Explanation of business, You have selected to open your own

Explanation of business

Assignment Help Business Management

Reference no: EM1377572

You have selected to open your own business and Dr. C will give the funds to start your business. Accordingly, Dr. C is interested in specifics about your firm.

1. What type of business will you open? (product or service, provide the name of your company, etc.)
2. How will you manage diversity in your company?
3. How will you create value?
4. Regarding your company, how will you handle the following: (respond to all of the following)
· Gain a competitive advantage
· Manage diversity
· Increase efficiency
· Increase innovation,
· Effectively manage change
4. How will you distinguish between official goals and operating goals?

Reference no: EM1377572

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