Question: Below are the objectives for this class. Show your learning by answering each question in 3 - 5 sentences per question. Explain the importance of

Below are the objectives for this class. Show your learning by answering each question in 3-5 sentences per question.
Explain the importance of small business in our economy, discuss the challenges of small business in our economy
Discuss the challenges of strategic management and develop a strategic plan for a small business
Evaluate the advantages and disadvantages of the forms of business ownership
Describe the marketing challenges faced by small business
Explain the importance of cash management to a small businesss success
Discuss sources of financing available to small business
Create a financial plan for a small business
Examine the operations of a business, including purchasing, location, layout, quality control and inventory control
Discuss the issues and challenges of human resource management
Develop strategies to manage growth and plan for management succession
Identify issues and sources of assistance regarding risk management, insurance, taxation and business law

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!