When does it make sense to create a business using a minimalized approach to professionalization? Why is

Question:

When does it make sense to create a business using a minimalized approach to professionalization? Why is that so?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Entrepreneurial Small Business

ISBN: 978-0078029424

4th edition

Authors: Jerome Katz, Richard Green

See More Books

Question Posted: Oct 29, 2015 04:15 AM

See More Questions

Why does it make sense to standardize financial statements?
When does it make sense for a buyer to use a type A tax-free reorganization?
When does it make sense for a buyer to use a type B tax-free reorganization?
In Chapter 12 (p. 432), we described a study reporting that college students who are on Facebook (or have it running in the background) while studying had lower grades than students who did not use...
83, 460, 582, 177, 241 Rank the set of data.
A half-space filled with uniform isotropic dielectric with permittivity e has the conducting boundary plane. Inside the dielectric, at a distance l from this plane, there is a small metal ball...
A credit default swap requires a premium of 70 basis points per year paid semiannually. The principal is $$350$ million and the credit default swap is settled in cash. A default occurs after five...
Greg Stock is attempting to monitor a filling process that has an overall average of 705 cc. The average range is 6 cc. If you use a sample size of 10, what are the upper and lower control limits for...
Beginning Investment in the business: The owner of the company has invested $18,000 cash into the business. This increases the assets of the business from its zero balance. Owner's equity also...
A U.S. company owns an 80% interest in a company located on Mars. Martian currency is called the Martian Credit. During the year the parent company sold inventory that had cost $24,000 to the...
Could someone with good industry specific knowledge but low competency in basic business skills be successful as an entrepreneur in that industry? Why or why not?
What are the strengths and weaknesses of a team?
Futures are available on three-month T-bills with a contract size of $1 million. If you take a long position at 96.22 and later sell the contracts at 96.87, how much would the total net gain or loss...
Starburst is a company focused on solving the pains of data access. It provides a modern solution that addresses data silo and speed of access problems. Starburst product allows customers to analyze...
Suppose a painting is created and sold in 2010 for $ 5,000$. The expenses involved in producing the painting amounted to $ 2,000$. According to the sum-of-value-added method of calculating GDP,...
Review positions in sales from online recruitment platforms featuring advertisements for sales managers. Consider the following elements: i. The description of the role. ii. The level of education,...
One of the more interesting developments in sales force management is the use of customer feedback to improve the performance of salespeople. These programs go by a variety of names such as...
In an increasingly competitive world, especially in terms of sales, ethics and ethical conduct by salespeople is of great importance. How would you explain the principles of ethics to newly recruited...
Use the binomial theorem to expand each binomial. (2x + 3)
An investor sells a European call on a share for $4. The stock price is $47 and the strike price is $50. Under what circumstances does the investor make a profit? Under what circumstances will the...
Ethical dilemmas occur when there are two or more ethical principles that you hold that conflict in a certain situation. Below is a list of some commonly held ethical principles and some situation...
Matts etching business is still pretty small. He generates only a small amount of waste solvents and other hazardous materials. The quantities he has to dispose of are well below the amounts that the...
Legality and ethics are not the same thing. Sometimes the right decision from an ethical point of view may mean breaking a law or not exercising your right under the law. For example, a green light...
A farmer used to sell a carton of eggs for $2.50 each. At this price, the farmer used to sell an average of 2,500 cartons of eggs per month. When the farmer raised the price to $3.20, sales dropped...
You pay $32,000 today (t=0) and obtain (purchase) a 9 percent annuity (r=0.09) with 24 annual payments (you will receive 24 payments). The first payment on the annuity is made in two years (t = 2)....
The bank loan schedule for financing the new office requires $1,600 payment at the beginning of each month for 2 years, starting in 18 months later. However, interest on the bank loan still charges...

When does it make sense to create a business using a minimalized approach to professionalization? Why is

Question:

Step by Step Answer:

If you are running a business over a very short run eg a weekend a concert etc just ...View the full answer

Entrepreneurial Small Business

Students also viewed these Management Leadership questions