Is someone an entrepreneur if they buy into a franchise so they can follow a well-established formula for running the operation?
Q: ctivist Capability Builder Change Champion Innovator and Integrator Technology Proponent…
A: A company's human resources department is in charge of locating, interviewing, hiring, and educating…
Q: pproach" in data war
A: Data warehousing is the process of accumulating and arranging data from numerous sources in order to…
Q: conflicts of interest are unavoidable, ought it be illegal for a single firm to provide both…
A: A customer is an individual who buys products or services of the organization. The customers should…
Q: Strengths and opportunities represent favorable situations and occurrences for organizations. True…
A: As a SWOT analysis, strengths and weaknesses determines the organization's capabilities and issues.…
Q: term life insurance policy.
A: Term life insurance is a fundamental instrument for financial security that allows a person to set…
Q: International business includes any type of business activity that crosses ................ borders.
A: Globalization The process of integrating the exchange of goods and services between countries is…
Q: How important is it for managers to pay attention to and understand the environment in which their…
A: Globalization The process of integrating the exchange of goods and services between countries is…
Q: Create a list of typical job roles and determine how the separation of job roles reduces risk.…
A: Meaning :- A job or occupation is an individual's role in society. More specifically, a job is an…
Q: Discuss any three theories of motivation?
A: Motivation plays a very important role in a person life .it is of both external and internal type.
Q: A significant question that faces all analysts is how much effort to expend studying and documenting…
A: INTRODUCTION: The process of controlling and planning a business's operations and activities is…
Q: How to delegate and empower individuals to resolve conflicts on their own in the military?
A: The military soldiers will be working under a command of their superiors. There will be a strict…
Q: Creating Competitive advantage: three basic ways?
A: Market is the place for selling and distrubing their manufactured goods and services. Business may…
Q: expansion or contraction in the eVTOL industry?
A: eVTOL INDUSTRY:- An electric vertical take-off and landing is the full form of the eVTOL. eVTOL is…
Q: what are the challenges in this time of pandemic that Engineers can contribute to? what are the…
A: The COVID-19 epidemic has caused a shocking loss of life on a global scale and poses an…
Q: Nicole is a manager in Worsall plc's financial reporting team. No finance function staff report to…
A: There are managers at various organizational levels. General managers, functional managers, and…
Q: Explain one (1) barrier in decision-making and provide (1) suggestion for overcoming this barrier.
A: Decision Making The method of making decisions by identifying a choice, collecting facts, and…
Q: Theories of Work Motivation Your company provides diversity training programs to ensure that…
A: The term motivation refers to an inducement to work. It is a way to stimulate a person to perform at…
Q: According to the theory of planned behaviors
A: Introduction The theory of planned behaviors are influenced by the intention also called as the…
Q: Importance of studying management
A: Management refers to the process in which the managers of a company plans and regulates the…
Q: manager
A: Since they lay the road for success with their hard work and efforts, the management of a company's…
Q: what kind of leadership do we need nowadays and what characteristics a good leader must possess?…
A: Leadership plays an important role in guiding and supervising the behavior and conduct of…
Q: The five characteristics and factors that influence an entrepreneur's success should be explored.
A: Entrepreneur is an individual who is setting up a business with a motive of profit, growth and…
Q: What is the most efficient method for creating business software systems? Describe why progressive…
A: Well-managed projects are successful projects. The management or development team must select the…
Q: Describe how improved technology has made it simpler for workers to interact with one
A: Due to technological advancements that have streamlined and tightly integrated their business…
Q: Based On the Amozon company ,owner Jeff Bezos Provide suggestions for how the Amazon company can…
A: INTRODUCTION: Jeff Bezos established Amazon, a global technology corporation with headquarters in…
Q: Ethical Principles in Business The lists of principles below incorporate the characteristics and…
A: Business ethics are the moral practices and rules that every organization has to abide by. It…
Q: Outline and discuss the elements of a probabilistic decision model. List the main shortcomings of…
A: Making decisions involves putting in a lot of work, having enough knowledge, and selecting among…
Q: Licensing your company's proprietary software should be part of your company's strategy as O plan…
A: INTRODUCTION: Licensing is defined as a strategic management process that allows organizations to…
Q: Smit (2004) argues that a business can be any individual or group of individuals that satisfy the…
A: Answer is... A) Eskom can then be said to be a business
Q: challenges and remedies regarding deal making
A: Deal making is defined as making deals through negotiations which are focused on integrative process…
Q: What can managers do to uphold the principles of distributive and procedural justice in…
A: Organizational justice is derived from equity theory. The term organizational justice is the…
Q: An employee on one of Clearwater Electronics’ production lines violated safety protocols by…
A: Answer is... It is necessary for them to work together to make sure OSHA guidelines are clearly…
Q: What benefits can an organisation achieve from delegation of authority
A: Concept Introduction : The process of entrusting a subordinate employee with task- or…
Q: Is it feasible to illustrate a project management process using an illustration? How can a system be…
A: The project management process is a series of sequential processes through which a project is…
Q: What are the key elements of business ethics?
A: Introduction : Business Ethics are a company's values, code of conducts, moral principles that that…
Q: Indicate three cross-national challenges and the implications of each for a global company. State…
A: Businesses favor opening a location in regions with reduced labor costs or taxes. They prefer to…
Q: How may a company's success or failure be affected by the amount of job satisfaction of its…
A: Job satisfaction refers to employees' perception, attitude and behaviour towards their work and the…
Q: Explain the most important changes in the inspection process and consider the weaknesses of the…
A: The inspection is the process of organized examination to calculate if the process is going on…
Q: Companies are using more external data and unstructured data in their models of forecasting and…
A: Planning in business is the initial and essential task for the management to perform. It requires…
Q: What is a business report? What are the main characteristics of a good business report?
A: Business information reports are vital for every organization as they provide useful insights into…
Q: Question 5 a) Conflict management is a crucial component of project management leadership. Elucidate…
A: A conflict is a serious disagreement or argument between two individuals or groups of people in…
Q: coaching leadership style connects to the word storming
A: Leadership is the ability of an individual or group of individuals who give guidance and influence…
Q: What problems are brought on by the presence of a variety of information systems at work? Is there a…
A: Technically speaking, an information system (IS) is a collection of interconnected components that…
Q: Motivation-Hygiene theory
A: The two-factor theory contends that work happiness and discontent exist on two distinct continuums,…
Q: Risk in the widest sense is not new to business. All companies are exposed to traditional business…
A: When only one side benefits from a game, the total number of victories and defeats is ultimately…
Q: What major elements are in a system of corporate governace?
A: Corporate governance:- Corporate governance, in its simplest form, refers to a set of guidelines for…
Q: How does advance in technology affect ethics and law
A: Technologies are artefacts created through the methodical application of knowledge and employed to…
Q: what are the essentials of human capital development
A: Human capital is the value that employees bring to a business through their knowledge, ideas,…
Q: Subject: Engineering Management, Ch. 3 - Planning Technical Activities Marketing plan- this is the…
A: A business plan is a written summarized document that contains the financial and operational…
Q: Forming a partnership enables entrepreneurs to combine their skills and knowledge. What is another…
A: Partnership A partnership is a form of business in which multiple owners join together and invest…
5. Is someone an entrepreneur if they buy into a franchise so they can follow a well-established formula for running the operation?
Step by step
Solved in 2 steps
- 1. If someone buys a business but hires professional managers to run it so they don’t have to be involved in the operations, are they an entrepreneur? 2. Is someone an entrepreneur if they buy into a franchise so they can follow a well-established formula for running the operation? 3. Is someone an entrepreneur because of what they do or because of how they think?1. Is someone an entrepreneur if they buy into a franchise so they can follow a well-established formula for running the operation? 2. Is someone an entrepreneur because of what they do or because of how they think?If someone buys a business but hires professional managers to run it so they don’t have to be involved in the operations, are they an entrepreneur?
- Can a person be an entrepreneur because of the nature of the work that they do within a large corporation?Being a franchisee is an opportunity for those who lack business experience, the chance to own and operate a profitable business. What is your understanding of this statement?Which form of business is generally most costly to set up but offers the most personal protection? a) Sole proprietorship b) Partnership c) Corporation d) Franchise
- Can we call someone an entrepreneur if they bought an ongoing business from someone else or took over the operations of a family business from their parents?Starting up and managing a business requires one to act responsibly and ethically at all times. It is also imperative that one carefully considers the management team and the opportunities that franchising presents to a business to create a bigger brand name and increased market share You may consider franchising your business at some point. Discuss with justification, the type and model of franchise that your business will enter into.If you were to open a small business, such as a local landscaping business, what form of ownership would be most appropriate and why? Provide rational for your choice.
- Would you prefer to start and organize an entirely new business than buy an existing firm? DiscussCompare and contrast the advantages and disadvantages of starting a business from the ground up. Be sure to include the different types of businessesWhy do you think selling or owning a business that sells home appliances is not a bad idea? And why should I build a business like this?