What you would do to meet the ethical goals of your company

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Reference no: EM133493605

Discussion Post: Small Business

Part I

Respond to the following:

Question 1. Introduce yourself to your peers by sharing something unique about your background. Explain how you expect this course will help you move forward in your current or future career.

Question 2. Describe the opportunities small businesses provide the owner, the local community, and the economy.

Part II

Respond to the following:

Question 1. As a small business owner, discuss what you would do to meet the ethical goals of your company. According to your course textbook, there are several ethical models a business owner can use to help determine how ethical a choice is; that is The Golden Rule, Utilitarianism, Universalism, and Billboard Principle. Select one of these models that you would implement in your business and explain why you selected that specific model.

Part III

Respond to the following:

Question 1. Compare the advantages and disadvantages of purchasing an existing business AND compare the advantages and disadvantages of starting a business from scratch. Which do you think you would choose: purchase an existing business or start from scratch?

Question 2. Two friends are considering launching a small company, which they believe has the potential to grow into a large firm in the future. List three important factors they should take into consideration when selecting a form of ownership. Next, recommend one form of ownership you believe will best serve the organization now and in the future. Justify your response.

Reference no: EM133493605

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