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The needs of the businessperson starting a new business are a major consideration when deciding the best form of business ownership. The kind of business being started is also important to consider when deciding to make your new business a sole proprietorship, partnership, or corporation. Look at the list of new businesses below. Indicate the form of ownership you think would be best for each business. Give the reason for your selection.
Business Form Reason
Swimming pool repair
Flower shop
Internet-based specialty store
Termite control service
Textbook publishing company
Law firm
Underwear manufacturer
Child care center
Consider a game where a fair coin is flipped. If the coin comes up heads, you win your bet; if it comes up tails, you lose your bet. At each new flip, however, you must double your bet from the previous flip. What is the set of outcomes of this exper..
Provide examples of each of the eight types of waste described in chapter 12 for the following operations
A desired output of 900 units per shift (7.5 hours) is desired for a new processing system. The system requires product to pass through four stations where the work content at each station is 30 seconds. What is the required cycle time for such a sys..
write a 350 to 700 word paper that defines and compares and contrasts the following middot innovationmiddot
An inspector samples four PC’s from a steady stream of computers that is known to be 12% nonconforming. What is the probability of selecting two nonconforming units in the sample?
Contrast a mechanistic and organic organization giving an example of each. What would a bureaucracy be more like, mechanistic or organic? Why?
Gail has just been transferred to a foreign branch where all of the employees expect her to make all of the decisions and direct all operations. Which type of orientation is in place in this scenario?
Describe a time when the scope changed significantly for a project in which you were involved. What other aspects of the project were affected by the scope changes? What tools were used to manage these scope changes? Were they effective? Why or why n..
Environmental law is both federal and state-controlled. Discuss the effect on state regulations if the federal government, through the Environmental Protection Agency, changes the standards for air pollution and carbon dioxide emissions.
Compose an e-mail to the owners explaining the situation and your recommendation for action. Communicate the importance of the decision from a policy-setting perspective and long-term implications of any decision.
Technology was a main contributor to HRM’s change from paper pusher to strategic business partner. Describe how this occurred. Share at least one example where technology has resulted in HRM becoming a strategic partner.
If you were the database administrator for the iTunes store, how might you use predictive analysis to determine which artists and movies will sell most next year?
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