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- Title: Choosing the Right Form of Business for a Digital Start-upIntroduction: Nadia is an aspiring and driven entrepreneur with a passion for the digitalworld and she has an innovative idea for a new mobile app. She wants to establish her digitaltechnology start-up, but she's unsure about the most suitable form of business for her venture.Nadia's app, called "Edu Spot," aims to revolutionize the way people manage, track andcomplete their courses and assignments during university. She has conducted marketresearch, developed a business plan, and is now ready to formalize her business structure.Options for Business Forms:1. Sole Proprietorship: Nadia could choose to operate as a sole proprietor. This is thesimplest and least expensive form of business to establish. However, she would haveunlimited personal liability for the business's debts and obligations.2. Partnership: Nadia could partner with a friend Tom, who has complementary skillsand resources . They would share profits, losses,…Title: Choosing the Right Form of Business for a Digital Start-upIntroduction: Nadia is an aspiring and driven entrepreneur with a passion for the digitalworld and she has an innovative idea for a new mobile app. She wants to establish her digitaltechnology start-up, but she's unsure about the most suitable form of business for her venture.Nadia's app, called "Edu Spot," aims to revolutionize the way people manage, track andcomplete their courses and assignments during university. She has conducted marketresearch, developed a business plan, and is now ready to formalize her business structure.Options for Business Forms:1. Sole Proprietorship: Nadia could choose to operate as a sole proprietor. This is thesimplest and least expensive form of business to establish. However, she would haveunlimited personal liability for the business's debts and obligations.2. Partnership: Nadia could partner with a friend Tom, who has complementary skillsand resources . They would share profits, losses,…Title: Choosing the Right Form of Business for a Digital Start-upIntroduction: Nadia is an aspiring and driven entrepreneur with a passion for the digitalworld and she has an innovative idea for a new mobile app. She wants to establish her digitaltechnology start-up, but she's unsure about the most suitable form of business for her venture.Nadia's app, called "Edu Spot," aims to revolutionize the way people manage, track andcomplete their courses and assignments during university. She has conducted marketresearch, developed a business plan, and is now ready to formalize her business structure.Options for Business Forms:1. Sole Proprietorship: Nadia could choose to operate as a sole proprietor. This is thesimplest and least expensive form of business to establish. However, she would haveunlimited personal liability for the business's debts and obligations.2. Partnership: Nadia could partner with a friend Tom, who has complementary skillsand resources . They would share profits, losses,…
- Getting the feel of creating a business plan Textbook Problem 2.2 Please answer the following mock questions for a Fine Dining Steakhouse and Bar restraunt located in a large city: ANSWERS MUST BE CREATED AND MADE UP NO CORRECT ANSWERS! 1. Company goals Specify your long- and short-term goals as well as any milestones or benchmarks you will use to measure your progress. For instance, if one of your goals is to open a second location, milestones might include reaching a specific sales volume or signing contracts with a certain number of clients in the new market. 2. Target market Here, briefly explain who your target customers are. 3. Industry Describe your industry and what makes your business competitive: Is the industry growing, mature or stable? What is the industry outlook long-term and short-term? How will your business take advantage of projected industry changes and trends? What might happen to your competitors and how will your business successfully compete?Good day.please help me with the following Source: Rawes, E. and Coomes, K. 2019. What is Airbnb? What to know before becoming a guestor host. 13 September 2019. Digital Trends. [Online]. Available at:https://www.digitaltrends.com/home/what-is-airbnb/ [Accessed 10 February 2021].Additional reading:• Airbnb. 2019. Booking unique places to stay and things to do. [Online]. Available at:https://www.airbnb.co.za/ [Accessed 18 February 2021].• Airbnb. 2016. What is Airbnb? Travel Tips. 4 May 2016. [Online]. Available at:https://www.youtube.com/watch?v=XWUeChVZqgw [Accessed 18 February 2021]1- Entrepreneurs must set goals that are Specific, Masked, Actionable, Reasonable, Tacy Specific, Masked, Actionable, Reasonable, Time bound Special, Metered, Actionable, Reasonable, Timely Specific, Measurable, Actionable, Relevant, Time-bound 2- According to Mark Cuban, the #1 reason why entrepreneurs fail is Lack of money, lack of energy Lack of brain, lack of hard work Lack of family and professional connections Lack of good idea 3- Starting a new business guarantees freedom True False 4- Who is an intrapreneur? People who are responsible for internal activity in an entrepreneurial venture people who independantly set up big organizations people who take up entrepreneurial activity as part of a bigger organization 5- Successful entrepreneurs have following qualities They are highly emotional None of the above They care too much for self-respect They are very creative
- good day tutor! im here to cure my doubts i hv 1 question. please kindly help solve. Required: selected company: Pfizer Inc. 1. Prepare a PESTLE analysis for Pfizer Inc. (4 points for each component–political, economic, social, technological, legal, environment). Provide at least 6 relevant examples. It is suggested to take into consideration about the current situation happening nationally and globally. (such as Covid19/economic recession/all the downfall & downturns happened due to Covid19) Thats all. tutor, i hope for a clear, precise & easy-to-understand explantions. (non-plagiarized answers) thanks tutor! much appreciated~Please analyze google and tell me how they use information systems for STRATEGIC purposes. You can use the reference below. Chen, R., Lam, O., & Kenneth, K. (2007, February 1). Strategic Use of Information Technology - Google. eScholarship, University of California. Retrieved March 16, 2023, from https://escholarship.org/ Shvartsman, D. (2023, February 27). Google: One of the greatest inventions in history. Investing.com. Retrieved March 16, 2023, from https://www.investing.com/academy/statistics/google-facts/ please if you use any other link or sources other than the one stated, provide it for me. thank you.A proposed business (ice cream) should candidly evaluate the prowess, or ability, of its management team to satisfy itself that management has the requisite passion and expertise to launch the venture? Two of the most important factors in this area are:a) The passion that the sole entrepreneur or the founding team has for the business (ice cream) idea?b)The extent to which the sole entrepreneur or the founding team understands the markets in which the firm will participate?
- Above picture showed a model used in Business strategy. A. Illustrate this Model and show the disadvantages of this type ?. B. Analyze the model by finding out the different between this type and Hyper-competition.What options are available to John to grow and manage his business? How does each option fit with 401 Games, the competitive situation, and their customer segments? What resources are required to pursue each option? If you were John Park, which option(s) would you decide to do? Why?Please do not give solution in image formate thanku ReadThomas L. Friedman (2005) The world is flat a brief history of twenty-first century. Are the theories from Friedman still valid in 2023? Give an example. Also describe three things that could be done in a persons life to prepare to excel in what friedman describes as a flattening world