- -already have a good understanding of the problem-seeking additional information-wanna make more informed decision
- an entrepreneur who brings a new firm into existence"pure"
- a personality that focuses on the business as a sole and providing results for the customers
- very small loans often provide to entrepreneurs in developing countries
- -making a difference-sense of belonging and working together
- doing more with less in terms of resources invested in a business, and, where possible, controlling the resources without owning them
- *take idea and turn it into opportunity*how the business does what it is intended to do*able to see big picture
- a person who becomes an entrepreneur to escape an undesirable job situation*because of bureaucratic hassles
- a person who becomes an entrepreneur as a result of some severe hardship
- an economically attractive and timely opportunity that creates value for interested buyers or end users
- a person who relentlessly pursues an opportunity, in either a new or an existing business, to create value while assuming both the risk and the reward for his or her efforts
- a small firm that provides substantial profits to its owner
- unstructured data collation methods that provide results that are subjectively interpreted
- -site selection research = determine the best location to open a resto
- interpret research to give meaning-derive info from result
- provide ample information for managers to make decisions
- -all variables are held constant except the one under study-in tightly controlled environments (e.g. laboratories)
- *research designtrying to understand the specific variables or relationships among variables
- group that a researcher wants to study*everyone that will be affected by our research objective
- determine if one variable causes another*involve experimentation