1. What was the greatest strategic mistake by RCA? b. What was the company “betting on” regarding the video disk? c. What were the three reasons why the U.S. market collapsed in manufacturing electronics?

2. Explain how the J.F. McElwain Company eventually went out of business. B. What was the demographic problem that Thom McAn stores had to deal with after World War 2?

3. What were the two main reasons why franchises like McDonalds found success between the late 1950s and the 1970s? b. What were the three ways McDonalds made money from the franchisee?

4. Relative to finance, (a) what is the main problem with using a venture capitalist for a startup company? (b) Explain how the home mortgage crises occurred relative to home owners and financial institutions.

5. What was the biggest problem with penny stocks? B. Why did the high tech companies in the 1990s had a “bubble burst” for investors?