Risk and rewards of entrepreneurship

Assignment Help Business Management
Reference no: EM13104168 , Length: 1200 Words

Learning outcomes

  • Understand the risk and rewards of entrepreneurship
  • Know the range of different businesses and their ownership
  • Understand the importance of market research
  • Know how to calculate and interpret profit and break-even information.

Introduction to Business

Understand business theory and concepts
Able to apply theory and concepts to different types of businesses
Able to analyse the implications for businesses
Able to offer an opinion or make a judgement

Assignment Purpose:

For learners to demonstrate their understanding of introductory business concepts

Assignment Instructions:

Individually choose a company /person and answer one of the following questions:

1. To what extent do risk, rewards and motives contribute towards an entrepreneurs goals?

2. Analyse how effective a change of ownership has been for your chosen businesses performance.

3. Critically evaluate your businesses approach to the use of primary and secondary research.

Reference no: EM13104168

Questions Cloud

Creating production constraints for work area : A manufacturer makes two products, windows and doors. Each must be processed through two work areas. Work are #1 has 48 hours of available production time.
Histogram with the probabilities : Find the probability of each value of X. Draw a histogram to display this distribution. (Because probabilities are long-run proportions, a histogram with the probabilities as the heights of the bars shows what the distribution of X would be in ver..
Monthly utility bills which are normally distributed : The monthly utility bills are normally distributed with a mean value of $130 and a standard deviation of $15.
Creating objective function to maximize total profit : Whole Foods buys organics beets from two suppliers, one in Ames and one in Zearing. The price per unit of the Ames beets is $4.50 and the price per unit of the Zearing beets is $7.00.
Risk and rewards of entrepreneurship : To what extent do risk, rewards and motives contribute towards an entrepreneurs goals and analyse how effective a change of ownership has been for your chosen businesses performance.
Random selection of commercial aircraft for stress test : The ages of U.S. aircraft have a mean of 13.0 years and a standard deviation of 7.9 years. If the Federal Aviation Administration randomly selects 35 commercial aircraft for special stress tests, find the probability that the mean age of this samp..
Discuss aspects of hrm : What aspects of HRM are you using, or have used, in your current or former jobs? If you do not have experience with HRM, does a career in Human Resource Management.
Review movie or television show about today-s society : Write down 350- to 750-word review of movie or television show. Review should include the thesis statement, introductory paragraph, and at least two supporting paragraphs.
Probability related to large toxic clean up project : Workers at a large toxic clean up project are concerned that their white blood cell counts may have been reduced. Let x be a random variable that represents white blood cell count per cubic millimeter of whole blood in a healthy adult.

Reviews

Write a Review

Business Management Questions & Answers

  Show effective communications

Explain what recommendations may you make for effective communication among coworkers who have contrasting communication styles? Provide specific examples.

  Identification of the changes which need to be made

Identification of the changes which need to be made also a reason for the change. Identification also description of human implications, potential resistance factors, also the drivers of the change. Recommendations which demonstrate strategic alignme..

  Explain about proprietary theory

Determine the income under each of the following equity theories - Proprietary theory

  Employment test reliability

Write the Importance of Employment Test Reliability.

  Current carrying value of unprofitable stores

Explain why Food Lion must write down the current carrying value of its unprofitable stores.

  Criteria for select jobs

United States as they appear to be in the United Kingdom? If so, if you were mentoring one of these people at work, what three specific bits of career advice would you give to him or her?

  Enrollment forecasting models

The board of regents responsible for all public higher education funding in a large Midwestern state employed a consultant to construct a series of enrollment forecasting models, one for each college.

  What must be the main objectives of a marketing department

Develop a well thought out essay where you take a position as well as then offer convincing logical support for that position. What must be the main objective(s) of a marketing department within any organization

  Explain each chef can prepare a number of meals

Explain Each chef can prepare a number of meals and The name of the meal and the price of the meal are recorded

  Reacting to employee hacking

You are an IT manager in an organization. During a routine check of the log files on network usage, you find that one of the users Donald is using the network to access files from the server every day for 2 to 3 hours after regular working hours.

  What is the probability

What is the probability that a call from one of these phones will last less than 180 seconds? (Round up to three decimals.)

  Decision-making software advertised by a company

How is this software designed to help with decision-making - What method does it use and Do you think that this software would help improve decision-making

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd