the Areas of Concern to Develop and test a Business Model

Q: xplain two legal or ethical principles that business owners should adopt in the establishment and…

A: A business is established to meet the demand for a product or service. It is thus a result of…

Q: Explain the advantages of Management by Objectives

A: Introduction Management by objectives refers to the strategic approach or conceptual framework of…

Q: What is a business reseach methods

A: Business research methods are the techniques used by management to collect, analyse and disseminate…

Q: Give an example of how social issues impact a well-established firm. Explain why

A: Any organization is surrounded by several external and internal factors which can be either…

Q: Outline THREE challenges faced in setting up a business

A: Business  The activity which is concerned with earning some money to live. It is about to engage in…

Q: Explain the contribution of the critical path method regarding controlling business activities.

A: Critical paths tend to analyze the longest path or duration to complete a certain task. Further, it…

Q: Give examples of internal and of external stakeholders of a company.

A: For a company to exist there are various factors which need to come together for it to function…

Q: State and explain different functions of management.

A: Management: It is involved in managing, forecasting, commanding, and coordinating the activities of…

Q: business model of one company can be the same or different from other companies?

A: The business model defines the products and services that a particular company offers in a market,…

Q: How does MIS apply to the overall operation of the businesses?

A: Business operations are the overall activities that are performed in a business…

Q: Explain the relationship among profit, business risk, and the satisfaction of customers’ needs.

A: Profit - It is the net amount the company is left with from the revenue after deducting all the cost…

Q: Explain business ethics as the base of business strength.

A: Business ethics refers to the set of norms and fundamental principles that need to be followed when…

Q: Identify and describe briefly the four stages of the business cycle.

A: The four stages of the business cycle are: Expansion Peak Contraction Trough

Q: Discuss five fundamental functions or principal of management

A: Manufacturing is the process of creating products—either manually or mechanically—that the company…

Q: Describe the three major forms of business organizations and identify the advantages and…

A: There exist various forms of organizations and their operational practices differ from each other…

Q: Examples of business theories

A: Business theories are proposed regulations or rules that can be utilized to depict markets, rivalry,…

Q: A Business where the owner enjoys a particular craft or activity occasionally and wish to make money…

A: An activity that is pursued by an individual without intent to generate a profit is known as a…

Q: Strategies to attract partnerships in a charity organization

A: Partnerships refer to a business structure where two or more individuals or businesses come together…

Q: List and define the three forms of for-profit businesses listed in the textbook.

A: When commencing a business, deciding the legal structure is one of the most important practical…

Q: Introduce the trivago company business

A: It was founded in the year 2005, Trivago offers online services and products related to hotels and…

Q: Compare Formal and Informal Groups of Businesses?

A: There are many organizations these days which are active as digitalization is there and also because…

Q: Identify and describe a suggested outline of a business plan.

A: ''Question is authored in general about outline of a business plan'' The organization's primary…

Q: What are the rules that govern organizations and govern the social responsibility of business in the…

A: Corporate Social Responsibility Corporate Social Responsibility (CSR) is a management concept that…

Q: Explain the purpose of a business model.

A: More limited than a marketable strategy and longer than a statement of purpose, a business model is…

Q: Define the components of the internal and the external business environments.

A: Business means the firm’s collective effort to make revenue by buying and selling merchandise and…

Q: Explain and List the four main areas of business

A: A Business Area is an organisational unit which refers as a seperate segment amoung various other…

Q: Explain with the aid of an illustration Enterprise Architecture components and their purpose in…

A: Enterprise architecture is a concept-based design that describes the framework and work of…

Q: Give a Characteristics of a Good Business rule?

A: Business rules, in their simplest definition, are directives that define business activities.…

Q: Explain the following as franchising benefits: * Training * financial assistance * operating…

A: Ans. Franchisee is it that concept of business in which a reputed business organisation gives…

Q: Discuss the need for a universal business model structure.

A: A business is an artificial entity that is run with the help of the employees at different levels of…

Q: 4. List and explain the Five components of the business processes

A: The process that includes the series of different step in order to perform by the shareholders which…

Q: Explain 4 business performance indicators you will suggest to help improve the competitiveness of a…

A: Financials indicator: The most important is the financial indicator of the business as a whole. To…

Q: What is a business model? Explain examples of successful business models

A: Every business organization makes strategies to run its business and earn a profit. Every…

Q: Do laws and regulations always restrict or impede the efforts of business professionals, or can they…

A: The government laws and regulations have a significant role in the business. As the change in the…

Q: Why is it important to develop a business plan

A: Whether someone is commencing a small business or reconnoitering ways to increase a current one, a…

Q: Instructions Explain how an understanding of the industry where a company operates can directly…

A: Industry investigation is a market appraisal device utilized by organizations and investigators to…

Q: business opportunities can be evaluated by your organization using different investment appraisal…

A: The Merit of Potential Business Opportunities Business opportunities can be evaluated by your…

Q: HOW TO CREATE A SUMMARY OF BUSINESS MANAGEMENT

A: Business Management summary writing is certainly not easy. It is a long and, energy-consuming…

Q: Need soon plz help.... Explain briefly the ideals of business ethics.

A: Business morals is the investigation of suitable business approaches and works on with respect to…

Q: Risk and problems in coffee shop business

A: Before you start a café (or any sort of private venture) it's judicious to have a firm comprehension…