Questions and Answers of Contemporary business

What are the benefits and drawbacks of oral and written communication?
Describe the norms associated with your business class. How do these norms influence the way you behave?
How might a firm that manufactures shoes use teams to determine ways to improve its environmental standards in terms of products and processes? What type (or types) of teams would be best for this
1. What kind of leadership style are military recruits most likely to adopt? Why? Do you think this could ever become a problem?2. How might planning in the military translate itself to planning in
Why is business so important to a country’s economy?
Identify the six eras of business in the United States. How were businesses changed during each era?
Describe the focus of the most recent era of U.S. business. How is this different from previous eras?
1. Explain how flexible and family-friendly policies have played a role in SAS’s success.2. What kind of relationship does SAS seem to have with its employees? With its customers?The employee
1. How does Paul English typify an entrepreneur? In what ways do you think his experience, background, or attitudes are unusual for an entrepreneur?2. How well do you think Kayak.com manages its
1. How does Disney fulfill its responsibility to the general public?2. Which organization benefits more from the “Give a Day, Get a Disney Day” program— Disney or HandsOn? Explain your
1. How do Maersk and Cargoshell carry out their responsibilities to society?2. Many of the goods you buy and use are imported from overseas and sold more cheaply than if they were made in the United
Draw supply and demand graphs that estimate what will happen to demand, supply, and the equilibrium price of coffee if these events occur:a. Widely reported medical studies suggest that coffee
1. What factors do you think will affect the supply and demand curve for nuclear energy?2. Describe what type of competition you predict will arise in the nuclear energy industry.In the 2010 State of
1. How has the rapid development of technology affected competition in the mobile-phone industry?2. How does this technology affect supply and demand in the mobile-phone industry?The ascent of the
1. Do you think Facebook can become India’s leading social networking site? Why or why not? What else can Facebook do to ensure success?2. How well do you think Google is handling the problem of
1. Do you think TOMS’ One for One business model is sustainable in the long term? Why or why not?2. Mycoskie says his customers provide “the best type of marketing you can have” because when
Why do so many small businesses fail before they reach their tenth year?
What is the Small Business Administration? How does it assist small companies, financially and in other specialized ways?
What are the benefits and drawbacks to traditional corporate structure? How do S corporations and limited liability corporations enhance the corporate legal structure?
1. What specific factors do you believe led Leslie Blodgett and her small firm to success?2. Bare Escentuals is now part of a much larger company. What kinds of changes might take place at Bare
1. The alliance between Patagonia and Walmart is an excellent example of a small business and a large business working together to achieve an objective. Do you think the same results would be
When selecting a business idea, why is the advice to “do what makes you happy” and “be true to yourself” so important?
1. Describe the entrepreneurial traits that Giannini has. How have these benefited him? In what ways might these same traits be a burden?2. Giannini secured financing from a private equity group. How
1. How do you foresee social networking changing the business environment for entrepreneurs?2. How might entrepreneurs use social networking media to secure financing for their businesses?One of the
1. How does Alan Mulally’s “focus on four things” help him with strategic planning for Ford? Do you believe it made a difference in the firm’s decision to decline the federal loan?2. Mulally

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