Small store or service organization

Assignment Help Operation Management
Reference no: EM13809007

1.) Think for a moment about a business you patron, it can be anything from a large retailer to a small store or service organization. Once you have identified your profile company, please provide the following:

  • The name of the organization.
  • The type of industry it is in.
  • The markets it serves (geographically.)

Then, please identify the type of business structure the organization has (sole proprietor, partnership, corporation, etc.

  • Note: If your profile company is a large organization you should be able to easily find this information on-line and provide a source. If it is a small local business, you should still be able to locate this information, but if you cannot please make a note of this and then provide what type of business structure you think the organization has and why.

Please answer this question in two to four paragraphs with supporting reference. Finally, please highlight what you see as the pros and con's of the organization having this structure.

2.) Did you know over 50 % of small business fail within the first year and over 95% in five years? With that in mind, you have just been promoted to a new role as an "Entrepreneur Business Coach" and I am your first client. I am looking to start a small firm that will make an innovative new product called The Widget.

Please give me your best advice to maximize the chance that I will still be in business a year from now.

Please answer this question in two to four paragraphs with supporting reference.

Reference no: EM13809007

Questions Cloud

Making widgets like the normal staff : You are quite concerned that you now have a big order of 64,000 widgets next month and want to hire some temps to make all 64,000 widgets next month. So, you'll have the extra labor start on the first and work the normal 20 days. Assume that these..
Leveraging power from batna : Leveraging Power from BATNA
Explain administrative issues in homeland security : significant issue or question related to HR and administrative issues in homeland security or emergency management as the topic of the research paper.
Discuss current educational practices that relate to book : Discuss current educational practices that relate to the book. Discuss how the book's educational theory or author's perspective addresses current educational practices.
Small store or service organization : Think for a moment about a business you patron, it can be anything from a large retailer to a small store or service organization. Once you have identified your profile company, please provide the following:
What is enthalpy : Question 1: What is "enthalpy"? Question 2: What does a positive value of enthalpy mean? What does a negative value of enthalpy mean?
The common driveway case : The Common Driveway Case
Question regarding the decision making process : Would there be differences in the decision making process when involving these individuals? Use at least one resource to support your key points.
Describe all the necessary equipment : Write a 4-5 page paper in which you create a plan for a low-cost automated inventory system in whichyou:  Describe all the necessary equipment. Explain the costs involved in the creation of the system

Reviews

Write a Review

 

Operation Management Questions & Answers

  Resource commitment on the part of the focal firm

Which of the following foreign market entry strategies requires the most substantial resource commitment on the part of the focal firm?

  Briefly describe your role as an employee of an organization

Briefly describe your role as an employee of an organization in the IS field. Give examples of what you need to know about information systems and how it can help with your job performance.

  People working in their own self-interest produce goods

How is it that people working in their own self-interest produce goods, services, and wealth for others. The proven success of job specialization lies in the fact that

  Identifying the stakeholder groups and individuals

You have been appointed as a project manager for a high dollar project for the private sector and you have been asked by your boss to identify the stakeholder groups and the individuals who make up those groups in order to start the stakeholder analy..

  Leaders to help them formulate new ideas

There is not a traditional answer to meet every problem in an organization. The latest theory could be outdated within a few years. Therefore, in many cases leaders must create their own strategy

  The firm has no other non-operating assets

The firm has no other non-operating assets. It has $368 million in debt and $60 million in preferred stock. What is the value of the firmas operations?

  What amount will be in a bank account three years from now

what amount will be in a bank account three years from now if 5000 is invested each year for four years with the first

  Create a sample human resource strategy

Create a sample human resource strategy that aligns with subsequent business strategy: "A satisfied customer is best business strategy of all."

  Demings pdca plan do check and act cycle underlies what

a demings pdca plan do check and act cycle underlies what inherent six sigma principle?bull continuous

  Identify how each approach informs or impacts life

Identify how each approach informs or impacts life, particularly as you prepare for your senior years. Discuss benefits (pros) also shortcomings (cons) of each perspective. Identify which perspective helps you to make choices as you move toward your ..

  Summarize the actions that lead to the lawsuit

Research and cite at least 4 peer-reviewed academic sources in addition to the textbook.

  Provides an overview of strategic management and strategy

Introduction to Strategic Management (2014) provides an overview of strategic management and strategy. To launch our exciting course, this learning activity requires you to explain a high-level overview of your previous or current organization’s stra..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd