Purchase Solution

Characteristics of an Attractive Industry

Not what you're looking for?

Ask Custom Question

What are the characteristics of an attractive industry from an entrepreneur's point of view? What role does innovation play?

Please provide a short discussion (a paragraph or two). Examples are helpful.

Purchase this Solution

Solution Summary

The characteristics of an attractive industry is examined.

Solution Preview

Hi there,

Here is my take on the what characterizes an attractive industry from an entrepreneur's point of view:

According to dictionary.com, the formal definition of an entrepreneur is a person who organizes and manages any enterprise, esp. a business, usually with considerable initiative and risk. This is a rather simplistic definition of an entrepreneur. When I think of what it takes to be one, I think of someone that is willing to try something new, something untested in society, someone that goes beyond what is currently available in the marketplace at any given moment in time. When considering ...

Purchase this Solution


Free BrainMass Quizzes
Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.