Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Imagine a small business that has long bought its office supplies from Staples. It reads about Lendio and considers whether to solicit a loan. What kind of buying situation has this small business entered? |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 2 steps
Knowledge Booster
Similar questions
- What is the relationship between cash cows and stars in a company’s portfolio?arrow_forwardPick 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.arrow_forward"Buying an existing business increases the certainly of successful operation by the new owner". Do you agree?arrow_forward
- Detail and discuss the expenses involved in opening for business and how the capital can be arranged.arrow_forwardYou are considering buying an operating business. What are the most important issues you will look at before deciding on the purchase? Why?arrow_forwardI used to work at a non-franchised cleaners back in the day when I was in high school. After purchasing all the dry cleaner equipment, the organization was “cash poor.” In seeking to create a competitive advantage given the organization’s economic circumstances, what options might the company have to achieve a more favorable cash position?arrow_forward
- How can you raise a capital for a companyarrow_forwardPerhaps the ideal source of financing the purchase of an existing business is O the seller of the business O the Small Business Administration O an insurance company a venture capitalistarrow_forwardThink about going into the business of selling computer gear. You think that new college graduates are best suited to sell mainframes, supercomputers, or high-capacity storage systems. Why? What are the best reasons to work as a computer gear salesperson?arrow_forward
- discuss the advantages and disadvantages of debt financing and common stock financing. Then, for your initial post, discuss the following: From the company’s viewpoint, why would it prefer to fund the venture initially with common stock instead of debt?arrow_forwardWhy is credit important to businessarrow_forwardLarger or established businesses tend to leave gaps in the market for numerous reasons. Once these gaps (however small) are left open, it makes it very easy for smaller ventures to spot the opportunity and make the most of it. Spinelli and Adams (2016) state that a good opportunity may sometimes not look too attractive at first but has the potential to blossom into one that is bigger than the venture itself, even after the venture has grown to a substantial size.In light of the abstract discuss and explain those gaps that business tend to leave in the marketplace, provide the possible reasons for these businesses to leave the gaps.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Understanding BusinessManagementISBN:9781259929434Author:William NickelsPublisher:McGraw-Hill EducationManagement (14th Edition)ManagementISBN:9780134527604Author:Stephen P. Robbins, Mary A. CoulterPublisher:PEARSONSpreadsheet Modeling & Decision Analysis: A Pract...ManagementISBN:9781305947412Author:Cliff RagsdalePublisher:Cengage Learning
- Management Information Systems: Managing The Digi...ManagementISBN:9780135191798Author:Kenneth C. Laudon, Jane P. LaudonPublisher:PEARSONBusiness Essentials (12th Edition) (What's New in...ManagementISBN:9780134728391Author:Ronald J. Ebert, Ricky W. GriffinPublisher:PEARSONFundamentals of Management (10th Edition)ManagementISBN:9780134237473Author:Stephen P. Robbins, Mary A. Coulter, David A. De CenzoPublisher:PEARSON
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON