Question

You want to identify the characteristics of successful small businesses entrepreneurs. Develop a plan for investigating this problem that includes your population, sampling plan, sample size, methodology, data analysis procedures

Answer 1

answer-

identify the characteristics of successful small businesses entrepreneurs-

basically an entrepreneur is the person who generates business idea to make a business out of it with involving the risk factor. a successful entrepreneure has following common characterstics-

1. creator of new business idea
2. innovator & creative
3. risk taker
4. decision maker
5. motivator
6. leadership skills
7. effetctive communication skills etc.

to find above characterstics in entreprenuers lets conduct a online research-

the plan would be to search for successful entrepreneurs & what are thier characterstics which lead them to sucess-

1- Problem-

identify the chracterstics of the  successful small businesses entrepreneurs-

2- population-

a research population is known as the well defined collection of individuals or objects having similar characterstics.

for exampple- list of entreprenures from internet can be used a population.

3- sampling plan-

a sampling plan is the structured plan describing the measurements, data collection, methods, sample size, etc in a sequence manner by the researcher.

smaple plan includes-

a- sample size means no. of members in the population.

lets take some successful entreprenuers-

1. jeff Bezoz( founder & ceo Of AMAZON)
2. Mark zuckerberg(Founder Of Facebook)
3. Elon musk(Founder Of payapl & other ventures)
4. Larry page(co-Founder of google)
5. Brian Acton (Co-founder of Whatsapp)

above are some 5 internet entreprenuers who started small but become big & successful in internet field.

b- methodology- it is the method in which the procedure to select the object from the population is described. like above i choose simple random sample methodology to choose 5 successful entreprenures from internet.

4- data analysis procedures-

this step would help to collect the type of data, & methods to analyse the data-

the data collection for choosen 5 entreprenuers-

a- characterstics of all above 5 entrepreneures-

• all five have common characterstics of producing new ideas for thier business
• all have different leadership style like some has transformation style while some have democratic or supportive leadership style.
• all five are very decisive as they have the ability to make quick decisions.
• all are motivator as they support & motivate thier employees to work efficiently & effectively.

analysis-

above analysis is based on the qualitative criteria of the research as it shows the charcterstics of the entreprenuers to be successful.it is shown that found characterstics are common with the characterstics of a successful entrepreneur.

* above answer is written in my own words from some web search.hope this answer would help you.good luck.