EBK MANAGEMENT
12th Edition
ISBN: 9780100546561
Author: DAFT
Publisher: YUZU
expand_more
expand_more
format_list_bulleted
Question
Chapter 6, Problem 7DQ
Summary Introduction
To determine:
The personal skills that financial backer looks for in the manager. What all skills essential at the time of dealing with friend and family? Do these considerations have any impact on the financing strategy?
Introduction:
Personal traits represent the characteristic pattern of behaviors, feeling, and thoughts of people. It reflects the behavior, mindset, character, and attitude of an individual towards others.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
If your personal credit is shaky at the moment and youdon’t have a lot of cash to invest in a new business, whatsteps could you take to get a new company going?
How have the lingering effects of the recession changed the way you manage your personal finances?
If you had to start a business right now and generate profit as quickly as possible, what kind of business would you start? Explain your answer.
Chapter 6 Solutions
EBK MANAGEMENT
Ch. 6 - Prob. 1OTJVCCh. 6 - Prob. 2OTJVCCh. 6 - Prob. 3OTJVCCh. 6 - Prob. 1DQCh. 6 - Prob. 2DQCh. 6 - Prob. 3DQCh. 6 - Prob. 4DQCh. 6 - Prob. 5DQCh. 6 - Prob. 6DQCh. 6 - Prob. 7DQ
Ch. 6 - Prob. 8DQCh. 6 - Prob. 9DQCh. 6 - Prob. 10DQCh. 6 - Prob. 1EECh. 6 - Prob. 2EECh. 6 - Prob. 3EECh. 6 - Prob. 4EECh. 6 - Prob. 5EECh. 6 - Prob. 6EECh. 6 - Prob. 7EECh. 6 - Prob. 8EECh. 6 - Prob. 9EECh. 6 - Prob. 10EECh. 6 - Prob. 11EECh. 6 - Prob. 12EECh. 6 - Prob. 13EECh. 6 - Prob. 14EECh. 6 - Prob. 15EECh. 6 - Prob. 1SGBCh. 6 - Prob. 1EDCh. 6 - Prob. 2EDCh. 6 - Prob. 3EDCh. 6 - Prob. 1CFCACh. 6 - Prob. 2CFCACh. 6 - Prob. 3CFCA
Knowledge Booster
Similar questions
- How to grow your telecommunications company so you Would benefit from your business?arrow_forwardWriting a business plan is your map to 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. Your challenge can be unique to either a start-up or on-going business or both.arrow_forwardYour goal is to become the CEO of a multi-million-dollar food manufacturing corporation. You’ve had successes in the past running fast food franchises. What are your top business strategies to achieve your goal and how will you plan to execute them?arrow_forward
- Should you write a business plan even if you do not need outside financing? Why or why not?arrow_forwardIf an individual needs funds to finance a small business and does not want to finance the business using loans, what other sources of funding might be available? Briefly describe each potential source of funding and indicate what kind of business enterprise would be the ideal candidate for each source of funding.arrow_forwardIf you were one of the founders, how would you prioritize how you spent your time in the first weeks on the job after getting the venture capital funding?arrow_forward
- Assume that you are the owner of a successful small-to-medium-sized business. You want to grow your business and separate it from your personal finances. What should you do? How will you do it? In regard to dividends and earnings, when and how should you and other owners be rewarded? What are examples of each type of dividend? Why do some large corporations forgo dividends?arrow_forwardHow does starting an online business differ from starting a small business such as a local auto repair shoparrow_forwardWhat are some financial issues and problems entrepreneurs deal with, and how can they conquer them?arrow_forward
- Assuming that you are a local investor and would like to open a business in one of the tourist destinations. Do you hire local staff? What sort of training do you have for your staff?arrow_forwardTell me about the way you run the business.arrow_forwardWhy do you think selling or owning a business that sells home appliances is not a bad idea? And why should I build a business like this?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