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1. The first section of the chapter reviews the most important issues an entrepreneur should consider in choosing a form of ownership. Based on your personal preferences and your planned business, Briefly discuss each one significant concerns.
a) Start-up and future capital requirements. Explain why?
b) Business Goals. Explain why?
c) Management Succession plans. Explain why?
d) Control. Explain why?
2. For each of the following forms of ownership, identify the advantage you find most attractive and the disadvantage you find most concerning based on your personal and business needs.
Answer the Advantage and Disadvantage of the following.
Sole Proprietorship :
Partnership :
C Corporation :
Limited Liability Corp. :
S Corporation :
3. How would you address the disadvantage of Partnership?
Determine the different types of performance measurements that can be used to measure LensCrafters' service-delivery system design. Select at least two (2) types that can be applied and provide justifications for the selection.
You also find that the car wash is positioned above the zone box on reliability but below the box on responsiveness. What should you tell the manager of the car wash to do?
determine the total charge under each plan for this case: 120 minutes of days calls and 40 minutes of evening calls in a week -prepare a graph that shows total weekly cost for each plan versus daytime call minutes
The number of students taking the SAT has risen to an all-time high of more than 1.5 million (College Board, August 26, 2008). Students are allowed to repeat the test in hopes of improving the score that is sent to college and university admission of..
The price today of a bond that will pay its owner $1,000,000 in five years is $747,258.17 What is the annual rate of return on this bond (bond yield maturity )?
you run a small shop that makes widgets. you employ 50 workers and each worker can make 2 widgets per hour. they work
ABC Inc., a company that specializes in computer services has been invited to make a bid on a certain contract. The contract calls for specific number of computers to be delivered during the coming year. Draw a decision/precision tree for the above i..
A manager's responsibility is to coordinate resources in a(n) ____ and ____ manner to accomplish the organization's goals.
A company manufactures hair dryers. It buys some of the components, but it makes the heating element, which it can produce at the rate of 853 per day. Hair dryers are assembled daily, 249 days a year, at a rate of 320 per day. What is the average inv..
In few sentences. Explain why change is an essential process for business to be competitive? In what way must business must keep changing?
Discuss the role and effects of span of control, and relate it to organic and mechanistic organizational structures. Share a personal or professional experience representative of one of these.
Explain why inflation premium also risk premium is added to real interest rate in order to arrive at value of nominal interest rate. Explain how has Ford changed operations based on turbulent economic conditions today.
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