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Small Business Opportunities and Rewards
Why start a small business? Most people who desire to be small business owners will immediately respond with, "I want to be my own boss." This is a good answer. However, the rewards for being a small business owner are much more than being one's own boss. There are both extrinsic and intrinsic factors that motivate small business ownership. Conduct your research through the Walden Library, Google Scholar, or interviewing local business owners in your community to learn more about these extrinsic and intrinsic motivators.
By Day 3, post the following:
Include in your responses specific references to this week's resources as well as other credible resources you used to formulate your Discussion post.
General Guidance: typically will be 2-3 paragraphs in length as a general expectation/estimate
PLEASE USE REFERENCES AND CITATIONS
Over the past 30 years, health care expenditure in the U.S. grew at an average rate of 3.7% per year plus the rate of inflation, while expenditure on all other goods grew only 1% per year plus the rate of inflation. What seem to be the main reasons w..
Illustrate what happen if her actual disposable income is $16,000, her level of consumption or saving will be.
There are two large drawers, filled with cluttter of miscellaneous objects. Player 1 hides a pearl in one of them. Player 2, a burglar then has one minute to open an drawer and look for the pearl. If he opens Drawer A and the pearl is there he finds ..
Assume demand for a medical service is given by the equation P = 1000-2Q. Assume the price without insurance is $100, but insurance reduces the consumer’s out-of-pocket price to $50. How many extra services will be consumed as a result of the out-of-..
Suppose a Canadian firm imports $1000 worth of bananas and sells them for $2000. What is the effect on Canadian GDP?
Moldovan authorities declared not only once that y want to sign an agreement with IMF that would not envisage Moldovas financing. Can fund accept such a scenario.
The Equation of Exchange is given as MV = PY , where M= the nominal money supply, V= the velocity of money, P= the price level and Y=real GDP. What is the Monetarists’ argument (based on the quantity theory of money) about an increase in M? Explain a..
Why was it more common for railroads and timber companies to provide health insurance in the early 1900s then for textile mills or accounting firms?
The setup cost is $100 per order up to 99. For orders of less than a pallet, the setup cost is $200. The setup cost for pallet loads is $1000. The holding cost is 1% of the purchasing cost per item per week.
Over a period of two years, you made 24 monthly purchases of a stock. You paid $500 for the first month, and increased by $10 per month thereafter. At the end of the two years, you sold all the stock for a total of $18,000. What effective annual rate..
Tamiflu, produced by Roche, has so far been the most effective medicine to tackle bird flu. Roche was granted a patent on the drug which enables the pharmaceutical firm to charge higher prices and earn higher profits. Monopoly is inefficient as it ch..
State Explain how IKEAs expansion has reenergized mature markets around the world also changed the competitive situation.
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