Explain the major challenges you would face in running

Assignment Help Business Economics
Reference no: EM131216323

Dream Business

Please respond to the following:

• Discuss the most innovative idea you can dream up for a new business. Explain why you think it would be successful.

• Discuss the major challenges you would face in running such a business and how you would expect to overcome them. Provide specific examples to support your response.

Reference no: EM131216323

Questions Cloud

Partnership are undervalued : The net assets of the Cocke and Mass partnership are undervalued $20,000 at the time when Cocke and Mass agree to admit Siff as a partner. In the past, Cocke and Mass shared profits and losses equally. If the assets are sold at a $20,000 gain immedia..
Prepare an income statement for the month of july 2016 : Prepare a combined schedule of cost of good manufactured and cost of sold statement for the month of July 2016. Show computations pertaining to the missing values for raw materials and WIP control accounts - Prepare an income statement for the mont..
Convergence in the ms sense : Show by counterexample that convergence almost everywhere does not imply convergence in the MS sense.- Show by counterexample that convergence in the MS sense does not imply convergence almost everywhere.
Record the transactions in the relevant journals : Assignment - Journals, Ledger and Trial Balance. Record the transactions in the relevant journals. Post to respective ledger and sub-ledger accounts
Explain the major challenges you would face in running : Discuss the major challenges you would face in running such a business and how you would expect to overcome them. Provide specific examples to support your response.
Net income allocation is to be based on interest-salaries : Breeden, Myers, and Kowski are partners operating a business under the name of Professional Business Services. They are considering several ways to share the $24,000 net income earned from the first year's operations. If the net income allocation is ..
Provide example of change in labor force participation rates : Locate and incorporate outside research that gives evidence and explanation as to the possible causes of this decline. Provide an example of the changes in labor force participation rates over the last decade.
Which forms of convergence apply to random sequence : Consider the random sequence. - where is a Cauchy random variable with PDF,- Determine which forms of convergence apply to this random sequence.
Discuss single most important lesson any entrepreneur apply : Reflecting back on everything you have learned in this course, discuss the single most important lesson any entrepreneur should apply in order to be successful. Explain your rationale.

Reviews

Write a Review

Business Economics Questions & Answers

  The poverty line and the minimum hourly wage

Compared to their levels in 2003, the poverty line has ________ and the minimum hourly wage has ________.

  Marginal revenue curve that corresponds to the demand curve

Demand for football tickets at a state university is Qd x = 80, 000−12, 000p. The capacity of the stadium at that university is 50,000 seats (In other words, Qs x = 50, 000). Find the marginal revenue curve that corresponds to the demand curve. Find ..

  Regulated by the government taxi authority

In Komino City, the taxi industry is regulated by the Government Taxi Authority. A company can only supply taxi services, in Komino City, if it is issued a licence by the Government Taxi Authority. Suppose that the Government Taxi Authority issues on..

  Which operates a nationwide system of cancer clinics

Your firm, which operates a nationwide system of cancer clinics, has annual profits of $800 million and cash reserves of $500 million. Your clinics have a replacement value of $200 million, and fire insurance for them would cost $5 million per year. ..

  Deadweight loss arises because

An overallocation of resources in an industry means that for the last unit produced, In long-run perfectly competitive equilibrium, economic efficiency is achieved because. The desire to have government intervene to correct market failure and establi..

  Non-price competition firm uses to gain edge on its rivals

Zara, a clothing manufacturer and retailer based in Spain, is unique for providing just-in-time low-cost fashion. The company designs new collections in only four or five weeks, quickly reacting to trends, such as what is stylish on a music video, in..

  What is the present value now of the total revenue

Barney's Liquids and Aunt Bee's Lemonade plan to expand their international partnership for the marketing and distribution of ready-to-drink tea products by adding 12 countries to their current markets. If the agreement is reached, operations are exp..

  Located in the middle of residential neighborhood

XSU is located in the middle of a residential neighborhood. The residents of the surrounding 4 blocks notice that street parking is a problem while classes are in session. Explain under what conditions (if any) the building of additional parking lots..

  Discuss both moral hazard and adverse selection issues

Your product fails about 2% of the time, on average. Some customers purchase the extended warranty you offer in which you will replace the product if it fails. Would you want to price the extended warranty at 2% of the product price? Discuss both mor..

  The effect of global competition on the decisions

The effect of global competition on the decisions made by management with regards to change in labor demand, supply, relations with unions, and rules and regulations in your chosen industry

  Business reported the changes in working capital

A house painting business had revenues of $17,600 and expenses of $10,600 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital:

  How does the fed take money out of the banking system

The Federal Reserve took money out of the banking system to raise the federal funds rate-the rate at which banks lend each other money overnight-from 4 percent to 4.5 percent. How does the Fed take money out of the banking system? Explain how doing s..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd