Question: Part A: In a numbered list, name and describe three (3) reasons why businesses fail.What initiatives, or actions, in the case could reduce the risk

Part A: In a numbered list, name and describe three (3) reasons why businesses fail.What initiatives, or actions, in the case could reduce the risk of failure?Support your answer. (5 marks)

Part B: In numbered lists, describe three (3) advantages and three (3) disadvantages of small business ownership. How do the initiatives in the case help with both the advantages and the disadvantages?Support your answer. (5 marks)

Part C: In a numbered list, name and describe four (4) first steps people need to take to start their own business?What initiatives, or actions, in the case will help, or have already helped, with these steps?Be sure to talk about concepts related to the business model and feasibility section of the business plan. Support your answer. (5 marks)

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 Marketing Questions!

Figure 4-38 includes an EER diagram for a medium-size software vendor. Transform the diagram into a relational schema that shows referential integrity constraints (see Figure 4-5 for an example of...

Using the pre-read case study provided, answer the three questions below. To garner full marks you must support your answer with specific examples from the case. Part A: In a numbered list, name and...

In a numbered list, name and describe three ( 3 ) reasons why businesses fail. What initiatives, or actions, in the case could reduce the risk of failure? Support your answer.

QUESTION 1. Identify and reflect on different perspectives (two (2) or more) about Aboriginal and/or Torres Strait Islander Peoples that led to what is known as 'the stolen generation' occurring, the...

Question 1 Riskless profit, also known as Covered Interest Arbitrage (CIA), can be made through international arbitrage. However, arbitrage activities will eventually cause prices to realign until an...

Assessment Details Qualification Code/Title ICT50220 Diploma of Information Technology Assessment Type Assessment -01 (Written Questions) Time allowed Due Date Location AHIC Term / Year Unit of...

Business Requirements [Business requirements describe what deliverables are needed, but not how to accomplish them. Business requirements identify what the organization needs to do or have in order...

Q1 Q2 Q3 Q4 Q5 Q6 Globalisation has led to increased international trade worldwide. Letters of Credit (LC) play an important role in facilitating international trade. Required: (a) Describe the role...

and customer services. We need to make sure that any data we collect is clean, correct, and useable across ule organization." You agree, saying, "Of course, with such a large amount of data, you need...

[Business requirements describe what deliverables are needed, but not how to accomplish them. Business requirements identify what the organization needs to do or have in order to stay in business....

List all parts of the production process at SUBWAY SANDWICH shop. What kind of process is it - continuous, intermittent, batch or project? Can technology be used to improve the process?

Blink, Inc. is a manufacturer that uses a job-order costing system. At the beginning of April 2020, Blink had two jobs in process, Job v and Job w. During April 2020, Blink continued working on Job v...

Abe is calculating a stock investment risk. If the hypothesis is H 0 : 1 H A :

In a Tic Tac Toe game two players, X and O, take turns to mark the spaces in a 3X3 grid. The winner will be the player who first succeeds in placing three of his/her marks in a horizontal, vertical,...

3. What do the plus signs and negative signs signify in the U.S. balance-of-payments statement? Which of the following items appear in the current account and which appear in the capital and...

9. Would it be accurate to think of a fixed exchange rate as a simultaneous price ceiling and price floor? LO41.2

7. Explain why the U.S. demand for Mexican pesos is downsloping and the supply of pesos to Americans is upsloping. Assuming a system of flexible exchange rates between Mexico and the United States,...