Understanding Business with Connect Access Card
12th Edition
ISBN: 9781260277142
Author: William Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter 5, Problem 3CE
Summary Introduction
To determine: The task performed, skills needed and opportunity outlook of the information technology support service field.
Introduction:
Information technology support service help and provide advices to the organizations and people who use the computer software or equipment.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
You have just graduated from the MBA program of a large university, and one of your favorite courses was “Today’s Entrepreneurs.” In fact, you enjoyed it so much you have decided you want to “be your own boss.” While you were in the master’s program, your grandfather died and left you $1 million to do with as you please. You are not an inventor, and you do not have a trade skill that you can market; however, you have decided that you would like to purchase at least one established franchise in the fast-food area, maybe two(if profitable). The problem is that you have never been one to stay with any project for too long, so you figure that your time frame is 3 years. After 3 years you will go on tosomething else.
You have narrowed your selection down to two choices: (1) Franchise L, Lisa’s Soups, Salads, & Stuff, and (2) Franchise S, Sam’s Fabulous Fried Chicken. The net cash flows shown below include the price you would receive for selling the franchise in Year 3 and the forecast…
What is the difference between standard of living
and quality of life?
What is risk, and how is it related to profit?
What do the terms stakeholders, outsourcing, and
insourcing mean?
What are some of the advantages of working for
others?
What benefits do you lose by being an
entrepreneur, and what do you gain?
What are the five factors of production? Which
ones seem to be the most important for creating
wealth?
What are four ways the government can foster
entrepreneurship?
What is the difference between effectiveness,
efficiency, and productivity?
What is empowerment?
What are some of the major issues affecting the
economy today?
What major factor caused people to move from
farming to manufacturing and from manufacturing
to the service sector?
What does the future look like for tomorrow’s
college graduates?
What is the difference between macroeconomics
and microeconomics?
What is better for an economy than teaching a
man to fish?
What does Adam Smith’s term invisible hand
mean? How…
Write a business plan on how you are going to operate. Regardless of whether you are interested in taking over an existing business or starting a new one; they both have challenges that you will need to overcome in order to succeed. Discuss one of the challenges in starting a new business and how you may be able to address that challenge with a well-designed business plan, as well as how the pandemic has been a main challenge. Your challenge can be unique to either a start-up or on-going business or both.
Chapter 5 Solutions
Understanding Business with Connect Access Card
Ch. 5.1 - Prob. 5.1AQCh. 5.1 - Prob. 5.1BQCh. 5.1 - Prob. 1TPCh. 5.1 - Prob. 2TPCh. 5.2 - Prob. 5.2AQCh. 5.2 - Prob. 1MEDCh. 5.2 - Prob. 3TPCh. 5.2 - Prob. 4TPCh. 5.3 - Prob. 5.3AQCh. 5.3 - Prob. 5TP
Ch. 5.3 - Prob. 6TPCh. 5.3 - Prob. 7TPCh. 5.3 - Prob. 8TPCh. 5.4 - Prob. 5.4AQCh. 5.5 - Prob. 5.5AQCh. 5.5 - Prob. 5.5BQCh. 5.5 - Prob. 5.5CQCh. 5.6 - Prob. 9TPCh. 5.6 - Prob. 10TPCh. 5.6 - Prob. 11TPCh. 5 - Prob. 1CECh. 5 - Prob. 2CECh. 5 - Prob. 3CECh. 5 - Prob. 4CECh. 5 - Prob. 1CTCh. 5 - Prob. 2CTCh. 5 - Prob. 3CTCh. 5 - Prob. 4CTCh. 5 - Prob. 1DCSCh. 5 - Prob. 2DCSCh. 5 - Prob. 3DCSCh. 5 - Prob. 4DCSCh. 5 - Prob. 5DCSCh. 5 - Prob. 1PPTCh. 5 - Prob. 2PPTCh. 5 - Prob. 1VCCh. 5 - Prob. 2VCCh. 5 - Prob. 3VC
Knowledge Booster
Similar questions
- You are about to finish the business degree in near future. There are different options afterwards, most of the students seek job opportunities, and many of the students decide to manage their family businesses. In recent times, entrepreneurship studies got much interest among young graduates and people tend to establish independent units. If you choose to become an entrepreneur, why would you choose to be? In case you choose not to become an entrepreneur, what would be the reason? Also prepare your own SWOT analysis.arrow_forwardWhy is it important to have a mentor for your professional business career?arrow_forwardDescribe how the internet has helped a certain business operate more efficiently. Could you provide an example and describe its likelihood of being profitable?arrow_forward
- What are some of the main similarities and differences between for-profit and nonprofit ventures? Give one specific example that highlights that difference from a nonprofit and for-profit organization of your choosing.arrow_forwardExplore the UPS website (www.ups.com) and answer the following question: What kind of information and services does the website provides for individuals, small businesses, and large businesses? List these services and write several paragraphs describing one of them. Such as UPS Trade Direct or Automated Shipment Processing. Explain how you or your business would benefit from the service.arrow_forwardWhy do you like to go to business? If you prefer employment, Why?arrow_forward
- Can you explain in your own words in one brief paragraph why your journey with technology can never end (unless you decide to or are required to retire from work/business one day)?arrow_forwardSuccessful entrepreneurs are willing to take risks, explore new ideas, and ask questions when required. Discuss if you agree or not.arrow_forwardYou have been employed at Small Enterprise Finance Agency (Sefa) as a mentor for up-and-coming entrepreneurs. The client comes to you requiring to be mentored in starting his business. However, he has no idea where to start. As a mentor of prospective entrepreneur provide and advice about all the aspects the client has to take into consideration when starting a business venturearrow_forward
- I have to write a grant for the Lasting Legacy Wildlife Museum (link to website below) for a family member. They have not been able to work since his heart problems. I need help writing a grant to keep their business alive. I have no idea where to start or how grants work. If you could help me I would really appreciate it. This business means a lot to my family members. https://thelastinglegacywildlifemuseum.centurylinksite.netarrow_forwardWHO WILL BENEFIT FROM A WELL-WRITTEN BUSINESS PLAN?arrow_forwardWhat are the role of your neighbors, friends, family members and the community if you are going to put up a business?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub