Presentation on theme: "Business Management Chapter 1.2 Glencoe Business Management"— Presentation transcript:
1 Business Management Chapter 1.2 Glencoe Business Management EntrepreneurshipBusiness Management Chapter 1.2Glencoe Business Management
2 Name the Company Michael Dell Sam Walton Steve Jobs Tom Anderson Philip KnightWally AmosHenry FordRose BlumkinMark CubanRussell SimmonsDave ThomasBill GatesRay KrocWalt Disney
3 EntrepreneurshipEntrepreneur – One who organizes, manages, and assumes the risks of starting a businessReasons for increase in small businesses:Government EncouragementEasy to StartLower CapitalControl Your Own Fate
4 FranchisesFranchise – legal agreement between a parent company and distributor to sell a productFranchiser – parent companyFranchisee – distributor of the product or serviceExamples – Budget Rent-a-Car, Denny’s, Goodyear, Howard Johnson, Orange Julius, Pizza Hut, Sbarro, Inc., TCBY, Wendy’s
6 IntrapreneurshipAn entrepreneurial entity working within an established businessEmployee given funds and freedom to create a special unit or department for developmentUsually found in companies that place a high value on innovation, such as IBM, 3M, Apple, etc.
7 AssignmentChoose an entrepreneur, research his/her history, and enter the information into the PowerPoint template provided