1. Summarize of the connection between social responsibility, ethics, and strategic planning in a small business setting.
2. How can a small business show that it is socially responsible? Think of evidence of social responsibility (like sponsoring a Little League team) that a small business can demonstrate.
3. Define the purpose of a code of ethics and write a brief code that would be suitable for a small business.
4. Come up with a mission statement for a small business that not only functions as a strategic planning guide but also incorporates the company's philosophy of social responsibility and ethical standards.
5. Why is environmental analysis more crucial to the small business owner than to larger corporations?

HW 2

1. Why wouldn't a 100-page business plan be four times better than a 25-page business plan?
2. Should you write a business plan even if you do not need outside financing? Why or why not?
3. Who should write the business plan?
4. If successful companies like Pizza Hut have been started without a business plan, why does the author claim they are so important?
5. Why do some prospective business owners refuse to plan?