Specify several advantages of operating a small business

Assignment Help Operation Management
Reference no: EM131033436

Specify several advantages of operating a small business when it comes to General and Administrative (G&A) expenses. Determine the single most important advantage that you believe would benefit the small-business owner the most. Explain your answer.

Reference no: EM131033436

Questions Cloud

How many books myst be sold to break even : A book publisher has fixed cost of $300,000 and variable costs per book of $8.00. The bok sells for $23.00 per copy. How many books myst be sold to break even? If the fixed cost increased, would the new break even point be higher or lower?
Case study entitled marketing in schools : Read the case study, entitled “Marketing in Schools” on page 430 of the textbook. Once you finish reading the case study, answer the following questions: Is there an appropriate age that advertising should consider? What other facts would you need to..
What is annual demand in loads of plywood for pacific woods : Ken Ramsing has been in the lumber business for most of his life. Ken's biggest competitor is Pacific Woods. Through many years of experience, Ken knows that the ordering cost for an order of plywood is $25 and that the carrying cost is 25% of the un..
Explain how the popularity of such virtual worlds : Explain the concept of a virtual world and then explain how the popularity of such virtual worlds may influence marketers' strategies, provide an example.
Specify several advantages of operating a small business : Specify several advantages of operating a small business when it comes to General and Administrative (G&A) expenses. Determine the single most important advantage that you believe would benefit the small-business owner the most. Explain your answer.
Use of the cost analysis in supporting vectorcals contract : Analyze key ways in which you would make the most use of the cost analysis in supporting VectorCal’s contract with the federal government. Speculate on what you believe would happen if the cost analysis related to the VectorCal’s current federal gove..
Contrast the manner in which vectorcal and other businesses : From the-Activity, compare and contrast the manner in which VectorCal and other businesses that you researched analyze overhead costs. Select two to three (2-3) methods that the businesses in question used for allocating costs for the analysis of the..
Identify the eight traits associated with being a successful : Identify the eight traits associated with being a successful project manager. Which trait do you think is most important in the types of projects you have managed or will manage? Why?
Environmental pollution control regulations : What Weight should be given to environmental pollution control regulations that differ from location to location or from country to country in making facility location decisions? Why?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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