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

 

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