B2: For each form, identify a type of company that might use it and explain why it would be appropriate for the company. Use examples other than those mentioned in the reading.(
Read: Foundations of Business: “6.3 Organising”
Read this section for an overview of the types of organisational structures common in businesses.
Journal: Complete the following exercise and add it to your reflective journal.)
No response or response did not address question
0points |
superficial or partial response
1points |
complete response that adequately addresses all aspects of the question
2points |
good response but lacks external evidence or other high quality sources
3points |
excellent response that draws on external evidence and other high quality sources
4points |
- B3: Compare and contrast three forms of leadership – democratic, autocratic, and laissez-faire. Which style would you prefer to use yourself? Which would you prefer your boss to use? Explain your answers in both cases. ( Read:Foundations of Business: “6.4 Directing”
Read this section for an overview of the different leadership styles common amongst managers.
Journal: Complete the following exercises and add them to your reflective journal.)
No response or response did not address question
0points |
superficial or partial response
1points |
complete response that adequately addresses all aspects of the question
2points |
good response but lacks external evidence or other high quality sources
3points |
excellent response that draws on external evidence and other high quality sources
4points |
- B4: Compare and contrast the transactional-leadership style with the transformational-leadership style. Which style would you adopt as a manager, and why?( Read:Foundations of Business: “6.4 Directing”)
No response or response did not address question
0points |
superficial or partial response
1points |
complete response that adequately addresses all aspects of the question
2points |
good response but lacks external evidence or other high quality sources
3points |
excellent response that draws on external evidence and other high quality sources
4points |
- B8: For each of these products, identify at least five segmentation characteristics that you’d use in developing a profile for your customers. Explain the segmentation category into which each characteristic falls – demographic, geographic, behavioral, or psychographic. Where it’s appropriate, be sure to include at least one characteristic from each category.(
Read:Foundations of Business: “Chapter 9 Introduction” and “9.1 What is Marketing?”
Read this section for a basic overview of marketing.
Journal: Complete the following exercise and add it to your reflective journal.)
No response or response did not address question
0points |
superficial or partial response
1points |
complete response that adequately addresses all aspects of the question
2points |
good response but lacks external evidence or other high quality sources
3points |
excellent response that draws on external evidence and other high quality sources
4points |
B9: Prepare a brief report describing both your introductory and you long-term alternatives. Then explain and justify your choice of the methods that you’ll use. ( Read: Foundations of Business “9.3 Pricing a Product” Read this section for an overview of different product pricing strategies.)
No response or response did not address question
0points |
superficial or partial response
1points |
complete response that adequately addresses all aspects of the question
2points |
good response but lacks external evidence or other high quality sources
3points |
excellent response that draws on external evidence and other high quality sources
4points |
B12: Who uses accounting information? What do they use it for, and why do they find it helpful? What problems would arise if they weren’t provided with accounting information?( Read: Foundations of Business: “Chapter 12 Introduction” and “12.1 The Role of Accounting”
Read these sections for an overview of accounting in business.)
No response or response did not address question
0points |
superficial or partial response
1points |
complete response that adequately addresses all aspects of the question
2points |
good response but lacks external evidence or other high quality sources
3points |
excellent response that draws on external evidence and other high quality sources
4points |
B13: You’ve developed a financial plan for a retail business that you want to launch this summer. You’ve determined that you need $500,000, including $50,000 for a truck, $80,000 for furniture and equipment, and $100,000 for inventory. You’ll use the rest to cover start-up and operating costs during your first six months of operation. After considering the possible sources of funds available to you, create a table that shows how you’ll obtain the $500,000 you need. It should include the following items: Source of all funds Dollar amounts to be obtained through each source The maturity, annual interest rate, and security of any loan The total of your sources must equal $500,000.( Read: Foundations of Business: “13.4 The Role of the Financial Manager”
Read this section for an overview of the most common sources of funding for business.)
No response or response did not address question
0points |
superficial or partial response
1points |
complete response that adequately addresses all aspects of the question
2points |
good response but lacks external evidence or other high quality sources
3points |
excellent response that draws on external evidence and other high quality sources
4points |
B14: Write a brief report explaining the factors you considered in arriving at your combination of sources.( Read: Foundations of Business: “13.4 The Role of the Financial Manager”
Read this section for an overview of the most common sources of funding for business.
)
No response or response did not address question
0points |
superficial or partial response
1points |
complete response that adequately addresses all aspects of the question
2points |
good response but lacks external evidence or other high quality sources
3points |
excellent response that draws on external evidence and other high quality sources
4points |