Introduction to Business
OER 2018 Edition
ISBN: 9781947172548
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 5.5, Problem 2CC
How does managing a small business contribute to its growth?
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What are the most common reasons for a small business to fail? Do these factors extend to larger corporations as well?
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advantages and disadvantages of starting a business?
Chapter 5 Solutions
Introduction to Business
Ch. 5.1 - Describe several types of entrepreneurs.Ch. 5.1 - What differentiates an entrepreneur from a...Ch. 5.1 - What are some major factors that motivate...Ch. 5.2 - Describe the personality traits and skills...Ch. 5.2 - What does it mean when we say that an entrepreneur...Ch. 5.3 - What are three ways small businesses can be...Ch. 5.3 - What social and economic factors have prompted the...Ch. 5.4 - How can potential business owners find new...Ch. 5.4 - Why is it important to develop a business plan?...Ch. 5.4 - What financing options do small-business owners...
Ch. 5.5 - How does the small-business owner's role change...Ch. 5.5 - How does managing a small business contribute to...Ch. 5.5 - What are the benefits to small firms of doing...Ch. 5.6 - Why are small businesses becoming so popular?Ch. 5.6 - Discuss the major advantages and disadvantages of...Ch. 5.7 - What is the Small Business Administration (SBA)?Ch. 5.7 - Describe the financial and management assistance...Ch. 5.8 - What significant trends are occurring in the...Ch. 5.8 - How is entrepreneurial diversity impacting small...Ch. 5.8 - How do ethics impact decision-making with...Ch. 5 - As the owner of a small factory that makes plastic...Ch. 5 - What characteristic made Vic Ahmed a successful...Ch. 5 - How did their Ahmed and Steven Case's partnership...Ch. 5 - Is focusing on smaller cities rather than areas...
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Similar questions
- Why did small businesses challenge larger businesses?arrow_forwardAre the so-called advantages of small business really advantages? Wouldn’t every small-business owner like his or her business to grow into a large firm?arrow_forwardFor what reasons is a business plan important to aspiring entrepreneurs?arrow_forward
- How young,budding entrepreneurs compete with older, more experienced entrepreneurs? Is it enough to have a novel business idea?arrow_forwardWhat are the advantages of operating a small business?arrow_forwardExplain for what reasons is a business plan important to aspiring entrepreneurs ?arrow_forward
- There are three characteristics that distinguish the entrepreneurial venture from the small business. In light of these three characteristics, critically discuss how the principal objectives are directed to bring about profitability and growth.arrow_forwardWhat are the difficulties that a business may face when there is no business plan?arrow_forwardWhat is the difference between small business and ordinary small business?arrow_forward
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