Question 1

Identify the three characteristics of a growing entrepreneurial firm. Explain how each is encouraged more in an environment friendly to entrepreneurs than in an environment opposing entrepreneurship.

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Question 2

Identify and explain the dilemma behind transaction costs and international entrepreneurial opportunities.

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Question 3

Explain the institution-based views and resource-based views in light of their effect on entrepreneurial success.

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Question 4

Discuss direct exporting, licensing, and franchising as strategies for entering a foreign market. Explain each, and detail strengths and weaknesses.

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Question 5

Define microfinance, then explain how it works towards alleviating poverty.

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Quiz 9: Growing and Internationalizing the Entrepreneurial Firm

Identify the three characteristics of a growing entrepreneurial firm. Explain how each is encouraged more in an environment friendly to entrepreneurs than in an environment opposing entrepreneurship.

Identify and explain the dilemma behind transaction costs and international entrepreneurial opportunities.

Explain the institution-based views and resource-based views in light of their effect on entrepreneurial success.

Discuss direct exporting, licensing, and franchising as strategies for entering a foreign market. Explain each, and detail strengths and weaknesses.

Define microfinance, then explain how it works towards alleviating poverty.