What factors should jorge-marta and jocelyn consider

Assignment Help Operation Management
Reference no: EM1380647

Q. Choice of Business Form. Jorge, Marta, and Jocelyn are college graduates, and Jorge has come up with an idea for a new product that he believes could make the three of them very rich. His idea is to manufacture soft-drink dispensers for home use and market them to consumers throughout the Midwest. Jorge's personal experience qualifies him to be both first-line supervisor and general manager of the new firm. Marta is a born salesperson. Jocelyn has little interest in sales or management but would like to invest a large sum of money that she has inherited from her aunt. What factors should Jorge, Marta, and Jocelyn consider in deciding which form of business organization to adopt?

Reference no: EM1380647

Questions Cloud

Describe any constsaints on the ability of businesses : Describe any constsaints on the ability of businesses to respond to external factors.
Describe the difference between transactional and analytical : Describe the difference between transactional and analytical information, and determine which types Spotlight Analysis used to identify its 10 tribes." based on the case Political Micro-Targeting
Prioritize the various exit strategies and explain the order : Prioritize the various exit strategies and explain the order you established. Then, discuss at what point in the business each strategy should be executed along with your rationale.
Shell scripting based questions : Determine will the following only print the text "I FOUND A MATCH" to standard output when the grep is successful? if grep "mrichard" /etc/passwd; then echo "I FOUND A MATCH"; fi
What factors should jorge-marta and jocelyn consider : Jocelyn has little interest in sales or management but would like to invest a large sum of money that she has inherited from her aunt. What factors should Jorge, Marta, and Jocelyn consider in deciding which form of business organization to adopt.
Are the bankruptcy laws in the united states fair to small : Take a position and explain your reasons to the following statement: Are the bankruptcy laws in the United States fair to small business? If you could change the laws, state and justify the specific changes would you make. If you think the laws ar..
Analyze the different ways to evaluate economic performance : Analyze the different ways to evaluate economic performance and determine which provides the best assessment of the economy. Explain your rationale.
Question related to sequential files : In spite of the fact that sequential files lack direct targeted addressing of each of the records and fields, they are the most widely used.
The goal of maximizing the value per share of existing stock : Which of the following statements is not true regarding the goal of financial management? The goal of maximizing the value per share of existing stock is relevant to all organizations.

Reviews

Write a Review

Operation Management Questions & Answers

  Illustrate what are methods used to deal with capacity

Illustrate what is Capacity balance. Why is it hard to achieve. Illustrate what are methods used to deal with capacity imbalances.

  Illustrate what is average inventory if costs are minimized

Illustrate what is average inventory if costs are minimized. Suppose that ordering cost is not $20.68 and Cotteler has been ordering 175 units each time an order is placed. For this order policy.

  Why might an organization which plans to implement

Why might an organization which plans to implement multicultural teams want to provide encouragement also support diverse employee network groups.

  Mathematical formulation of the model

Mathematical formulation of the model

  Find out the speed of the plane in still air

An airplane flew for 4.23 hours with a 25.5-km/hr tail wind. The return flight against the same wind took 4.97 hours. Find out the speed of the plane in still air.

  Why did auto systems decide to install active entry system

Why did Auto systems decide to install Active Entry system. Why did they feel it necessary to integrate it with their TRANS4M ERP system.

  Estimated the net present value of theme parks

A consultant has estimated the net present value of Theme Park's 2 alternatives under each state of nature of the planning board's decision as shown below.

  What considering outsource daily room cleanup for her motel

What considering outsource daily room cleanup for her motel. Susan's Yearly fixed cost for space, equipment and supplies are $61,000.

  Decide the number of employees that would be needed

Decide the number of employees that would be needed. The ice cream sales record for the past 12 quarters is provided in a table below. To assist her with her plans, develop the following forecasting models.

  Compute mape for management''s technique

(a) Compute MAPE for management's technique,  (b) Do management's results outperform (ex have smaller MAPE than) a naive forecast?, (c) Which forecast do you recommend, based on lower forecast error?

  Illustrate what agreement should address

Design a proposed contract for an independent contractor's position. Focus on illustrate what agreement should address. Do not worry about legal language as agreement would be reviewed by a labour attorney prior to its adoption for use.

  Find out the july forecast assumptions

Utilizing a simple three-month moving average, find out the July forecast. Utilizing single exponential smoothing with α = 0.2 also a June forecast = 13, find out the July forecast. Make illustrate whatever assumptions you wish. List these assumpti..

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