To be able to identify potential business opportunities that we can benefit from. Recall what you have learned and fill in the blanks on the following statements: 1. Basic other hand, wealth and an expensive way of living 2. It takes skills and talent to be able to recognize good business. whether it is some new ideas that you want to experiment with or a previous idea that you want to develop. 3. There are different ways by which you may generate ideas for your business. These Lare things that are essential for us and our wellbeing. On the Lare desires, luxury, and extravagance that signify include: (1) (2) ; (4) (3). ; and (5).
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- 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?Suppose that this particular study compared a large group of individuals who play squash regularly with those of an equal-sized group who get no exercise at all. Playing squash does provide a good cardiovascular workout. However, we also know that squash players tend to be affluent enough to belong to clubs with squash courts. Wealthy individuals may have great access to health care, which can also improve cardiovascular health. If our analysis is sloppy, we may attribute health benefits to playing squash when in fact the real benefit comes from being wealthy enough to play squash (in which case playing polo would also be associ ated with better heart health, even though the horse is doing most of the work). Or perhaps causality goes the other direction. Could having a healthy heart “cause” exercise? Yes. Individuals who are infirm, particularly those who have some incipient form of heart disease, will find it much harder to exercise. They will certainly be less likely to play squash…6b. 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 organization should Auva and Chad adopt? soleproprietorship
- Strategic Management Porter’s model is essentially a structural means of testing the competitive environment of an organization as to provide a clear understanding of forces at work. The task of the Strategist is to determine which of these forces are of the greatest important to the organization. EXPLAIN.Propose a strategic direction for Sharaf DGGive recommendations on the capabilities and processes that the company needs to develop in order to be competitive, and how to acquire themAbove 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.
- Strategic Management Porter’s model is essentially a structural means of testing the competitive environment of an organization to provide a clear understanding of forces at work. The task of the Strategist is to determine which of these forces are of the greatest importance to the organization. EXPLAIN.There are so many avenues through which the concepts of strategic management could be appliedin real life.Required: a. With reference to the business model canvas, illustrate how thenine (9) elements interact in ascertaining how a business can sustainably generaterevenues. b. Using an organization of your choice, practically demonstrate your understanding of theorganization’s business model.When applying Porter’s Six Forces model to a company we learn a lot about the marketplace and the competition in terms of competitive power and market attractiveness. Identify and briefly explain the competition related threat for a company like A&W. What role do complementors play for a company like A&W? Which force is the most critical to the fast food burger industry?
- Please answer these questions: 1. A brief summary of the article. 2. How well is the engineering managment problem addressed in the paper defined? What was the source of data that the author to investigate the problem? Contingency theory argues that there is no universal set of strategies applicable to allbusinesses (Ginsberg & Venkatraman, 1985; Lawrence & Lorsch, 1967). Indeed, this theoryconsiders organization as an open system which internal and external environment playimportant role in its strategies (Hoffer, 1975; Schoonhoven, 1981). The traditional contingencyresearch frameworks concentrate on the effect of internal and external environment factors(contingency variables) on the association between independent and dependent variables (Sousa& Voss, 2008). This effect is operationalized as the effect of interaction between contingencyand independent variables on dependent variable. A positive interaction effect implies to thepositive role of contingency variable…I'd like you to brainstorm Deciem Company and compare it to Kravebeauty. I'd like you to answer these questions based on the things I wrote below A) our points of indifference: Must be about Deciem company and these may be the things to STOP doing. Thereby freeing up resources for more important things B) competitors' point of indifference: This one must be about our competitor Kravebeauty. There may be opportunities to leverage and exploit value the competitor thinks is important but isn't1. A famous Oman dining chain needs to create menus that are tastier and include more things that consumers want and are able to pay for. How can 'information systems' support management execute this strategy? Which pieces of data does the organization like to collect? Also explain, how the reports can be helpful in assisting management make decisions relevant to improving menus and profitability? 2. Suppose you are a manager in an Omani organization that runs on a cross-border basis, what criteria will you use to determine if an application should be established as a global application or as a local application? Also explain the ways how the Internet can be utilized in International Information Systems. 3. On an ad hoc basis, Oman-based Mercedes-Benz car dealer Zawawi Trading Company LLC provided customer data to parent company. There is no real incentive for the dealer to share data with the company. How could this problem be solved by customer relationship management (CRM)…