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1. Your nephew asks you to invest in his new business. He needs just $3000 from you. You have the money (while loaning the money
1. Your nephew asks you to invest in his new business. He needs just $3000 from you. You have the money (while loaning the money to him would not be a tremendous hardship to you, you in general cannot afford to lose the money). You want to help. Please discuss the process that you would follow to help you make a good decision as to whether or not to loan the money. What are some factors that you will review before making this decision? 2. The customer is the primary reason for our existence as a business. We need to focus on the customer. Please discuss what it means to be 'customer driven' and have high levels of customer service. 3. In light of any recession that impacts the economy, how does a business manage its money better to still be able to survive and be successful? (It might be a good to reflect on your own life as well). 4. Please discuss how a business person can improve the income statement and increase the wealth of business. 5. As this semester comes to a close, it is important to reflect on key points that will make our businesses prosper. Please discuss how a company becomes a 'superior company
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