1. What are THREE differences between small businesses and large businesses?2. Define the term 'growth of a business''.2. What is the difference between internal growth and external growth?3. Which of the following FOUR internal growth methods will you recommend to the business in the video: EXPLAN WHY IN FULL SENTENCES
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1. What are THREE differences between small businesses and large businesses?
2. Define the term 'growth of a business''.
2. What is the difference between internal growth and external growth?
3. Which of the following FOUR internal growth methods will you recommend to the business in the video: EXPLAN WHY IN FULL SENTENCES
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- 1. Write 2 products/services you want to pursue if you become an entrepreneur. 2. Identify your target market by answering the following question in the box provided below. a. WHO are your target customers? b. WHY are you targeting those people? c. WHAT is your goal in targeting these customers? Product/Service Target Market Who: 1. What: Why: Who: 2. What: Why:With the aid of practical examples from an identified start-up, identify and explain 4 major differences between a business model and a business plan.What's In Guide Questions: 1. What are the considerations taken in venturing into a new business? 2. What are the risks involved in venturing into a new business? (e.g. restaurant business). 3. Is there a market for the product/services you want to offer? 4. Are the products/services you plan to offer basic necessities or not? 5. Can you identify the players in the industry? 6. What are the salient features/competitive edge of the product/services your plan to offer? 7. Do you have the managerial competence and technical expertise to run the business? 8. Do you have distribution channels by which you can sell you products/services? 9. Do you have the financial resources to start and operate the business?
- 1. Could writing a conventional business plan ever cause more harm than good? Explain your answer?2. If you wanted some assistance in setting up and running a new business, you might look at business incubators as a solution. What kind of assistance would you consider the most valuable?3. Given the risks involved in starting any company, should an aspiring entrepreneur investigate all possible failure scenarios and develop action plans to avoid these potential outcomes? Explain your answer.4. How do autocratic, democratic, and laissez-faire leadership styles differ?5. Ethical considerations. Apart from meeting the company’s future talent needs, do managers have a personal ethical obligation to help their employees develop and advance in their careers? Explain your answer.6. What are the advantages and disadvantages of the unstructured organizational model?7. Suppose you are the marketing manager of the credit-card department of a financial institution. Your objective is to support the…Develop and present a business plan. Tell us the kind of business you are presenting and why. some of the challenges you encounter.with referenceswith the aid of practical examples from an identified start up, identify and explain 4 major differrences between a business model and a business plan.
- 1. Which of the following are the key dimensions of strategic entrepreneurship? I. Strategic management of resources II. Competitive advantages III. Entrepreneurial mindset IV. Entrepreneurial culture and leadership Which of the following is the correct order for the stages of Systematic innovation? I. Opportunity Definition, Solution Definition, Application Exploration, Problem Definition, Project Execution II. Problem Definition, Opportunity Definition, Solution Definition, Application Exploration, Project Execution III. Opportunity Definition, Solution Definition, Application Exploration, Project Execution, Problem Definition IV. Opportunity Definition, Problem Definition, Solution Definition, Project Execution, Application Exploration .TRUE OR FALSE The rough evaluation criteria can be utilised by the Discovery team to rate or rank all of the business opportunities they developed to provide a prioritization of those opportunities.age What does a market-oriented mission statement define about the business? Select one: O a. satisfying basic stockholder needs O b. satisfying basic partnership needs O c. satisfying basic supplier needs O d. satisfying basic owner needs e. satisfying basic customer needs Clear my choice 100 Near recordBusiness strategy concerns A) choosing appropriate internal business processes for a specific line of business. B) ensuring consistency in strategic approach among the businesses of a diversified company. C) selecting a set of financial and strategic objectives for a particular line of business. D) selecting a business model to use in pursuing business objectives. E) strengthening the company's market position and building competitive advantage.
- REFLECTION: If you're thinking about starting a business, most likely you have dreamed of one that involves your interests. But, what does the market need or want? Do you know who is buying what and how much, or how, where and why they are buying those goods or services already? Determining the marketability of your start-up business is typically done in the context of creating a business plan and performing an analysis of your competition. It requires research into areas of marketability,Using what you learned about TripAdvisor TripAdvisor Business Model Canvas (innovationtactics.com) TripAdvisor Business Model Canvas (innovationtactics.com) Share with us what you feel is one of the most interesting, compelling pieces of this business? Identify which of the 9 key components this information falls within (for example it could be: how TripAdvisor actually makes money being a "reviews" page or these are Tripadvisor's key competitors and this is one that actually surprised me...). Have you ever used TripAdvisor or posted on TripAdvisor? What was your experience? Pick an international dream vacation spot. Lookup a hotel that has a 4.8 out of 5.0 rating or higher in that destination. Examine a few reviews. Share with us your destination spot and a link to the hotel. Would the reviews of this property make you decide to book there? Why could user-generated content/feedback be seen as a revenue stream?These are discussion questions for online class.”Best Practices and Strategies” Please respond to the following: From the video, determine the Fruit Guys business strategy. Identify three other businesses that could use the five questions the Fruit Guys used to determine effectiveness and identify three businesses in which the business strategy would not work well. Provide a rationale for your answer..cengage.com/management/webtutor/denisi_hr/video/ch04.html”>http://www.cengage.com/management/webtutor/denisi_hr/video/ch04.htmlFrom the e-Activity,( Pick an organization with which you have familiarity. Then do a competitive environmental scan for that organization.) assess how the competitive environment for the company you researched affects the HR function for the organization. Determine which strategy would be best suited to address the effects discussed. “Improvement and Evaluation” Please respond to the following: Assign a grade to your…