The document discusses 4 cases of different businesses and the roles of the individuals involved, analyzing if they can be considered entrepreneurs, businesspeople, or risk-takers based on theories of Knight, Schumpeter, and Galbraith. It examines the founders of a tech company, owners of a candy business who inherited it, the CEO and owners of a creative agency, and two women who used their savings to start an olive oil business.
The document discusses 4 cases of different businesses and the roles of the individuals involved, analyzing if they can be considered entrepreneurs, businesspeople, or risk-takers based on theories of Knight, Schumpeter, and Galbraith. It examines the founders of a tech company, owners of a candy business who inherited it, the CEO and owners of a creative agency, and two women who used their savings to start an olive oil business.
The document discusses 4 cases of different businesses and the roles of the individuals involved, analyzing if they can be considered entrepreneurs, businesspeople, or risk-takers based on theories of Knight, Schumpeter, and Galbraith. It examines the founders of a tech company, owners of a candy business who inherited it, the CEO and owners of a creative agency, and two women who used their savings to start an olive oil business.
*According to Schumpeter's theory of economic development, could Guillermo Gaspart be considered an entrepreneur? Justify Yes, because he started this company with an innovative idea, which took advantage of an opportunity that had not been taken in the market. *According to Schumpeter's theory of economic development, could Christian Rodríguez be considered an entrepreneur? Yes, with his partner Guillermo Gaspart, he could turn an innovative idea into a very profitable business that gave him a temporal monopoly *According to Knight, could Guillermo Gaspart be classified as a risktaker? Why? No, because there is no information that states that he owns shares of the company *According to Galbraith, could Christian Rodríguez be classified as a technostructure/manager? Why? No, because he is the owner *Indicate what roles the founders play. Justify your answer In my point of view, the founders play 3 roles: Figurehead: They had a lot of interviews in many different countries and attended to important events representing the company Entrepreneur: In the beginnings of the company, they took the risk that setting up a business entail. During the success, they enjoyed a temporal monopoly for being innovative. Spokesperson role: He is the one who speaks to suppliers or members from different parts from the organization Negotiator role: They negotiate with investors the conditions of their participation in the capital of the company
[2ND CASE: DULCES SANTA EULALIA]
*According to the modern perspectives on management and ownership, can be Daniel Santoña classified as a businessperson? Why? No, he cannot be classified as a businessperson since he just received a part of the company as an inheritance from his parents. Also, he mentioned that he fully trusts the management of his sisters, so he won’t be involved in the business operations or decisions. According to Knight, could Begoña Santoña be classified as a risk-taker? Why? Yes, because she is making decisions in the company, which implies assuming risk of the consequences, and owns part of the company due to the inheritance she received. According to the modern perspectives on management and ownership, can be Matilde Santoña classified as a businessperson? Why? Yes, because as the previous case, she owns part of the company and make decisions in it, such as including the new line of products suitable for diabetics people Indicate what roles Begoña Santoña plays. Justify your answer. Figurehead: annual meeting with suppliers Leader role: meeting with managers (reorganization of work based on the entry of new orders) Liaison: She allows the connection between the business and suppliers, which serves as a valuable source of information to make future decisions. Indicate what Information Roles Matilde Santoña plays. Justify your answer. Her role is a monitor since she is always scanning her environment for information from her team in order to improve the service that the business offers. Also, she would be a disseminator
[ 3rd CASE: CREA]
According to the modern perspectives on management and ownership, can be Héctor Hernández classified as a businessperson? Why? Yes, because he is the CEO, which makes him perform the managerial role in the company. Furthermore, he also owns part of the capital of the company Classify Héctor Hernández according to different perspectives on management and ownership. Justify your answer. He is a shareholder since he owns part of the capital of the company and participates in decision-making
According to Knight, could Mª José Quiles be classified as a risk-taker? Why?
Yes, because he makes decisions in the company and must face the consequences of making them. Also, he owns part of the capital, which is in risk in case the company doesn’t work as expected According to the modern perspectives on management and ownership, can be Yolanda Quiles classified as a businessperson? Why? Yes, because together with José Quiles, they make decisions in the company and risk their capital at the same time
[ 4th CASE: OLIBER]
According to Knight, could Camila and Barbara be classified as risk-takers? Why? Yes, because both participate in the decision making of the company. At the same time, they are risking their capital since they invested all their savings to run this business Indicate what roles Camila and Barbara play. Justify your answer Figurehead: Because they took part in different events representing the business in order to raise fund and make social impact Entrepreneur: Because the make the decisions in their company and have majoritarian control over it. Also, they are risking their capital