Explain the concept of unlimited liability

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Reference no: EM133291027

Assignment:

Choose any of the 16 Discussion Questions and craft a response, using the ABC model.

1) After completing his studies in architecture and securing his architectural license, John Smith wishes to start a business providing architectural design services to local schools, government, and hospitals. Should John form his business as a sole proprietor, partnership or corporation. Why?

2) Explain the concept of "unlimited liability". Why does a business owner want to avoid type of liability?

3) How is a horizontal merger different from a vertical merger? Provide examples.

4) What is meant by this statement "If you fail to plan, you plan to fail."

5) Assume you are a manager in your current work environment. What activities do you engage in on a daily or weekly basis that connect to the four functions of a manager: planning, organizing, leading, and controlling? Be specific in naming the activities and show how they are related to the four functions.

6) Describe your leadership style. Do you consider yourself an autocratic, democratic, or free-rein leader? Why do you characterize your leadership style as such.

7) How is a leader different from a manage? Provide examples of a manager and leader, either in the work place, community, government, or society.

8) Explain the concept of empowerment. How have you been empowered by someone, or how have you empowered others ?

9) Name 2-3 examples of a formal organization and informal organization in the work place. Explain why they are formal or informal.

10) Explain the "unity of command" principle espoused by Henri Fayol. Do you think it's the right thing to apply this principle in the workplace? Why?

11) How does the "unity of command" contrast with the matrix style of management? Please elaborate.

12) What are the duties of an operations manager?

13) If you are a manager, which theory (and by whom) would you use to motivate your employees? Why and how is this theory implement?

14) Explain, in your words, the motivation theory espoused by Frederick Herzberg. What factors motivate workers and what factors cause workers to be dissatisfied with their work and have little effect to their level of motivation. Do you agree or disagree with Herzberg's position that when an employee gets a higher paycheck, the additional money received has no or little effect on his/her motivation on the job. Defend your argument.

15) Do you consider yourself a Theory X or Theory Y manager? Why and why not?

16) Explain job enrichment, job enlargement, and job rotation. Why do employers provide employees with these job variations.

Reference no: EM133291027

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