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Overview, Learning Objectives, Class Preparation

CHAPTER 1 - Entrepreneurship Today

OVERVIEW

The role of entrepreneurship in today’s economy is portrayed in this opening chapter. Because of a number of societal and economic factors, big business has become a less important force than in years past. The emergence of entrepreneurship has changed the way in which business is conducted worldwide and promises to continue to do so.

LEARNING OBJECTIVES

• Entrepreneurship emerged as a leading economic force during the 1980s and the 1990s.
• The nature of the United States economy is undergoing important changes as we start the 21st century.
• Countries worldwide have discovered entrepreneurship as a promising source of economic vitality.
• Small business has what it takes to compete successfully with much larger organizations.

Format for Discussion Questions: Typed, (Question in bold) followed by your answer. May be submitted in class paper copy, email, or Blackboard.

READ CHAPTER 1 and answer Discussion Questions 1,2,5,6

Be prepared to discuss your answers in class.

Power Point Slides