Porter’s concept of ‘creating shared value’? Give examples not in the book.
Assignment No. 9
REVIEW AND DISCUSSION QUESTIONS
1 Of the countries mentioned in the first section in this chapter, which, in your opinion, have the best chances of being successful in
the global marketplace? Which have little chance to succeed entrepreneurially? On which measures of the charts in Figure 12.1 are
you making your judgement?
2 What is a ‘born-global’ firm? Name three born-global companies that you know.
3 What are the main motivations for going global?
4 How can an entrepreneur become aware of import opportunities?
5 Of what value are an export management company and a freight forwarder to entrepreneurs who are seeking to export goods?
6 How does a joint venture work? What are the advantages of this arrangement? What are the disadvantages?
7 How can a company make a direct foreign investment?
8 Do you feel part of an ethnic network? If so, how would you maximize it for entrepreneurial advantage? What are the top ethnic
entrepreneurial networks in your community?
9 Name three global entrepreneurship research topics that you would like to undertake.
10 Are importing social entrepreneurs different from business-oriented importers? If so, give some examples.