After graduating from college, Nour had a career with an advertising agency. Later on, she moved to a large hospital system as a PR director. However, she became dissatisfied with the limitations that corporate hierarchies imposed. At the age of 25, she gave up a promising corporate career to launch her own public relations firm and an upscale children’s clothing boutique. Nour is considered as a(n) _______________. * leapfrogger necessity entrepreneur corporate castoff corporate dropout
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- After completing her bachelor degree Amira choose to be an “entrepreneur” instead of being an “employee”. Write six reasons to support her choice.Fatima enjoys making delicious cakes and date halwas. Occasionally she sells these food items and earns some money. What type of business Fatima is doing? Large business Small business Lifestyle business Hobby businessmpany History and Profile Both Ito-Yokado and Seven-Eleven Japan were founded by Mr. Masatoshi Ito. He started his retail empire after the Second World War when he joined his mother and elder brother and began work in a small clothing store in Tokyo. By 1960, he was in sole control and the single store had grown into a $3 million company. After a trip to the United States in 1961, Ito became convinced that superstores were the wave of the future. At that time, Japan was still dominated by Mom- and-Pop stores. Ito’s chain of superstores in the Tokyo area was instantly popular and soon constituted the core of Ito-Yokado’s retail operations. In 1972, Ito first approached the Southland Corporation about the possibility of opening Seven-Eleven convenience stores in Japan. After rejecting his initial request, Southland agreed in 1973 to a licensing agreement. In exchange for 0.6 percent of total sales, Southland gave Ito exclusive rights throughout Japan. In May 1974, the first Seven-Eleven…
- Economics What are the strengths and weaknesses of this small business idea? My business name is Front-Line Childcare. It will be an extended-hour child care program for children of first responders and healthcare workers. My business concept will be in the industry of childcare, but it will focus on providing childcare for front line workers such as doctors, nurses, firefighters, and other front line workers. These harding working individuals whose job is to give back to the community is my target market audience. My business concept will also give back to this group by providing affordable childcare for their children.Mr. Ameer, the founder of Howdy, famous fast food restaurant in Islamabad, is considering expanding his menu, which is currently restricted to steak, burgers, potatoes, and fries. He has just read a book about entrepreneurship and learned that entrepreneurs should study ‘social trends’ to help identify new product opportunities. List the ‘social trends’ that might help Mr. Ameer to choose items to add to his menu.a. With reference to the business model canvas (as discussed in class), illustrate how the nine (9) elements interact in ascertaining how a business can sustainably generate revenues.
- 1, Goods on hand are not subject to taxation. True False 2, The construction industry includes everything from highly-skilled professions such as architects, engineers, and real estate attorneys, to unskilled labor. True False 3, States and municipalities receive much of their revenue through what kind of taxes? developmental international sales intrinsic 4. Which retailer was one of several businesses that capitalized on the expansion of railroads after the Civil War ended in 1865 by developing mail-order catalogues and was once known as the “everything store” prior to Amazon? Sears Target Walmart Harrod’s 5. Amazon is a great example of how a business can expand and grow with the use of what? technology merchandise healthcare red tape 6. What is an example of a product where the demand…1. In product distribution franchising, the franchisor provided operations manual and marketing plan. A. True B. False 2. When a franchisee purchase single unit from franchisor, he/she is still allowed to purchase additional single-unit once the original franchise unit begins to prosper. A. True B. False 3. Business format franchises are the most common type of franchise. a. True b. False 4. The three (3) major parties interested in the ratio analysis of the business are the following, except a. Stakeholders b. Management c. Creditors d. Shareholders 5. In product distribution franchising, the franchisor licenses its trademark and logo to the franchisees but typically does not provide them with an entire system for running their business. a. True b. FalseThe Success Story behind the National Bookstore Socorro Ramos entered the publishing and retail industry by working as a salesgirl at a bookstore. At the age of 19, she opened National Book Store in Escolta, Manila with her husband with a capital of only P 200.00, selling books and school supplies to students. At that time, Manila was under Japanese occupation who imposed censorship on books and periodicals. To augment their earnings, she and her husband resorted to selling other items like candles and soaps. After the post-war boom, the Ramoses opened a nine-story building along Avenida which made their bookstore more profitable. At 95, she still believes in the time-honored tradition of “hands-on approach” in business. She even designed the company’s logo herself. May this success story of Nanay Coring give inspiration and encouragement to all. You need someone like her that will serve as a model to bring out the best in yourselves to survive the crisis brought by…
- Recommended and explain 6 New strategies (formulated that are not already existing in their business strategies) that NETFLIX Should Implement in their business that can propel the company's business forward.Adverse selection and moral hazard are two important concepts we learned in class. (1) Give two specific examples on how to combat adverse selection in an insurance market. (6 points) (2) Briefly explain what is “signaling” (from an economist’s view) and how it may reduce adverse selection. (3 points) (3) Give two specific examples, one on moral hazard related to an insurance market, one on moral hazard not related to insurance markets. (6 points)Why is cooperative a good choice for Mark, Emiko, and the other farmers in their area?