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How have globalization and information technology created new opportunities for entrepreneurs? Describe current demographic trends that suggest new goods and services for entrepreneurial businesses.
What are the benefits and risks involved in buying an existing business or a franchise?
Suppose an entrepreneur is considering buying an existing business or franchise. Which of the eight entrepreneurial traits do you think would most apply to this person, and why?
Describe the two main types of financing that entrepreneurs may seek for their businesses. What are the risks and benefits involved with each?
Why do most entrepreneurs rely on personal savings, credit cards, and money from family and friends? Why is it difficult to obtain bank financing?
1. The investment a company makes in training employees to perform their duties and redesigning products and processes to improve them would be categorized as prevention costs. 2.
1. Productivity is considered by many to be the essence of operations management - suggest reasons to support this assertion. 2. Using the figures in the table, if we use 2000
Consider this: Lee Peterson has invented a new product that detects water leaks due to broken pipes and sends out an alarm similar to a smoke alarm. However, Lee has very little pe
What is project management?
On the day his son was born, a father decided to establish a fund for his son's college education. The father wants the son to be able to withdraw $4000 from the fund on his 18th b
Q. What is utility of computer aided design to manufacturing operations? Computer aided design (CAD) automates the expansion of new product designs quicker. While integrated wi
Preparing employees to work across national and cultural boundaries is known as: Answer (1) cross-cultural repatriation. (2) Cross-cultural preparation. (3) Culture shock. (4) Reve
Distinguish between management information systems and operations information systems
Consider whether the implementation of the Sarbanes-Oxley Act supports ethical behaviour. Specifically, address Title 3 of SOX and whether you think SOX worked for financial instit
Analyzing Layouts with Computers Due to the advent of computers and software faculties. Presently computers are used to design the facility layout. Digital computers are wide
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