in Small Business Management in the 21st Century it states.. that all researchers have come up with 5 types of value O True O False
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- ‘Success’ is subjective: one might feel successful if he/she has wealth, whereas others might believe that being successful means fulfilling one’s familial duties responsibly. Although the definition of success varies from one person to another, there can be many paths to success. A person can achieve success in life if … 1. Complete the thesis statement. 2. Write a suitable topic sentence for the 1st body paragraph. 3. Write a suitable topic sentence for the 2nd body paragraph. 4. Write a suitable topic sentence for the 3rd body paragraph. 5. In 30-50 words, write a suitable conclusion for the essay. 6. Write an appropriate title for the essay.Good day Can yo please assist on the follwing Martin and Lorraine are Engineering graduates who have struggled to find employment postuniversity. They have both decided to use their savings to start a business. They have decided tostart a small fruit and veggie business in their area. Given that they live in a busy township, theyare confident that their business will be a success as there is a market for it. Their biggestchallenge however is their limited knowledge on business management and entrepreneurial skillsand thus, requires you to play the advisory role for the business. 1.Strategic, Marketing and financial skills are some of the skills required for entrepreneurship. Using examples, discuss how these skills may be beneficial to Martin and Lorrain’s business.According to our study of microeconomics, what does the term "Fallacy of Composition" mean? A) None of the above. B) That you should trust in luck. This is part of the free market theory. C) If two things correlate with each other, then one factor must be causing the other factor to change. D) What is true or good for me is obviously true and good for everyone else. [ dont use chatgpt i will 3 upvot]
- Ben has been a fine student at college and his family consisting of widowed mother and a sister were optimistic of Ben being placed in a high pay job. Hailing from a small town like Bhopal, his religion has been considered a minority keeping him challenged in getting placed in government jobs in the state despite his excelling performance in placement tests. Beena is just 2 years younger than Ben and she has completed her master’s in management has been facing the same challenges as her brother. She is of a marriageable age which worries their mother of her future. Only if Ben is employed will the family be saved. Having spent most of their father’s earnings in education, the family was finding it difficult to meet the ends and the COVID-19 situations have shattered any scope of being placed anytime soon. As a life saver, WinWin Life a private life insurance company has hired Ben as a sales representative. He has been working in that company for more than a year now. Although a good…Consider the following thoughts of a manager at the end of the company’s third quarter: If I can increase my reported profit by $2 million, the actual earnings per share will exceed analysts’ expectations, and stock prices will increase. The stock options that I am holding will become more valuable. The extra income will also make me eligible to receive a significant bonus. With a son headed to college, it would be good if I could cash in some of these options to help pay his expenses. However, my vice president of finance indicates that such an increase is unlikely. The projected profit for the fourth quarter will just about meet the expected earnings per share. There may be ways, though, that I can achieve the desired outcome. First, I can instruct all divisional managers that their preventive maintenance budgets are reduced by 25 percent for the fourth quarter. That should reduce maintenance expenses by approximately $1 million. Second, I can increase the estimated life of the…Berlin Berlin, on the other hand, is a confident individual. He will work for money and will not hesitate to change jobs if the pay is higher. He works very hard for the company, but he also expects the company to work for him. He has no problem working a 60-hour week at his current job if he is financially compensated for it. Despite having a family and supporting his sick sister, he once quit a job because his boss refused to give him a raise because he was already making too much money. He is extremely passionate and driven. A supervisor at his previous job stated that, while Berlin did an excellent job for the company, his personality was so intense that they were glad to get rid of him. His former boss observed that Berlin seemed to be constantly pushing. If it wasn't for more money, it was for better perks; he never seemed to be satisfied. Discuss how you will use non-monetary incentives to keep Berlin interested and motivated.
- Auva and Chad knew that they wanted more out of life. Auva works as an inspector for the city health department, which involves inspecting restaurants and food service establishments to see whether they are operating according to local laws. Chad worked as an insurance agent for the first 10 years of their marriage and stays at home even though their kids are old enough to take car of themselves. Their home is paid for and their oldest daughter has received a scholarship to attend their local state university. Their son, Chester, is a senior in high school. Neither Auva nor Chad has much experience in owning or operating a small business, yet this is what they want to do when their son graduates from high school. They have been frugal and have saved over $200,000 for this venture. Auva will not be quitting her job for a while. This will leave Chad with the responsibility of running the business. What type of business to start and why?Mr Smith is CFO at a venture-backed tech start-up with revenues of $20 million and approximately80 employees. He has worked at the company for several years, and now reports to Mr Raphael,the company's newly hired CEO.The company had been doing really well, but recently big customers have been placing fewerorders and Mr Raphael is feeling pressure to show growth. This pressure is amplified because thecompany is venture-backed, and the investors expect results. While the company did well in thefirst round of funding, if they don't perform now, they may have trouble with gaining sufficientfunding in the second round, which could mean the end of the company.All of this was on Mr Smith’s mind when Mr Raphael came to him about recording a major orderthat was still under negotiation. The deal had not gone through, although both parties expected tocomplete the deal in the next week. With the current quarter ending in the next few days, includingthis order would give a significant boost to the…For about five years, Lucy and Betty have been working for Bright Fires at the same level of management and doing similar kinds of work. Lucy has been focusing on setting specific and difficult goals for herself and believes that exerting a high level of effort will result in the successful performance in her job. On the other hand, Betty compares herself to different managers, such as Meg, who works for the competitor in a similar work position. Betty feels disheartened when she finds out that she is significantly underrewarded at Bright Fires. From Betty's view in this situation, Lucy is a(n) A. empowerment evaluator. B. external comparison. C. cognitive distorter. D. valence generator. E. internal comparison.
- 7_________Joshua majored in entrepreneurship and computer science in college. After graduation, he decided to start his own business as an e-business entrepreneur, founding an online B2B reverse auction company called CompuServe. . After hiring several employees, Patrick requires that each person in this company be involved in studying trends involving new technology, competitors, and customers. These employees are involved in external analysis internal environment strategic management strategic flexibility SWOT analysisRita wants to be involved in business. She has a fair amount of money to invest, but she does not want to be involved in management. She wants to form a business in the quickest way possible onto her circumstance. Which form of business would be best for Rita?The founder of XYZ Company has decided to retire. He wants one of three children to take over leadership of the business - and he knows exactly who it should be. Other members of the family have their ideas as well. One segment of the family wants the oldest son, Michael to take over, but the founder thinks Michael is a melon head. The second son, Christopher, is a well-meaning and hard-working part of the business, but he just does not have what it takes to be a leader. Nonetheless, another group of family members favors him. Samantha, the youngest child, is as sharp as a tack, with solid experience and accomplishments under her belt. On an objective basis, Samantha would be the best choice for the business. She is the founder's choice to take over the company and has other family supporters as well, although not as many as for Michael and Christopher. This is a situation tailor-made for conflict. How do the Founder persuade Samantha to take over the company without causing…