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Question 1 Looking at the global business climate. What types of things do you think major companies should prepare for with an anticipated downturn in

Question 1

Looking at the global business climate. What types of things do you think major companies should prepare for with an anticipated downturn in overall economic activity? What would be good practices to institute

Question 2

Talk about the general differences in small business formats. What type of format (i.e. Sole Proprietorship, LLC) Do you think you would want to own and operate and why?

Question 3

Give some examples of what is considered ethical behavior and non-ethical behavior in business. Why is it important to make ethical policies and decision on a small scale as well as a large scale

Question 4

What is Microeconomics and what is Macroeconomics? Why does it matter to have them included in this field of study? Where would the understanding of these areas apply to a healthy economy and making good business decisions?

Question 5

Owning a Franchise seems at a surface level to be a very fun concept? If they are so successful why doesn't every business owner buy a franchise? What type of personality and skillset would you see as being successful in franchise ownership and operation?

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