Questions from Business Foundation


Q: What are three essential functions of a business plan?

What are three essential functions of a business plan?

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Q: What are the advantages of buying a business rather than starting one

What are the advantages of buying a business rather than starting one from scratch?

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Q: What are the advantages and disadvantages of owning a franchise?

What are the advantages and disadvantages of owning a franchise?

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Q: What are the key reasons for most small-business failures?

What are the key reasons for most small-business failures?

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Q: What is a business incubator?

What is a business incubator?

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Q: Why is the entrepreneurial spirit vital to the health of the national

Why is the entrepreneurial spirit vital to the health of the national economy?

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Q: Who provides the leadership in a self-managed team or other

Who provides the leadership in a self-managed team or other organizational unit without an appointed manager? Explain your answer

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Q: What are some possible benefits and risks of having teams compete against

What are some possible benefits and risks of having teams compete against each other, such as having the sales teams from various regions compete to add the newest customers?

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Q: How do autocratic, democratic, and laissez-faire leadership differ

How do autocratic, democratic, and laissez-faire leadership differ?

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Q: Why are coaching and mentoring effective leadership techniques?

Why are coaching and mentoring effective leadership techniques?

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