Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
expand_more
expand_more
format_list_bulleted
Textbook Question
Chapter 7.3, Problem 2CC
What social and economic factors have prompted the rise in small business?
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
Why does a dietitian manager need to know about the importance of employee scheduling and weekly budget hours as a kitchen dietitian in a facility and how it can impact their work performance.
Why does a dietitian manager need to know about the importance of ordering and supply restocking as a kitchen dietitian in a facility and how it can impact their work performance.
.During a meeting, the team lead introduces a new idea. The team lead asks for feedback, and group members build on and refine the original idea. They debate the pros and cons and discuss how to successfully implement the idea. The team lead and members agree that the idea is vastly improved. Which communication principle does this example best illustrate?
(1 Point)
A. Communication is irreversible
B. Communication has inherent uncertainty and ambiguity
C. Communication can be intentional or unintentional
D. Communication is generative
E. None of the above
Chapter 7 Solutions
Principles of Management
Ch. 7.1 - What do you think enabled Jack Bonneau to start...Ch. 7.1 - What personal characteristics and values will Jack...Ch. 7.1 - Describe several types of entrepreneurs.Ch. 7.1 - What differentiates an entrepreneur from a...Ch. 7.1 - What are some major factors that motivate...Ch. 7.2 - What type of entrepreneur is Apollonia PoilĂ¢ne?Ch. 7.2 - What personal ethics drove Apollonias decision to...Ch. 7.2 - Describe the personality traits and skills...Ch. 7.2 - What does it mean when we say that an entrepreneur...Ch. 7.3 - What are three ways small businesses can be...
Ch. 7.3 - What social and economic factors have prompted the...Ch. 7.4 - How can potential business owners find new...Ch. 7.4 - Why is it important to develop a business plan?...Ch. 7.4 - What financing options do small-business owners...Ch. 7.5 - What led MailChimps founders to change its focus...Ch. 7.5 - What was MailChimps big idea that changed the...Ch. 7.5 - How does the small-business owners role change...Ch. 7.5 - How does managing a small business contribute to...Ch. 7.5 - What are the benefits to small firms of doing...Ch. 7.6 - Why are small businesses becoming so popular?Ch. 7.6 - Discuss the major advantages and disadvantages of...Ch. 7.7 - What is the Small Business Administration (SBA)?Ch. 7.7 - Describe the financial and management assistance...Ch. 7.8 - What significant trends are occurring in the...Ch. 7.8 - How is entrepreneurial diversity impacting small...Ch. 7.8 - How do ethics impact decision-making with...Ch. 7 - What are the differences between classic,...Ch. 7 - What differentiates an entrepreneur from a...Ch. 7 - What are some major factors that motivate...Ch. 7 - How can potential business owners find new...Ch. 7 - Why is it important to develop a business plan?...Ch. 7 - What financing options do small-business owners...Ch. 7 - How do the small-business owners and entrepreneurs...Ch. 7 - What are the benefits to small firms of doing...Ch. 7 - Describe the financial and management assistance...Ch. 7 - What significant trends are occurring in the...Ch. 7 - How is entrepreneurial diversity impacting small...Ch. 7 - How do ethics impact decision-making with...Ch. 7 - What characteristics made Vic Ahmed a successful...Ch. 7 - How did their Ahmed and Steven Cases partnership...Ch. 7 - Is focusing on smaller cities rather than areas...
Additional Business Textbook Solutions
Find more solutions based on key concepts
Why is the capital-budgeting process so important?
Foundations Of Finance
E2-13 Identifying increases and decreases in accounts and normal balances
Learning Objective 2
Insert the mis...
Horngren's Accounting (12th Edition)
Questions For Review
12-4. How is the concept of the value package useful in marketing to consumers and industr...
Business Essentials (12th Edition) (What's New in Intro to Business)
The net present value of a project. Introduction: The difference between the present value of cash outflow and ...
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
Horizontal analysis(Learning Objective 2)15-20 min. Below are net sales and net income data for a five-year per...
Financial Accounting, Student Value Edition (5th Edition)
What is a qualitative forecasting model, and when is its use appropriate?
Operations Management
Knowledge Booster
Similar questions
- 12 SSO: Texas A&M University San Antonio ווח Cengage Learning A https://learn-us-east-1-prod-fleet01-beaker-xythos.content.blackboardcdn.com/... learn-us-east-1-prod-fleet01-beaker-xythos.content.blackboardcdn.com A Content RESEARCH PAPER 1 APPLICATIONS OF INFORMATION TECHNOLOGY RESEARCH AN ORGANIZATION MIS is an important support function in almost every organization. You will likely use an information system in the workplace. This assignment will allow you to learn about the different categories of information systems used in a specific business area. Also, you will confirm that the information systems area is an important function of a company. If you work for an organization that uses Information Systems, or if you can interview somebody that works at such an organization, your paper can describe the applications of Information Systems and implementation issues in this organization. О Identify SPECIFIC EXAMPLES of applications used by the organization. Describe the organizational о…arrow_forwardWhy does a dietitian manager need to know about the importance of meal prepping as a dietitian in a facility and how it can impact their work performancearrow_forwardWhy does a dietitian manager need to know the importance of helping the activities coordinator (during the themed week) as a dietitian in a facility and how it can impact their work performance?arrow_forward
- Why does a dietitian manager need to know about the importance of quick decision-making as a kitchen dietitian in a facility and how it can impact their work performance.arrow_forwardWhy does a dietitian manager need to know about the meal service system in a facility and how it can impact their performance (need written info, no refernces, thanks!)arrow_forwardWhy does a dietitian manager need to know about the meal service system in a facility and how it can impact their performancearrow_forward
- Robo-Advice for MillennialsYour investment firm has been working hard to develop a robo-adviser service that uses computer algorithms to provide financial planning for its millennial clients. There is widespread consensus across the investment community that millennials raised in an environment of video games and social networks are looking for just this kind of investment robo-advice service. You are a member of a field test unit for the robo-advice service. Your team of 12 people has trained some 250 people (in the 25 to 35 target age range) in the basics of investing and how to take best advantage of the robo-advice service. The trial results have been discouraging. Many of the trial clients ignored the robo-advice completely and simply turned into hyperactive traders, executing multiple trades per week. Alarmingly, even those who followed the robo-advice did not fare well, losing an average of 5 percent on their investments even though the market (as measured by the S&P 500)…arrow_forwardNARCOMS Database to Aid MS Victims Multiple sclerosis (MS) causes a disruption in the transmission of nerve signals between the brain, spinal cord, and the rest of the body. Disrupted nerve signals cause the symptoms of MS, which can vary from one person to another, but often include difficulty walking, dizziness, fatigue, involuntary muscle spasms, pain, stiffness, tremors, vision problems, and weakness. The North American Registry for Care and Research in Multiple Sclerosis (NARCOMS) is a database created to capture the real-life experiences of people living with MS. The database contains information about each patient’s symptoms and their severity over time, medications taken, and courses of treatment. Physicians, scientists, and pharmaceutical companies can use this data to better understand MS by tracking patients’ disease course, comparing results of alternative courses of treatment, measuring the effectiveness of medications, and identifying useful indicators of the severity of…arrow_forwardKroger’s QueVision System Improves Customer Service Kroger has annual sales in excess of $100 billion and operates stores across the United States under various names, including Kroger’s, Ralph’s, and Harris Teeter. In surveys, Kroger’s customers have consistently rated waiting at the checkout lane as the worst part of the grocery shopping experience. In response, Kroger developed its QueVision computer-based information system, which relies on real-time data feeds from point-of-sale systems as well as infrared sensors over store doors and cash registers to count customers entering the store and standing at checkout lanes. The system also uses historical point-of-sale records to forecast the number of shoppers that can be expected and, therefore, the number of cashiers that will be needed. All this was done to achieve the goal of ensuring that customers never have more than one person ahead of them in the checkout lane. The system provides feedback by displaying customer checkout time…arrow_forward
- Use presentation software to create three slides that identify the top three things hope to learn from Management Information Systems this course and why each is important.arrow_forwardStrategic Plan ReviewYou are a member of the finance organization of a midsized manufacturer, with two years of experience with the firm. Your manager serves as a liaison between the finance group and the IS organization for budget review. The IS organization has just completed its annual strategic planning and budgeting process. Their plans, which include a $25 million budget (a 6 percent increase over last year), were forwarded to your manager for review. Your manager shared the IS strategic plan and budget with you a week ago and scheduled a meeting today to get your input and perspective. Review Questions What do you think are the hallmarks of a good strategic plan? Would you expect to see more funds allocated to system development or to buying existing software and using software service providers? Why? Submit the assignment to Dropbox. Critical Thinking Questions Your manager shocks you when she announces that she has recommended you for promotion and that one of your new…arrow_forwardI need answer typing clear urjent no chatgpt used pls i will give 5 Upvotes.i will give upvotesarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning