Choose any small business of your choice. Using relevant management theory, engage with the management and staff of the business and find out the following information:
1. What does the owner believe to be the importance of entrepreneurship? (8)
Small businesses like Mom and Pop stores which are unstructured have different angles to entrepreneurship.
These owners focus more on scalability, higher accessibility of goods, better quality and affordability at same time, better availability and stocking ability of goods, higher employee motivation and optimum work productivity. Thus entrepreneurship for them is important for overall profitability, quality, brand awareness, and goodwill.
Ghese perceptions and insights can be related to Mckinsey 7S framework and Marketing Mix 7Ps. Moreover we can also related motivation to link up with Maslows Theory of Motivation. The quality and affordability also gets blended with TQM theory and Six Sigma Framework.
Choose any small business of your choice. Using relevant management theory, engage with the management and...
Project (60) Choose any small business of your choice. Using relevant management theory, engage with the management and staff of the business and find out the following information: 1. What does the owner believe to be the importance of entrepreneurship? (8) 2. What are the important qualities and characteristics of a successful entrepreneur? (12) 3. How do they make use of a various factors of production to produce their goods and services? (12) 4. How did they generate their business...
Project (60) Choose any small business of your choice. Using relevant management theory, engage with the management and staff of the business and find out the following information: 1. What does the owner believe to be the importance of entrepreneurship? (8) 2. What are the important qualities and characteristics of a successful entrepreneur? (12) 3. How do they make use of a various factors of production to produce their goods and services? (12) 4. How did they generate their business...
Choose any small business of your choice. Using relevant management theory, engage with the management and staff of the business and find out the following information: 2. What are the important qualities and characteristics of a successful entrepreneur? (12)
Choose any small business of your choice. Using relevant management theory, engage with the management and staff of the business and find out the following information: 3. How do they make use of a various factors of production to produce their goods and services? (12)
Choose a fast food restaurant of your choice. Engage with the management and staff of the restaurant and find out the following information: 1. The levels of management operative within the restaurant and the tasks they perform. (8 marks) 2. The restaurant’s market/task environment and its impact on the restaurant. (8 marks) 3. The restaurant’s macro environment and its impact on the restaurant. (8 marks) 4. The primary and secondary value activities within the restaurant. (8 marks) 5. The management...
Please assist with the attached assignment Choose a fast food restaurant of your choice. Engage with the management and staff of the restaurant and find out the following 1. The levels of management and tasks they perform 2. The restaurants market /task environment and its impact 3. The restaurant macro environment and its impact 4.The primary and secondary value activities within the restaurant 5.the management theory or theories embraced by the restaurant 6. The leadership theory or theories demonstrated 7....
that small businesses seriously consider creative ways in which to e-comn incorporate them into all operations. EXERCISES 1 Select three small businesses that engage in e-commerce. Interview the owners and ask them to describe (1) how e-commerce has added customer value and (2) the positive and negative impacts on cash flow. 2 Locate at least one small business that is a nonemployer (i.e., consists of only the owner). Interview the owner about the role that digital technology plays in the...
Small Business Administration Many of you will work for a small business. Some of you will even own your own business. In order to operate a small business, you will need a good understanding of managerial accounting, as well as many other skills. Much information is available to assist people who are interested in starting a new business. A great place to start is the website provided by the Small Business Administration, which is an agency of the federal government...
1. Choose one microeconomic concept applied to the business Netflix. Explain your findings and the implications of Netflix's sustainability. 2. Using the same microeconomic concept chosen above, explain how it would be applied to as a self-employed small business owner. What does this imply about this Netflix's future?
5. Using HSAB theory, choose the better acid or base in the following pairs and explain your choice: a. CH3NH2 or NH3 in reaction with H b. Which end of SCN will coordinate to Cr3+: Pt2+? c. Boric acid, B(OH)3, acts as an acid in water, but does not do so via ionization of a proton. Rather, it serves as a Lewis acid towards OH-. Explain with the use of a balanced equation.