Customise an essay, critically analysing and providing answer to the question “Profit maximization or Satisficing?

Words: 160
Pages: 1
Subject: Uncategorized

Customise an essay, critically analysing and providing answer to the question “Profit maximization or Satisficing? To set meaningful goals, entrepreneurs must reconcile what they want with what they are willing to risk. Discuss critically (why and why not) and support your answer with relevant theory and, at least, two examples of entrepreneurs that fit into the description” GUIDES 1.This request requires a first-rate analysis 2. In answering the question, please remember to: * define profit maximization and what profit satisficing mean (briefly) * state the benefits and drawbacks of each of the concepts (briefly) * critically discuss (why and why not) profit maximization or satisficing in the context of entrepreneurs reconciling what they want with what they are willing to risk (briefly) * support your analysis with relevant profit maximization and value maximization theory and remember to include the limitation of any theory discussed (briefly) * give, at least, two examples of entrepreneurs that fit into the description of the concepts discussed (briefly) 3. Use, at least, 11 references from relevant textbooks, peer reviewed journal articles and online materials to enrich your analysis (References from Investopedia, Wikipedia and encyclopedia not allowed). Where feasible, please include ANY or ALL of these in the references: Mitra, J. (2020) Entrepreneurship, Innovation and Regional

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