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In the following statement, a business owner attempts to explain and justify his preference for slow growth in his business.
I limit my growth pace and make every effort to service my present customers in the manner they deserve. I have some peer pressure to do otherwise by following the advice of experts – that is, to take on partners and debt to facilitate rapid growth in sales and market share. When tempted by such thoughts, I think about what I might gain. Perhaps I could make more money, but I would also expect a lot more problems. Also, I think it might interfere somewhat with my family relationships, which are very important to me.
After reading this statement, respond to the following questions:
1. Should this venture be regarded as entrepreneurial? Is the owner a true entrepreneur?
2. Do you agree with the philosophy expressed here? Is the owner really doing what is best for his family?
3. What kinds of problems is this owner trying to avoid?
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Examine the issue of social media it's ethical implications on business from the employee and company side.
You work part-time at the customer service desk at a home improvement store in your suburban town
How does this tool assist the marketing and management teams to solve problems within the company?
Consider the changes proposed by the current administration regarding healthcare. How will you as an individual be affected by the proposed changes?
Think about an experience meeting another student. Could you focus? Did you interrupt the other person or allow them to finish their thoughts?
Analyze if forecasting difficulties depend on the type of healthcare organization, such as a hospital or an outpatient clinic.
What are the three possible components you need as a business to accept credit card payment from your customers?
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