Discuss the pros and cons of providing credit to customers

Assignment Help HR Management

Reference no: EM133948670

Assignment:

1) 70% of all businesses in the United States are considered small businesses, yet why is it so difficult for most small business owners to raise the capital needed to start, operate, or expand their ventures? Due to the Coronavirus, many small businesses will close permanently. What can they do to survive?

2) What guidelines should an entrepreneur follow if they want to sell their business? Explain.

3) Define customer relationship management (CMR) and explain its importance to a small business. Justify your answer.

4) What factors should a manager consider when evaluating a region in which to locate a business? Explain.

5) Discuss the pros and cons of providing credit to customers. If you decide to provide credit, what policies should you establish and enforce?

6) What are some ways that you could use primary and secondary research to better understand the various segments of your market and to develop promotional materials? Explain.

7) What advantages does going global offer a small business owner? Also, describe the barriers businesses face when trying to conduct business internationally.

8) What is leadership? What is the difference between leadership and management?

9) Whether you hire a part-time or full-time employee, in what ways can you ensure that each employee knows and values your company's mission?

10) Why is developing a financial plan so important to an entrepreneur about to launch a business? Explain.

Reference no: EM133948670

Questions Cloud

Receiving intravenous antibiotic therapy : Terry Muse is a 64-year-old patient who has been hospitalized with peritonitis. He has been receiving intravenous antibiotic therapy.

Is diabetes national trend increasing or decreasing : Is diabetes national trend increasing or decreasing? Please provide explanation and reference.

Difference between performance monitoring-program evaluation : Difference between performance monitoring and program evaluation.

What is the interpretation of a shadow price : In linear programming, what is the interpretation of a shadow price? Please explain.

Discuss the pros and cons of providing credit to customers : Discuss the pros and cons of providing credit to customers. If you decide to provide credit, what policies should you establish and enforce?

What do you expect your return on investment to be : Discuss how you plan to pay for college when you transfer to the university. What do you estimate the cost of your 4-year college education to be?

Importance of having km in an organization : The importance of having KM in an organization. Establish at least two possible organizational problems that could be solved by a KM Program in organization.

Identify one tourism phenomenon occurs in 2021 : Explain the answer with a holistic view of tourism, including business, socio-cultural and community issues as well as environmental and ecological aspect.

Why did terrorism becomes major focus in 2001 : Why did Terrorism Becomes Major Focus in (2001)?

User Account

All Pages