) 1. For me, the most remarkable part of chapter 13 was the lack of strategic planning. An entrepreneur wants nothing more than for their business or company to be successful and in order for anything to succeed one must plan appropriately or have the necessary skills to keep a business afloat and productive. On page 421, the five reasons include: time scarcity, lack of knowledge, and lack of expertise/skills, lack of trust and openness, and perception of high cost. Lack of knowledge and lack of skill are unacceptable if one is willing to put everything one has into a company or an idea. By being unprepared in this way, the company is most likely going to fail.
2. I am still a little confused about the Bureaucratization versus Decentralization section; I think examples would be helpful in fully explaining exactly what they mean.
3. Where did you attend school, and with what degree? What inspired you to write to teach students about Entrepreneurship?
4. I think the author made very valid points throughout the chapter, they gave step by steps where the information was a little more complicated, and they showed charts as well. I don’t disagree with the information the author has laid out in chapter 13.
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