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- Business fundamentals
- Growth strategies for start-ups
- Learning objectives and overview
Business Fundamentals was developed by the Global Text Project,
which is working to create open-content electronictextbooks that are freely available on the website
http://globaltext.terry.uga.edu. Distribution is also possible viapaper, CD, DVD, and via this collaboration, through Connexions.
The goal is to make textbooks available to the manywho cannot afford them. For more information on getting
involved with the Global Text Project or Connexions email us atdrexel@uga.edu and dcwill@cnx.org.
Translated and reprinted with permission from Dowling/Drumm Gründungsmanagement (Entrepreneurship)
Springer Verlag, 2003.
Editors: Michael Dowling, Hans Juergen Drumm (University of Regensberg)
Reviewer: Timothy B Folta (Purdue University)
Learning objectives
- define what constitutes a growth firm
- describe the problems of growth and growth strategies
- describe growth mistakes and solutions
Overview
In this chapter we investigate possible strategies for the growth of start-up firms. First, we describe growth as a phenomenon and basic problem for such firms. In particular we analyze the problem from the viewpoint of new start-ups which plan from the outset to grow larger quickly. We then examine different growth strategies which firms can pursue. In the second part of the chapter we present the most well-known mistakes made by start-ups during the growth phase, and suggest ways to correct or—even better—avoid them. To conclude, we provide recommendations for how entrepreneurs can profit best from growth. In this chapter we refer most often to firms with “products” but the strategies and pitfalls reviewed here also apply to service companies.
Questions & Answers
number of sport play by 50 student construct discrete data
width of the frangebany leaves on how to write a introduction
Solve the mean of variance
Step 1: Find the mean. To find the mean, add up all the scores, then divide them by the number of scores. ...
Step 2: Find each score's deviation from the mean. ...
Step 3: Square each deviation from the mean. ...
Step 4: Find the sum of squares. ...
Step 5: Divide the sum of squares by n – 1 or N.
kenneth
Is mistake done to something
Vutshila
What is the life teble
anas
statistics is the analyzing of data
how do you calculate mean
diveving the sum if all values
Shaynaynay
let A1,A2 and A3 events be independent,show that (A1)^c, (A2)^c and (A3)^c are independent?
data collected all over the world
Shaynaynay
construct a less than and more than table
The sample of 16 students is taken. The average age in the sample was 22 years with astandard deviation of 6 years. Construct a 95% confidence interval for the age of the population.
Bhartdarshan' is an internet-based travel agency wherein customer can see videos of the cities they plant to visit. The number of hits daily is a normally distributed random variable with a mean of 10,000 and a standard deviation of 2,400
a. what is the probability of getting more than 12,000 hits?
b. what is the probability of getting fewer than 9,000 hits?
Bhartdarshan'is an internet-based travel agency wherein customer can see videos of the cities they plan to visit. The number of hits daily is a normally distributed random variable with a mean of 10,000 and a standard deviation of 2,400.
a. What is the probability of getting more than 12,000 hits
Akshay
Sorry i want to learn more about this question
Bright
a= 0.20233
b=0.3384
Sufiyan
How do I interpret level of significance?
It depends on your business problem or in Machine Learning you could use ROC- AUC cruve to decide the threshold value
Shivam
how skewness and kurtosis are used in statistics
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Source:
OpenStax, Business fundamentals. OpenStax CNX. Oct 08, 2010 Download for free at http://cnx.org/content/col11227/1.4
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