Stacey owns a pet-sitting business. People hire her to take care of their pets when they go out of town. As part of her service, Stacey also brings in her client's mail and waters their plants. Her business is booming, and she needs to make some critical decisions about its future. Help Stacey decide what to do now. Should she expand her business? Add employees? Take on a partner? List down all the advantages and disadvantages of each suggestion.
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Stacey owns a pet-sitting business. People hire her to take care of their pets when they go out of town. As part of her service, Stacey also brings in her client's mail and waters their plants. Her business is booming, and she needs to make some critical decisions about its future.
Help Stacey decide what to do now. Should she expand her business? Add employees? Take on a partner? List down all the advantages and disadvantages of each suggestion.
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- “Anyone [can be an entrepreneur] who wants to experience the deep, dark canyons of uncertainty and ambiguity; and who wants to walk the breath-taking highlands of success. But I caution, do not plan to walk the latter, until you have experienced the former” – Anonymous quotei. With reference to the anonymous quote above, not all entrepreneurial undertakings that experience the deep, dark canyons of uncertainty and ambiguity walk the breath-taking highlands of success. Identify and explain the factors that cause failure of the start-up entrepreneurial undertakings in Zambia. Illustrate your answer using at least one example of a business that failed within five years of its establishment.Ali spent much of his childhood playing and working in his mother and aunts antique shop. His interest, involvement, and love of antiques led him to attend a school of art and design. Upon graduation, Ali decided to start his own antique shop and is in the process of completing his business plan.What are the questions that you would pose to Ali in order to help him select the form of ownership for his antique shop? What suggestion can you make to help Ali improve his business plan.Reaction to discussion below. Do you agree or disagree? Any additional thoughts? It is important to understand that for a business to succeed, being motivated and hardworking does not guarantee a good positive outcome for the company. There are other key factors that have to be in place in order to put the company on a path for success. These factors include effective planning and decision-making with a systematic approach that considers the available information, the goals and objectives of the organization, and the potential outcomes of different decisions. One of the companies I admire the most today is Apple. I because of how it started and all the changes they had to go through to become the company they are today. Apple is well-known for its innovations in hardware, software, and services. Thanks to them, it grew from some 8,000 employees and $7 billion in revenue in 1997, the year Steve Jobs returned, to 137,000 employees and $260 billion in revenue in 2019. Much less well…
- (Strategic Management) a) Mike and Henry both work in the same company, while Mike holds a much higher position in management where he is in charge of formulating strategies and Henry’s work mostly involves implementing. Discuss how their jobs are different. describe briefly. b) Despite playing different roles in the strategic management process both of them are equally responsible for ensuring that the culture of the company is cooperative and everyone is interested in managing and welcoming strategic changes. What can be done to ensure this? describe briefly.Johnny and Ash have not yet incorporated their new company. However, each has already invested $50 000 into the business by depositing the money into Johnny’s business account. Johnny is negotiating the purchase of a small factory in his own name, and is purchasing the equipment and materials he will need to start manufacturing Organicola. Ash has also started spending 2 or 3 hours every evening writing a business plan and a marketing plan. (1) Have Johnny and Ash formed a partnership? If so, what are the legal consequences?Q1)What are the different types of Start-Ups? Explain it with an example the difference between Breakthrough innovation and Technical innovation? Q2)Explain the Entrepreneurial Process in your own words. What is Window for Opportunity? Q3)Consider an example of your own choice to explain the major differences between Entrepreneurship and Management when it comes to Decision making? Q4)What are the skills needed for an Entrepreneur to minimize the Risk in this modern world? Q5)What is the difference between Gordon method and Brainstorming? Q6)What are the important factors that an Entrepreneur should keep in mind when conducting business activities across national boundaries? Q7)What are the methods of generating new ideas? Explain why criticism is not allowed during group Brainstorming activity?
- Please explain right as well as wrong options (1) when rubberstamp productions, previously a small-time production house, grew in size, the first thing its cheif executive officer (CEO) did was establish a set og guildlines that detailed all priciples, standards, and procedures to be followed in the conpany's line of business. The CEO set specific standards on topics ranging from treatment of coworkers to protection of the environment to maintenance of financial records. this scenario illustrates that the CEO developed a a.) code of ethics b.) cognitive map c.) database of employee records b.) performance appraisal document (2) Rose found strong evidence that her supervisor was stealing confidential documents from the company. she immediately reported her manager's actions to the top management. Rose's action is an example of: a.) whistle-blowing b.) brainstorming c.) property deviance d.) personal aggressionCan you answer me as soon as possible , urgentttttt!!!!!!!!!!! You are the Business Development Manager of a leading manufacturer of high-priced apparel for children in Hong Kong, Cotty Care, which is famous in producing organic cotton clothes for kids with a mission of providing sustainable clothing to the new generations. The Board of Directors is exploring the possibility of exporting its product overseas as the firm still has idle manufacturing capacity. The directors believe there is a market for their apparel in Europe, which could generate extra sales and profit for the company. (a) What are the FOUR questions to address in analysing organizational readiness for international business? Illustrate each question with an example from Cotty Care’s case. Is Cotty Care ready for international expansion? Explain.PLEASE CITE YOUR REFERENCES IN APA FORMAT EVERY AFTER THE NUMBER. THANK YOU! What is strategic management for-profit? Please give examples What is strategic management for non-profit? Please give examples What is strategic management for small businesses? Please give examples Do you believe we can practice Porter's five generic strategies to these MSMEs (micro, small, and medium enterprises)? What are the benefits and drawbacks? Do you believe we can practice strategic management strategies to the majority of MSME (micro, small, and medium enterprises)? If so, which of these strategies is appropriate? What are the reasons for this?
