Essay : Identify at least one important entrepreneur that you would consider an “entrepreneurial legend”

Identify at least one important entrepreneur that you would consider an “entrepreneurial legend” and state why you consider the person to be (or have been) exemplary. You must also identify at least one economic decision made by this entrepreneur that was significant in their success and provide a detailed example of that decision. Your reason for selecting the person should include examples of managerial economics and should include other criteria such as social responsibility and ethics. Remember to cite your authority and be careful not to plagiarize.

SAMPLE SOLUTION

Jeff Bezos
One of entrepreneurs that I consider “entrepreneurial legend” is Amazon’s founder, chief executive officer (CEO) and chairman, Jeff Bezos. Bezos is currently the richest man in the globe. His company, Amazon Inc., apart from dealing in online retailing, offers internet services, books publishing, whole foods among other goods and services. Three reasons why I consider Bezos an “entrepreneurial legend” include his approach to decision making, his success in growing Amazon to a multi-billion-dollar company in a relatively short time, and his engagement in corporate social responsibility. Bezos founded the company in 1994 (Houde et al. 1). In about 20 years, the company has grown to become a very profitable multi-national business. Consumers…