Question

1) What is a Market Entrepreneur? What is a Political Entrepreneur? Give an example of each in any other industry and explain how they are different.

2) Give an example of an efficient monopoly and a coercive monopoly and explain the positive or negative aspects of each.

3) In what ways did John D. Rockefeller make the world a better place?

**Must be 4-5 sentences for each question.

Answer 1

The market entrepreneur provie marketig strategies or spirits different than the traditional marketing by utilizing various toolkit of unorthodox and new marketing practices and helping the firm which are emrging to gain stability in the market .The market entrpreneur uses Relationship marketing , expenditionary marketing , one to one marketing ,viral marketing , digital marketing , real time marketing as thier backbone .While political entrpreneur is a political player who is in search of political gain and social benefit in the exchange of common goods which could be shared general public .This good which this entrpreneur provide for thier gain involve freign public policy , domestic public policy, while in return they gain vote, support , personal popularity and public recognition etc .

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