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- Why do you think printing services is a good business idea?Ethical Considerations. You’re thinking about startingyour own chain of upscale, drive-through espressostands. You have several ideal sites in mind, and you’veanalyzed the industry and all the important statistics. Youhave financial backing, and you really understand thecoffee market. In fact, you’ve become a regular at acompetitor’s operation for over a month. The ownerthinks you’re his best customer. But you’re not therebecause you love the espresso. No, you’re actually spying.You’re learning everything you can about the competition so you can outsmart them. Is this behavior ethical?Explain your answer.The restaurants and foodservice companies owned by JAB Holding Company. Is JAB diverse or concentrated? E plain your answer.
- Describe why and how your business will be successful. Give reasons for the success of the business. Assuming business of Coffee.Mr. Ali enjoys making decorative items and clay pots. He sells them occassionally and earns some money out of it. What type of business is this? a. Lifestyle business b. Hobby business c. Large business d. Small businessOne of the first steps for starting your own business is to decide what type of business you want to start. Take some time to think about this decision. Before proceeding, answer the following questions:• Why did you choose this type of business?• Why do you think this business will be successful?• Would you enjoy owning and operating this type of business?
- Think about your own community (your hometown or High Point). Choose a type of business. Are similar types of businesses clustered together? Are there any outliers? What are the most popular spots and are they surrounded by similar businesses? Type your thoughtful response belowWhat factors should you consider before selectingfinancing alternatives for a new business?What “right questions” need to be answered when deciding whether to buy a business?
- In determining the purpose of existence of a business, examine the four steps that a business goesthrough to achieve a competitive advantage.Ms. Azza is unemployed and has no job. She has done a course in baking food items. What type of business will be suitable for her to start? • a. Medium business b. Corporation business c. International business d. Small business Clear my choicePick a business that you know of (can be a small business in your neighborhood or a large corporation that makes a product you bought in the past), do a little research about it, and answer the following: Describe the goods or services the business sells and where it does business. What kind of model is this company using? (remember, a company could use more than one model; use the models described in the introduction above). What type of business is this (sole proprietorship, partnership, or corporation)? How did you find out? Describe how you researched information about this company.