In two to three paragraphs, provide the following information about the business that you created in Week 1. 1. Based on the type of product your business will offer, discuss potential product liability issues and how your company can avoid these potential risks. 2. Explain your plans to handle sales contracts and warranties.
Select any form of business organization and create a business that sells at least one tangible product. You will continue to build this business each week. In two to three paragraphs, provide the following information about your business. 1. Name of business 2. Location of the principal office 3. Type of organization (sol
Can accidents spur innovation efforts or is innovation a rigid process with no tolerance for accidents?
What is the primary characteristic of the reframing innovation strategy? Why is the reframing strategy difficult to execute within established organizations?
Explain how economics and entrepreneurship may be effectively and creatively employed as tools of social change in the service of a topic or cause that is important to you.
What are the two dimensions of strategic entrepreneurship, and what is an example of each? How can such efforts be effectively and efficiently accomplished? Formal reference.
Why should the small business owner consider the demographics of an area when choosing a location for opening a new business? Name some sources of demographic information that are valuable tools to use in this evaluation.
Many entrepreneurs test the waters of a market by starting a sideline business. What are the advantages and disadvantages of selling items on Internet auctions, such as eBay?
Explain how a franchise could be considered a partnership. What makes a franchise agreement simpler than a partnership that you would start with another individual?
See the attached file. Whole Foods Market, Inc. Journal of Case Research in Business and Economics James L. Harbin Texas A&M University-Texarkana Patricia Humphrey Texas A&M University-Texarkana 1. As you research Whole Foods and their specific strategies what struck you as positives and/or negatives. Are there certain
After watching the Finagle a Bagel video, answer these questions. 1. What financial issues has growth created for Finagle a Bagel? 2. What does Alan mean when he says that the restaurant business is a great top line business? 3. What does that have to do with the bottom line? http://www.cengage.com/introbusiness/book_cont
I am doing a presentation and paper on doing a business plan to open up a senior assisted living center. This will include three separate homes purchased together, which one will be couples, one for women, and one for men. I could use direction with this part. Please include any references you use. 1. Determine the challenges f
Read the following scenario and respond to the questions that follow. The workers on the assembly line of the WizzyWats factory were not identifying defective components correctly, as the items passed their stations. This led to an increase in defective products, a loss of production, and a frustrated management team. The
Think of two current health care firms. 1. What types of intellectual properties do you think they own? 2. What factors do you think they considered when determining these intellectual properties? 3. How do you think these intellectual properties affect the firm that owns them and competitive health care firms?
Define each of the following forms and address the advantages and disadvantage of each: a. Sole proprietorships b. Partnerships c. Corporations d. Limited liability companies Answer the following question and explain your answer: What is the most appropriate form of ownership for an aggressive entrepreneurial firm?
Part I Select one of the poorest countries of the world (one with under $1000 gross domestic product [GDP] per capita). Research your chosen country and provide answers to the following questions: - Does this country provide exports? If so, what products or services are exported? - What quality or condition is the land in t
An entrepreneurial culture is one in which the search for venture opportunities permeates every part of the organization. The key to creating value successfully is viewing every value-chain activity as a source of competitive advantage. True or false?
Almost all of us enjoy the "bargains" we find at the discount retailers like Wal-Mart and Target. There are operational and business efficiencies that smaller retailers can't duplicate. For instance, there was a bicycle shop on Main Street in a small town that had a lucrative trade until Wal-Mart came to town. The owner of
The following five examples point to the different types of firms with entrepreneurship value creation potential: start-ups, major corporations, family-owned businesses, non-profit organizations, and established institutions. Is this true of false?
Are Entrepreneurs born or made? Describe 3 characteristics common to successful entrepreneurs, including an example of a successful entrepreneur.
You bring up some good points. Let's look at one of your points on when to sell the business. There are some who believe that you sell at the top while others believe you sell while you are moving on the upswing. Which of these would you embrace? Explain why and discuss why you would not choose the other.
Questions: 1. Warren Buffett's Berkshire Hathaway owns three other furniture retailers in addition to Jordan's. Why do you think the conglomerate left the Tatelman family in charge of Jordan's after the merger? 2. What do you think Berkshire Hathaway and Jordan's have each gained from the merger? 3. How much influence are
Sequestration has the potential to hurt small businesses. One example could be the lost of jobs by companies who have government contracts. See Sequestration Hurts Small Business More Than Big Business. Do you agree with the article? Finally what affect do you think this will have on the SBA? How would it affect the business in
Speculate on how the typical sources of business growth might evolve over the coming decade. Explicate how these changes might affect businesses in the industry you have selected for this course. Support your speculations with examples and discuss whether or not there were any surprises.
What do you see as a major problem in constructing a competency framework? Do you find these frameworks used regularly in your industry or culture( Europe or Middle East )?
Describe why an organization would choose competency-based job analysis over the more traditional form of job requirement job analysis. What are the pros and cons to each approach? The attachments are as follows: - The Nature of Staffing - Support Activities: Legal compliance, planning, job analysis and rewards - Support
For business ethics and dilemmas in the hypothetical business situations below, discuss the basic elements of business formation: A. Idea/vision for the business B. Identify legal and regulatory issues to be considered in creating/modifying this business C. What legal entity choice would you make for this business and
Scenario: You are an employee with Triangle Solutions, a large firm. Your firm has consistently trailed its main market competitor the last three years and wants to establish market leadership. With this goal in mind, Triangle Solutions is providing significant funding to Research and Development to come up with a new product
1) In your opinion, is the sealed-bid method better than the negotiation method? Give an example. 2) Provide an example of a case where you would want, as a bidder, to use the negotiation method. Explain your preference. 3) Speculate on the reasons for the concern addressed in the report. 4) Assess the recommendati
Hi, Can you explain where and what I'm required to reflect on in the following action research project? And what should I concentrate on to demonstrate clarity of thought, maturity of thinking and so on? It details what I should cover in the action research findings but where and how should reflections come into it? And is it