Question

In: Economics

Imagine that you have received an e-mail from Ammar who attempt to open his own business...

Imagine that you have received an e-mail from Ammar who attempt to open his own business and knew that you are taking an entrepreneurship course at UNITEN. He asked you to explain briefly about the business plan.

Relate to him about the good of business plan.

Subject: Entrepreneurship

Solutions

Expert Solution


If you consider this answer is helpful for your studies, please rate this answer.....


Related Solutions

The controller of a small business received the following e-mail with an authentic-looking e-mail address and...
The controller of a small business received the following e-mail with an authentic-looking e-mail address and logo: From: Big Bank [[email protected]] To: Justin Lewis, Controller, Small Business USA Subject: Official Notice for all users of Big Bank! Due to the increased incidence of fraud and identity theft, we are asking all bank customers to verify their account information on the following web page: www.antifraudbigbank.com Please confirm your account information as soon as possible. Failure to confirm your account information will...
Imagine that you are going to open your own manufacturing business, making Frozen Pizzas. a) What...
Imagine that you are going to open your own manufacturing business, making Frozen Pizzas. a) What sunk costs are relevant to your company? Why are these sunk? If none are relevant, why aren’t any sunk costs applicable to your business? b) What opportunity costs would you consider when deciding to open your business? **Looking for thorough answers so I can add any new information to what I have already written on my own**
A carpenter quits his job at a furniture factory to open his own cabinetmaking business. In...
A carpenter quits his job at a furniture factory to open his own cabinetmaking business. In his first two years of operation, his sales average $100 000 and his operating costs for wood, workshop and tool rental, utilities, and miscellaneous expenses average $70 000. Now his old job at the furniture factory is again available. Should he take it or remain in business for himself? How would you make this decision? (Hint: Of course it will depend on how much...
Imagine you have your own business. What would be the tool that you would use to...
Imagine you have your own business. What would be the tool that you would use to manage the strategic direction of your business. Discuss the tool and the reasoning of choosing it.
Imagine that your team is going to open its own manufacturing business, making List and describe...
Imagine that your team is going to open its own manufacturing business, making List and describe the costs that would be involved. There is no need to provide quantities, costs, or other amounts. Just list the costs and describe them if and as necessary to clarify your plan:  Be sure to classify the costs correctly using information covered in this course.  Provide enough information about the cost to justify why your classification is correct.  List enough examples...
Don’ts of Electronic Mail Don’t • Use e-mail to discuss something with a colleague who sits...
Don’ts of Electronic Mail Don’t • Use e-mail to discuss something with a colleague who sits across the aisle or down the hall from you. Take the old-fashioned approach of speaking to each other. • Say anything negative about a boss, friend, or colleague via e-mail. And don’t forward the negative comments of others. • Use e-mail to start or perpetuate a feud. If you get an e-mail that tempts you to respond in a scathing manner, stop yourself. You...
The following poorly written e-mail tells customers that their e-mail addresses have been hacked. However, the...
The following poorly written e-mail tells customers that their e-mail addresses have been hacked. However, the message is clumsy and fails to include essential information in revealing security breaches to customers. Your Task. List at least seven weaknesses Revise this message using the suggestions you learned in this chapter about security breach messages. To: Kara Khalial [[email protected]] From: Justin Small [[email protected]] Subject: Customer Security Incident at Princeton Payment Systems Cc: Bcc: Companies and individuals across the country are experiencing more...
A purchasing department received the following e-mail. Dear Accounts Payable Clerk, You can purchase everything you...
A purchasing department received the following e-mail. Dear Accounts Payable Clerk, You can purchase everything you need online—including peace of mind—when you shop using Random Account Numbers (RAN). RAN is a free service for Big Credit Card customers that substitutes a random credit card number in place of your normal credit card number when you make online purchases and payments. This random number provides you with additional security. Before every online purchase, simply get a new number from RAN to...
Tony wants of open his own business. He needs a mortgage of $400,000 to build a...
Tony wants of open his own business. He needs a mortgage of $400,000 to build a plant to get his business started. After doing some research, he has decided that the best rate is 4.5% with semi-annual compounding. The mortgage is amortized for 25 years, but the initial contract is for 10 years with constant total payments. 1) What is the semi-annual payment? 2) Make a semi-annual mortgage repayment scheme showing for each time period the principal, principal repayment, interest,...
Jon received a substantial inheritance from his deceased grandfather, who expressed in his will his desire...
Jon received a substantial inheritance from his deceased grandfather, who expressed in his will his desire that Jon invest at least 75% of the money in real estate. Jon is in the market for his first home and plans to make a down payment of 20% of the home's purchase price and finance the rest with a mortgage. Jon wants to purchase some investment property in the form of residential rental real estate and is thinking about starting a real...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT