The relevance of commercial cookery and hospitality management courses to my previous study and employment background (future goals & ambitions).
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The relevance of commercial cookery and hospitality management courses to my previous study and employment background (future goals & ambitions).
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- Ways of improving my entrepreneurial skills (communication, time management and negotiation skills). Each skill development shall be structured as the GROW planning model Goal Reality Options Will1- 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 creative1. Why is business plan important when planning a business? 2. Why is knowledge about the structures of markets in which the firms operate important? How could this be of help to you in order to understand the differences in prices and services? 3. What is the importance of a business plan?
- Assume that you and two friends are debating whether to open a restaurant that will be called Cozy Kitchen. Initially, Cozy Kitchen will open three stores locally, but the business plan anticipates going nationwide within five years. Currently, you and your future business partners are debating whether to focus Cozy Kitchen as a “do-it-yourself” or “do-it-for-me” business. A do-it-yourself business emphasizes the sale of ingredients for predetermined meals which customers can choose from a menu and the ingredients for the meals will be delivered to customers. The customers will prepare the meals themselves at their homes. A do-it-for-me business emphasizes the sit-down restaurant with a take-out meal option for customers. 1. In groups of three or four, discuss whether to implement a do-it-yourself or do-it-for-me business emphasis. List the advantages of each emphasis and arrive at a conclusion as to which emphasis to implement. 2. Provide examples of real-world businesses…(1) The marketing plan is the most significant component of the business plan since the entrepreneur cannot determine the firm's feasibility without completing market research. True or False? (2) Sales forecasting can be done even without doing a market survey. True or False? (3) The most important part of a business model canvas is the cost structure. True or False? (4) Discounts and freebies are some of the ways a firm can establish a positive relationship with its clients. True or False?Walmart is the company that I am writing my paper on.OutcomesA. Efforts: Describe the cultural awareness and civic engagement efforts in which your business will be involved. What is the best desired potential outcome of these cultural awareness and civic engagement efforts?B. Alignment: How do these efforts align to the corporate mission, vision, and values?C. Impact: How will the alignment of the cultural awareness and civic engagement efforts with corporate mission, vision, and values improve corporate exposure and profits? In your response, you could consider the impact of the alignment of concepts such as return on investment, sustainability, and the community served by the business, for example.
- mention the short-term objectives of a start-up soap company (and explain why)Based on the needs analysis, identify goals for improving management of fiscal and economic resources of a healthcare organization. What further information do I need in order to enact my plan of action? What theories do I intend to use to support my plan and actions?Discuss below essay. Reaction to the essay below. Do you agree or disagree? One Company I have always wanted to work at is Nike. I have always admired their dedication to research and development. The fact that they are always creating new and improved products for the consumer and the fact that they constantly update their catalogs to provide quality products to their consumers. Nike’s massive size and ability to plan and decision making at such a high level is impressive. First, they have divided the company into three main functions of apparel, equipment, and footwear which works from upper management all the way down to the retail section of the company. This keeps everything focused and creates division so that workloads for management and lower-level employees are fair and balanced. Second, at Nike Leadership is designed in tiers so that associates aren’t responsible for reporting to multiple people. Leadership positions only report to those above them so as to keep the chain…
- Now that you have identified a problem, provided a business idea to solve the problem and alsoreflected on your own entrepreneurial characteristics and possible business risks, you are nowgoing to interrogate whether your idea is indeed a business idea or a business opportunity, youwill also analyse the environment to assess whether environmental conditions are favourable foryou to enter into the business world.As with other tasks, you will need to conduct research beyond the textbook in order to completethis task.1. Justify whether your proposed solution/idea meets the characteristics of a successfulproduct or service idea.NB: Refer to characteristics of a successful product or service idea.BUSINESS FINANCE 1. As a student, what practical benefits can you gain from learning business finance? 2. Can you give me person that you know who is very good in budgeting or in financial matters and kindly share to us his/her good practices. 3. What is the major role of the board of directors in an corporation? 4. What’s the differences between the VP MARKETING AND VP ADMINISTRATION? 5. What is the differences between wealth maximization and profit maximization? 6. Name one CEO and share his/her advocacies that you would like to evaluate and live by. 7. What was your personal experience regarding budgeting your own money? How did you overcome any difficulty? 8. What do you understand with the terms savings and investment?Please solve this question, I will be really greatful to you.. help please Question) Propose a biofuel startup. Briefly describe your business model and do a SWOT analysis.