PROSPECTS OF RUNNING SMALL BUSINESS IS QUITE GOOD AND HIGH BECAUSE THE DEMAND FOR THIS BUSINESS ARE INCREASING WITH THE EVOLVING TECHNOLOGY, POLICIES OF THE GOVERNMENT BECAUSE OF WHICH LESS INVESTMENT/CAPITAL IS REQUIRED TO STARTUP THE BUSINESS. ALSO, TREND TO PRODUCE INNOVATIVE PRODUCTS IS INCREASING DAY BY DAY. CUSTOMERS ARE PREFERRING NEW PRODUCTS AND BRANDS AND WELCOME THEM.
YES, I WOULD DEFINITELY ENJOY THIS BECAUSE THIS IS WHAT MY PASSION IS. I CAN COMPLETELY JUSTIFY THE WORK WITH MY KNOWLEDGE, EXPERIENCE, AND PASSION TO DELIVER THE CREATIVE PRODUCTS.
I WOULD CHOOSE EDUCATION INDUSTRY FOR SETTING UP A SMALL SCALE BUSINESS.
This one is easy… think about the prospect of running a small business. Is that something...
what do think about the prospect of doctors and patients having productive doctor-patient relationships? Be perfectly honest! If you do not think that there is a possibility that there can be a successful relationship within the climate of today's medical field, say so. If you see the possibility for a successful relationship, say so. If you have mixed feelings, say so.
Think about a possible business you might form in the near future, and post the following information: 1. Describe the business in one paragraph. 2. What business form/organization would you use? Explain your reason(s) for your choice. 3. How would you capitalize, and what ownership interest(s) would you offer investors 4. Regarding the investment in your business, how would it be documented? 5. Identify at least 3 questions, or concerns, i.e. investment, control, liability, etc., you and your investors may...
Suppose that there are no variable costs. Think about what this means. Marginal cost is the additional cost of producing one more unit of a good. 1) If there are only fixed costs, then what is the additional cost of producing an additional unit? 2) If a monopolist is running a business with only fixed costs what is the price elasticity of demand at the profit-maximizing level of output? 3) show that all monopolists facing positive marginal cost produce where...
Suppose that there are no variable costs. Think about what this means. Marginal cost is the additional cost of producing one more unit of a good. 1) If there are only fixed costs, then what is the additional cost of producing an additional unit? 2) If a monopolist is running a business with only fixed costs what is price elasticity of demand at the profit maximizing level of output? 3) show that all monopolists facing positive marginal cost produce where...
Discussion Questions Think about some of your friends and what you have discovered by visiting their homes. Do they buy different things than you do? If so, why? How might a company distinguish you from them in terms of its targeting? Is it always harder to find new customers than it is to retain old ones or does it depend on the business you're in? Does one-to-one marketing have to be expensive? How can small organizations interact with their customers...
Find an editorial cartoon that you think is amusing and effective, something that makes a point you think is important. Either add the image to a post or share a link of the image. Then answer the following points: What is the issue addressed by the cartoon and what is the cartoonist's main point? How do the verbal and visual elements make the point and support it? How does the humor add to the argument's appeal?
I would like to invest in a small internet business which sells face masks and share in the profits it will make. My two friends and I think a business selling face masks right now might make a lot of money, but I just bought a new car and I don't want to risk lossing my car if something goes wrong with the business. Neither of my friends has any assets they are worried about losing if something goes wrong...
Identify one market where you think entry is easy explain why? How does that effect profits in that market
A hypothesis is a claim about something about a population. Think of your future career. What are some examples of hypotheses that you would be interested in testing? Give an example describing your situation, including the null hypothesis and the alternative hypothesis.
For many organizations, pinpointing exactly what "ethical behaviors" are is a challenging feat. When something is legal versus illegal, it is easy to understand what one ought to not do; but when it comes to ethics, it becomes a matter of perspective in some cases Why do you think that is? How would you define an ethical business culture? . . If you were in position of authority within an organization, what are some things you can do to foster...