Entrepreneurship, among others, as a phenomenon, whose main required capital is creativity, bravery, and using opportunities, is the most important potential source of economic growth, increasing productivity and producing wealth. Entrepreneurship is based on opportunities rather than employing resources (Stevenson and Gumpert, 32:1991).
Students are supposed to read the attached Case -Penn Brewery. Based on your understanding of the case and basic concepts of Entrepreneurship.
Answer the following question:
- Explain why should Tom Pastorius buy Penn Brewery? (3 marks)
- “I’m not a good employee.” It’s a statement given by Tom Pastorius , What does he mean? Do you think the same is true of most entrepreneurs? (4 marks)
- Discuss the challenges does selling the businesses they create poses for entrepreneurs.? (4 marks)
- What steps should he take before closing the deal? If Pastorius decides to buy the brewery? (4 marks)
The Answer must follow the outline points below:
- Each answer should be within the range of 300 to 350-word counts.
- Reference
