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- 1) How can both market and management factors affect the growth of a new venture? 2) What questions should you ask at each level of the new venture's growth?What are the two major directions a corporation can go in seeking growth? What are the major options within each?what are the external factors that influence palmolive's business?
- please answer all the questions: 1- Define: A- Sole Proprietorship.B- Partnership.C- Corporation 2-Describe 4 Advantages and 4 Disadvantages of each of these forms of Business.What are the company’s plans for future growth?4.What does the process of writing a business plan force an entrepreneur to do?
- 2. Can we call someone an entrepreneur if they bought an ongoing business from someone else or took over the operations of a family business from their parents? DisscussWhat do you think practically which form of business is more successfull , And why explain ?Discuss FIVE (5) personal characteristics of a successful entrepreneur that will either result insuccess or failure in the process of shutting down their start up
- You have just graduated from the MBA program of a large university, and one of your favorite courses was “Today’s Entrepreneurs.” In fact, you enjoyed it so much you have decided you want to “be your own boss.” While you were in the master’s program, your grandfather died and left you $1 million to do with as you please. You are not an inventor, and you do not have a trade skill that you can market; however, you have decided that you would like to purchase at least one established franchise in the fast-food area, maybe two(if profitable). The problem is that you have never been one to stay with any project for too long, so you figure that your time frame is 3 years. After 3 years you will go on tosomething else. You have narrowed your selection down to two choices: (1) Franchise L, Lisa’s Soups, Salads, & Stuff, and (2) Franchise S, Sam’s Fabulous Fried Chicken. The net cash flows shown below include the price you would receive for selling the franchise in Year 3 and the forecast…One of the first steps for starting your own business is to decide what type of business you want to start. Take some time to think about this decision. Before proceeding, answer the following questions:• Why did you choose this type of business?• Why do you think this business will be successful?• Would you enjoy owning and operating this type of business?What makes a perfect business plan?
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