About the Course
Schedule
Group Exercise
Entrepreneurship
Western Economic Thought
100
This is the course instructor's first and last name.
Who is Dr. Don Hackett
100
Including the Mini Exam, how many examinations will be taken during the semester?
What is 3. (Mini Exam, Mid-Term Exam, and Final)
100
This is the name of the ice breaker exercise.
What is the Shield Exercise.
100
An individual who invests their time, energy, and money into a new business venture.
What is an Entrepreneur.
100
This is the type of very early trade where no face to face interaction takes place between the groups.
What is Silent Trade.
200
________ is not for the faint of heart, the timid, those who hate ambiguity, and those who want everything to be in black and white.
What is Entrepreneurship.
200
The number of class periods we will have during the semester.
What is 15.
200
This was the facilitators job to share with the class after discussions with their group.
What is the most interesting finding from the interviews.
200
Often mistaken for an entrepreneur, this is a person who starts a business to make a small living on.
What is a Small Business Owner.
200
This Greek philosopher said that businessmen were "Exploiting the masses" if they made more than only the slightest profit from selling goods.
Who is Aristotle.
300
This is the name of the text book for the class.
What is "The E Myth Revisited" by Michael Gerber, the other readings during the class will be provided to you and will be expected to be returned to receive a final grade.
300
This is the date of the mid-term examination.
What is October 2nd.
300
This is the objective of the shield exercise.
What is to get to know selected classmates in an "ice breaker" exercise.
300
An entrepreneur will want to run a business that is innovative, value creating, and _______.
What is growth oriented.
300
Aristotle believed that a price of an item should be set by following this simple equation.
What is Materials + Labor = Price of the item.
400
Students will earn the 30 participation points for the class by being actively involved with the class, answering questions when need be, and ________.
What is doing a review of the previous class at the beginning of the period.
400
This is the date of the Final Examination.
What is December 4th.
400
Upon a person revealing their shield, others of the group were asked to do this.
What is interview them and ask them why they chose what they chose to find out more about them.
400
This is the four ways to Entrepreneurship.
What is 1. Family Business. 2. Open a franchised business. 3. Start a new business. 4. Buy an existing business.
400
Known for writing "The Communist Manifesto" this person studied and based many of his economic theories on Aristotle's work.
Who is Karl Marx
500
This is the essay question on final examination that we know will be on it.
What is "How do you grow a firm?"
500
This is the purpose behind having a mini examination.
What is to understand how the teacher's examinations will be formatted and to get a feel of how to study for the examinations when they are worth more points.
500
While going through the exercise we found out that we had a number of international students. How many were there?
What is 4.
500
Of the four ways to entrepreneurship, Dr. Hackett prefers this one the most because of the customer base that is already established.
What is to buy an existing business.
500
Rather than Aristotle's equation of price, in today's society we use a different equation to determine the price of an item.
What is Supply and Demand.
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