Week 14 Reading Reflection

Ch 3&4

1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 

Chapter 3 discussed the Entrepreneurial Mind-Set in Organizations, also known as Corporate Entrepreneurship. Corporate Entrepreneurship is the process of profitably creating innovation within an organizational setting. Companies follow five characteristics when creating an in-house entrepreneurship. They include explicit goals, a system of feedback and positive reinforcement, an emphasis on individual responsibility, rewards based on results, and do not punish failures. Specific strategies entail vision and innovation. Chapter 4 is about Social Entrepreneurship and the Global Environment for Entrepreneurship. Social enterprise makes up obligations it has to society. Social entrepreneurs bring about change. They create change with pattern breaking ideas and find the root causes to problems. More and more, entrepreneurs are partaking in business globally. The NAFTA, the EU, and the WTO are economic forces that creating opportunities for entrepreneurs. To enter the international marketplace, an entrepreneur must conduct research, prepare a feasibility study, secure adequate financing, file the proper documents, and draw up and implement the plan. 

2) Identify at least one part of the reading that was confusing to you.

I did not think any part of these chapters was confusing. The author writes these chapter in a way that is easy for the reading to understand and grasp the concepts. 

3) If you were able to ask two questions to the author, what would you ask? Why?

Two questions I would ask the author are what made you choose all the topics you chose when writing this book and what was the organizational strategy behind it.

4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
I don't disagree with anything the author said in these chapters nor do I think there was anything he was wrong about.