Watch Startup.com https://www.youtube.com/watch?-BgwOhNPh4

Questions for Startup.Com Summary/ Analysis (30 points)

Focusing on the Qualitative Aspects of Managerial Accounting Decisions

Starting a business and becoming successful is usually part of the every entrepreneurs plan but there is a difference between set up a business and building a successful business. Lots of businesses fail within the first few years due to the limitation of planning for the future. There is not enough vision and not enough what needed to been done to strengthen the business properly from the ground up. For example in business this means improve business processes and get professional help when needed as well as pay off debt, therefore managerial accounting plays an important in it.

Please address the following questions in a 2-3 page essay. (Type-written, 1 inch margins, 10 point font.)

1. How does the film relate to Chapters 1 & 7 in your text? How does it relate to basic issues of establishing successful managerial information systems and accounting goals as presented in Chapter 1 & 7? What specific actions or events presented in the film impact managerial accounting for the company? Give both negative and positive examples?

2. What was the theme of this film? What were the film makers trying to tell us? Were they successful? Justify your answer.

3. What did you like best about the movie and why? What bothered you most about the rise and fall of Gov-Works?

4. Select a strategic or venture capital action performed by one of the characters in the film and explain why the character took that action. What motivated him or her? What did this motivation have to do with the theme of the film and contribution to the success or failure of the business?

5. Compare and contrast the approach used by those individuals in Something Ventured versus those involved in Startup.com.

6. Using Internet research, briefly tell me what the characters are doing today and what happened to Gov-works. Discuss some specifics of what each can bring to their future endeavors.

(please use easy understand words to write)