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According to a 2010 report prepared for the SBA Office of Advocacy, the United States ranked third in the world on the Global Entrepreneurship and Development Index (GEDI). View the report. Your textbook defines the external environment as the forces, institutions and people outside the boundary of the firm. The external environment is further divided into the general and task environment. Identify one or more sectors in the task environment which helps to create opportunities for entrepreneurs in the United States. Support your choice with a specific example. e.g. Governments and lenders are sectors in the task environment. In 1998, the State of NJ enacted the Technology Business Tax Transfer Program which enables approved Technology and Biotechnology Businesses with Net Operating Losses to sell their Unused Net Operating Loss Carryover (NOL) and Unused Research and Development Tax Credits (R&D Tax Credits) for at least 80% of the value of the tax benefits to a profitable corporate taxpayer in the State of New Jersey that is not an Affiliated Business. Eligibility requirements include that the company must have less than 225 employees. This program in effect has made the State of New Jersey a lender to early stage biotechnology companies, Plan Smart NJ.
Based on documentation gathered, your internal audit fraud team has sufficient evidence to prove that a warehouse manager for the company where you work has been stealing inventory. You have been assigned to lead the interview of the manager. How wou..
Big Bad Company (BBC) owns 20% of Tiny Company. Due to anti-trust issues, BBC is restricted from having any sort of say regarding the operation of Tiny Company. As such, BBC has elected to account for its investment in Tiny Company by applying the Ma..
Mary Williams, owner of Williams Products, is evaluating whether to introduce a new product line. After thinking through the production process and the costs of raw materials and new equipment. Williams estimates the variable costs of each unit produ..
Explain the differences between high- and low-context cultures, giving examples of each. What are the effects on the communication process? Give some examples of cultural differences in the interpretation of body language. What is the role of such no..
Contract law is a very basic and important part of both our everyday life, and the operation of the business world. List and define the three basic elements that are required to form a legally binding contract.
Compute a 3-month weighted moving average forecast for December, with a weight of 65% for the most recent month, 25% for the month preceding most recent month,
Jared requested FMLA time off from his job to care for his partner, Samuel, who was suffering from a particularly acute case of adult mumps.
The problem with being a working project mangaer is that, in a conflict between working and managing:
Battle Creek Cereal Company has four main products: Corn Flakes, Frosted Flakes, Bran Flakes and Strawberry Flakes.
internalization theory, appropriability theory, and freedom to pursue global objectives.
The Internet has made the world smaller and enlarged our access to information. However, for every positive benefit of the Internet, there is a negative aspect. We have a loss of privacy, our financial profile can be compromised, and we cannot trust ..
According to the US Department of Health and Human Services, individuals living in rural and isolated areas face special challenges in receiving timely, quality health care (Fact, 2006). These areas often suffer from shortages of physicians and other..
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