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Being an Entrepreneur? The text describes being an entrepreneur as very risky, and offers that it requires certain characteristics to be successful. This kindly provides some real-life responses to validate why someone would give up the security of working for others to assume the risk of business ownership? Find out by interviewing two or three small-business owners in your area. Ask them the questions listed below. 1. Did you ever work for someone else? If so, why did you stop? 2. Why did you want to go into business for yourself? 3. What expectations did you have when you started the business? 4. Which of these expectations were fulfilled? 5. Which of your expectations were not fulfilled? 6. What advice do you have for an entrepreneur thinking of starting a new business today?
Due to the Bush Administration's relaxed EPA standard, an environmental testing client decides late in a project that the arsenic detection instrument included in the custom field labs they ordered is no longer needed. As project manager, what is you..
Assume that in 2006, Eye Associates (Problem S7.9) has 8 machines, each capable of producing 2,500 lenses per year. However, the new and best machine then on the market has the capability of producing 3,000 per year. What is the status of capacity at..
Market planning falls into three broad categories; formal, informal, and behavior marketing planning. What is the significance of each of these market planning types? In your opinion what category is most effective? Why?
jefferson and sons has total assets of 807200 total equity of 509500 total sales of 945300 and net income of 25600.
Explain and provide examples of the factors that help determine an effective span of supervision? What is organizational design and how does it relate to the organizing function? Discuss the dimensions of authority possessed by attending physicians a..
Once again, use sources that would be acceptable to business professionals. The ethical models were discussed in chapter 5 and the corresponding lecture(s). Use a true essay format or memorandum. Is the concept applied consistently? In which countrie..
What are some of the limitations of learning curves? - Identify three applications of the learning curve. - What are the approaches to solving learning-curve problems?
Some projects have a fixed due date while others have to be finished as early as possible, and the project manager only makes commitments on the completion date once she and her project management team have scheduled the project. Explain how the back..
Research shows that much more money is spent on medical care for the elderly today than 50 years ago. What is the likely reason? Do today’s elderly tend to be sicker and more likely to be disabled than in prior years?
A company will begin stocking remote control devices. Expected monthly demand is 900 units. The controllers will be purchased from RCD supplier offering price breaks for quantities. What is the feasible quantity? What is the total annual ordering cos..
Do you think the federal government should regulate and control the compensation for executives? Why, or why not? If you are in favor of this idea, please share your ideas on how this could be done.
CPM Construction plans to buy a truck for $150,000 and expects $100,00/year as an income. The company plans to sell it fro $15,000 at the end of Year 5. The annual operating cost of the vehicle is $60,000. 1) What is the IRR of this investment? 2) If..
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