How will manage the cost of small venture

Assignment Help Business Management
Reference no: EM133021203

As the COVID-19 pandemic continues to strike pain on small and large businesses, thousands of enterprises are closing down affecting millions of workers.

Josie Dela Cruz, 28, beauty adviser in Dubai, is one of those Filipino overseas who came home. She was planning to resign in August but she did it earlier because of the COVID. Dela Cruz quips that she plans to enroll in a baking class at a state-owned technical school while she is here in the Philippines.

In today's difficult times, planning is essential to the success of any business. When a company has plan to follow, it is ready to face the future. As Book of Luke chapter 14 verse 28 says "Suppose one of you wants to build a tower. Won't you first sit down and estimate the cost to see if you have enough money to complete it?"

Questions: If you were Dela Cruz, are you going to open a small business amid this crisis? How will you manage the cost of your small venture?

Reference no: EM133021203

Questions Cloud

Would the cost of the football field be capitalized : Each of the schools received 40,000 tickets, Would the cost of the football field be capitalized or expensed by Bristol Motor Sports? Explain
What is the basis of invalidity or deficiency : Bob's widow Alana survived him and has become the trustee and executor of his will. She has come to your legal firm to express concern about not fully understan
Address a current issue or problem faced by volvo trucks : Address a current issue or problem faced by Volvo trucks and analyze it using the techniques taught in this course.
What is the total revenue variance : Fitchburg Industries' budgeted sales were 400 units at $200. Actual sales were 500 units at $225. Variable cost per unit is $48. What is total revenue variance
How will manage the cost of small venture : As the COVID-19 pandemic continues to strike pain on small and large businesses, thousands of enterprises are closing down affecting millions of workers.
What are collective identities : Think about your own life and of any critical junctures that may have occurred. How did those critical junctures help shape your future?
What is the equilibrium price of tonic per gallon : Manufacturing facilities in this industry have an average annual output of 100,000 gallons. What is the equilibrium price of tonic per gallon
Importance and appropriateness of the information : Importance and appropriateness of the information provided regarding the Volkswagen and Volkswagen's industry (Products/Services, Market/Customers, and Competit
Norms in the formation of unified culture : Discuss the importance of Groups & Norms in the formation of Unified culture

Reviews

Write a Review

Business Management Questions & Answers

  What is the most appropriate organizational architecture

What is the most appropriate organizational architecture for a firm that is competing in an industry where a global strategy is most appropriate?

  Describe the five-force models

Describe the five-force models and explain how each force affects the industry. Support your answers with examples.

  Explain the function of trade unions in the industry

What is a key cross-industry and a sector-specific industry-related hospitality industry list three (3) examples? What are the primary roles/functions of these

  Why might myth rather than rational explanation

Explain why might myth rather than rational explanation be used to justify social structures?

  Are some computer systems considered

Are some computer systems considered services even though they are not web based?

  Mean and standard deviation of annual demand

The monthly demand for smartphones at Best Buy is normally distributed with mean 1,000 and standard deviation 200.

  Support for cultural change primarily

Top Management shows support for cultural change primarily in its written letters, memos, and directives -- true or false

  Who determines what is a bad product

Who determines what is a "bad" product? One can consider cigarettes, which are pretty clearly bad for you, and they're an easy target

  Review the college conceptual framework

This week focuses on collaborating with social media. How might you determine which social media tools are best suited for collaboration?

  Identify a task that you would need to perform

Explain how you would apply the knowledge you havedeveloped to succeed at performing the task.

  Financial leadership processes

Where and how should the board be involved in the financial leadership processes?

  Fnma-fhlmc uniform mortgage

You have granted a mortgage on your home to First Bank and Trust. The mortgage is a FNMA/FHLMC Uniform Mortgage.

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