answer the following questions and cite your sources for each question:

1.Given the difficulties in accurately predicting the future, is a business plan useful? Provide three reasons for writing one and three reasons for not preparing a plan. What is your conclusion and why?

2.What are the three most effective advertisements on television? Why are they effective? What are the three least effective advertisements on television? Why are they ineffective? Are they really ineffective if you have been able to recall them?

3. Why would entrepreneurs open themselves up to personal financial losses by using a proprietorship rather than a company?

4.Your business recently purchased a product ( XJ 11 widgets, 50 cases) from a vendor, and are your supervisor is unsatisfied with the quality of the product found in 30 cases. Now, you are tasked with contacting the vendor to apply for a refund, exchange or credit for the product.You are unaware of the vendor's return and refund policy. Write a letter to your sales representative ( Mr. Brock Sampson of OSI industries) requesting information about the refund policy and in your letter/ email, write:

Why you are writing

Why you are seeking a claim or adjustment

What actions are acceptable or that you expect

5. Discuss which kind of people tend to be more innovative in a given field: those who are knowledgeable or those who are inexperienced in the field. Provide an example of why you believe this to be true.