Principles of Management
Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
Textbook Question
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Chapter 7.5, Problem 3CC

What are the benefits to small firms of doing business internationally, and what steps can small businesses take to explore their options?

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The Managing director for my manufactoring company has just reached out to you to let you know the Management Team has met and they want to move forward with your expansion plan to the Philipines.  They want you to prepare a PowerPoint Presentation with the information you have presented to the Board of Directors for final approval.   The Director noted you will have 30 minutes with the Board of Directors to present the expansion plans, so you must make sure your PowerPoint has an impact. You will use the information you have researched and presented to the management team in the notes section and add visuals to the slides.  What kind of Leadership Style do you feel will be most appropriate for the Philipines.   The ideal PowerPoint will include slides for each of the following using extensive speaker notes for your content:  Introduction: Talk about yourself and your background. Country Background: Provide a brief overview of the Philipines you have chosen and why you think it will…
The Managing director for my manufactoring company has just reached out to you to let you know the Management Team has met and they want to move forward with your expansion plan to the Philipines.  They want you to prepare a PowerPoint Presentation with the information you have presented to the Board of Directors for final approval.   The Director noted you will have 30 minutes with the Board of Directors to present the expansion plans, so you must make sure your PowerPoint has an impact. You will use the information you have researched and presented to the management team in the notes section and add visuals to the slides.  What kind of Leadership Style do you feel will be most appropriate for the Philipines.   The ideal PowerPoint will include slides for each of the following using extensive speaker notes for your content:  Introduction: Talk about yourself and your background. Country Background: Provide a brief overview of the Philipines you have chosen and why you think it will…
The trend is to 'flatten' organizations.  By doing this, the employee is given more authority to make decisions.  What problems do you see with this increase in decision-making authority?

Chapter 7 Solutions

Principles of Management

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...

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