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Question 1.
When entrepreneurs accept and extend credit in their businesses there are risks and benefits. What are some types of consumer credit you have seen a business offer? If you owned a business, would you allow consumers to purchase items on credit? What are some of the risks and benefits you believe are associated with credit? What effect do you think credit has on a business profit and negotiated prices?
Question 2.
Imagine you own a busy shop in a small town. You sell commonly needed household items, as well as freshly made sandwiches and pizza. You have decided you need to hire someone to keep track of the finances. Who would you hire-a bookkeeper, an accountant, or both? Why? Explain and discuss the roles of bookkeepers and accountants. Differentiate between financial and managerial accounting.
Describe the benefits and issues that would be the result of your deployment of these security measures.
Which of the following will be used when exchanging information about a disorder in administrative systems?
How to create a link between strategy and operations. Try to provide a critical analysis to your approach in establishing this link.
Why is a company's owners' equity important for investors and lenders?
Investors required rate of return is 11%. What is the current value of the stock?
What kind of business rules could be used for sales transactions of the department store.
According to Herzberg's Two-Factor theory, which of the following factors is an example of a motivational factor?
Your task is to come up with some suggestions for leading this team. Come up with a bulleted list of your ideas.
Find an article or video offering advice on choosing the best financing option for a business. Post a link to the article or video.
State E (a party to both the WTO and NAFTA), wish to deliver overland freight transportation services in State C using trucks operating out of stations in State D and State E however using the roads in State C. May they do so? To what extent? Why?
Find at least two leaders to observe for 1-2 weeks. This person might be an administrator at the college, a president of a student club, a professional working
What are the three major business activities in which accountants play a major role? Give an example of each.
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