Looking at family business, integrate the knowledge you learn to analyze TWO challenges that the family business face and the family business can overcome these challenges? (150 WORDS)
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- Looking at family business, integrate the knowledge you learn to analyze TWO challenges that the family business face and the family business can overcome these challenges? (150 WORDS)
- Analyze TWO challenges you face in the family business operation/management and how do you tend to overcome these challenges? (150 WORDS)
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- Activity 2 Directions: Read the story carefully. Analyze the business. Then answer the questions at the end of the story. Anne and Cherry are friends since high school. Anne is good in baking and Cherry is good in selling. To increase their income, they decided to put up an online business of bakery products. They contributed 10,000 each to start the business and decided to split the profit equally as business partners. The friends agreed that Anne will be in charge of the production while Cherry will be in charge of the online site for taking marketing and promotion. Cherry started taking orders while Anne is busy on baking products. The business started to get big orders from their regular clients and other who visited their online site. After one year of operation, while Cherry continue with her regular work Anne as in-charge of the production, started getting sick and advised to rest. Now, Anne can no longer continue baking for their business. 1. What went wrong with the business?…What is a cost that changes with the change in volume of activity of an organizationList and describe the 4 Ps marketing mix for a tangible product from your own.
- Who is the CEO of APPLE and what industry do they participate in?Suppose that you want to open a new business or purchase an existing one. Describe that business. What good or service would you provide? Where would you be located? What would be some explicit costs of starting the business? What would be some implicit costs?DO D and E part
- How should we develop the firm’s capabilities and focus its effortsSolution asap i will upvote you it's single question for clear picture i will give you same pictureNovartis's Prescription for Invoice ProcessingWhat do you do when you have more than 600 business units operating through 360independent affiliates in 140 countries around the world-processing complex invoices in variouslanguages and currencies? You seek out the best technology solution to make the job easier.At global pharmaceutical giant Novartis, the IT department is a strategic resource, a communityof 2,000 people serving 63,000 customers in 200 locations and 25 data centers. Because most ofthe company's invoices come from international suppliers, they have differences in design,language, taxes, and currency. Consequently, many ended up as "query items" requiring manualresolution by Novartis accounting staff-which delayed payments and made those invoicesextremely costly to process. In fact, finance personnel spent so much of their time resolvingqueried invoices that other work suffered. A solution was badly needed.To maximize its investment, Novartis needed a flexible solution that…