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Essay / Research Paper Abstract
This 5-page paper explores Henry Ford, the definition of entrepreneurism, and why Ford could be considered an enterpreneur. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: D0_MThenfor.rtf
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Unformatted sample text from the term paper:
has chosen Henry Ford as the entrepreneur to highlight. Well provide answers to the following questions for the student and in this
way, he/she can craft a paper based on the information in these answers. The meaning of entrepreneurship? When a person looks up
the term "entrepreneur," there are many definitions. These include "a person who organizes, operates and assumes the risk for a business venture" (Answers.com, 2005). This was something that Ford definitely
did in his time. Another definition describes entrepreneur as "one that creates, founds or originates" (Answers.com, 2005). This also describes Ford. Another definition is "one who starts a business or
other venture that promises economic gain, but that also entails risks" (Answers.com, 2005). All of these are correct definitions, so the one
we can use here is that an entrepreneur is one who founds a company, despite the risks in doing so. A successful entrepreneur is one who brings such a company
to fruition, both in terms of profit and name. If this is the case, then Ford was a successful entrepreneur. Entrepreneurs tend
to be innovators -- and they build things and ideas that are substantial and different (Thompson, 2004). Ford wasnt an entrepreneur in terms of building a car itself -- as
well see, a lot of companies built cars at the time Ford launched his business. But within a decade, Ford was building cars that were affordable, mass produced and better
maintained than the competitions. This is what made him an entrepreneur. Entrepreneurs are also driven by their inner voices, rather than outside
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