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Successful entrepreneurs understand their business must remain strong or everyone in the organization will be out of a job. Just as oimportant, their team members need to have the same understanding!Therefore the business owner needs to recruit and retain strong team members who have the same DNA as the business owner. Once they recruit the right team members, they develop delegation skills and rely on the right people.
Discuss several Internal Stakeholders and provide at least 2 specific examples:
Who are the major stakeholders who work within (internal) the business?
Discuss several retention strategies aimed at keeping these key players on the team.
Discuss several External Stakeholders and provide at least 2 specific examples:
How do suppliers and vendors support the business' competitive advantage strategies?
Does a deep dependency on external stakeholders put businesses in a vulnerable position? What can they do to avoid being under the 'control' of external suppliers/vendors?
Describe how each of the following firms’ product managers should approach the (i) Catholic, (ii) Protestant, (iii) born-again Christian, (iv) Jewish, (v) Muslim, and (vi) Buddhist subcultures. a. Red Bull b. Wendy’s c. The NBA d. Maxim magazine e. T..
Describe the three phases of the evolution of the supply chain concept.
The legal standard used in medical negligence cases to determine whether health professionals have adequately discharged their responsibility to provide reasonable care in their patients is know as
Project champions can dramatically improve the chances of project success, but they can also have some negative effects.
Describe some of the main services, products, and activities the organization provides to the public. Describe the size of the problem, who is affected by the problem, how long the problem has been in existence, and how long the evaluation will tak..
On a Saturday, Wanda goes to the local farmers’ market to take a break from baking treats.
Randy needs to decide where to get a haircut. He has narrowed the choice down to two local hair salons - Large Hair Salon (LHS) and Small Hair Cutters (SHC). How many customers, on average will be in LHS, including both customers waiting in line and ..
Was there consideration for the bank's promise to make the monthly payments? Where were the offer and the acceptance?
The owner of a clothing store must decide how many men's shirts to order for the new season. For a particular type of shirt, she must order in quantities of 100 shirts. If she orders 100 shirts, her cost is $10 per shirt; if she orders 200 shirts, he..
Describe what types of quality management processes might be found in each of the organizational structures.
Grover creates a machine that enables a manufacturer to make screws with 50 percent less waste than the industry norm.
How many units can this system produce in one year, if it operates 8 hours a day, 7 days a week, and 50 weeks a year.
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