Which of the two businesses seems to be a better

Assignment Help Management Theories

Reference no: EM131385038

SITUATION
A business incubator rents space to a number of small fi rms that are just beginning operations or are fairly new. In addition to supplying space, the incubator provides a receptionist, computer, conference room, fax machine, and copy machine. It also offers management counseling and assists new businesses in getting reduced advertising rates and reduced legal fees.

One client of the incubator is a jewelry repair, cleaning, and remounting service that does work on a contract basis for pawn shops and jewelry stores. Another is a home health-care company that employs a staff of nurses to visit the homes of elderly people who need daily care but who cannot afford or are not yet ready to go to a nursing home.

Question 1 Evaluate each of the services offered by the incubator in terms of its usefulness to these two businesses. Which of the two businesses seems to be a better fit for the incubator? Why?

Question 2 If rental costs for incubator space were similar to rental costs for space outside the incubator, would the benefits of the services offered seem to favor location in the incubator? Why or why not?

Reference no: EM131385038

Questions Cloud

Discuss how zoning and tax laws might impact the decision : What factors should an entrepreneur evaluate when considering a home-based business?- Discuss how zoning and tax laws might impact the decision to start a home-based business.

How important was location decision for two entrepreneurs : How important was the location decision for these two entrepreneurs? Why?- What types of permits and zoning ordinances did they need to consider before deciding to relocate?

In what ways could he use e commerce to grow his business : What impact, if any, do you think that Internet-based businesses have had on Ruh's business?- In what way(s) could he use e-commerce to grow his business?

Discuss about the post given below : Sometimes, during heated discussions and debates about social policy, the underlying reasons for the policy go unnoticed. Advocates and policymakers may become so committed to their perspectives and to winning the debates that they lose focus on t..

Which of the two businesses seems to be a better : If rental costs for incubator space were similar to rental costs for space outside the incubator, would the benefits of the services offered seem to favor location in the incubator? Why or why not?

Analyze and explain the challenges with freedom of speech : Analyze and explain the challenges with freedom of speech. Analyze and explain any challenges with freedom of information. Analyze and explain any challenges with employment law.

Discuss about the social structure-mass society : Use tour sociological imagination to explain a contradiction in:a. social structure-mass society,b. master trend-commodification/consumption,c. social character-cheerful robot(anti-social).Alcohol is the topic:A. Contradiction in social structure,B. ..

What limits the price from changing drastically in future : How has the cost of computers used in an office changed over the past 30 - 40 years? Which main component of the computer is driving this change? What has been the result of this cost change in the last 20 years? What limits the price from changing..

Major benefits for moore of a home based business : What do you see as potential problems with locating Moore's new business at home?- What do you see as the major benefits for Moore of a home-based business?

User Account

All Pages