Questions from Business Foundation

Q: Explain the advantages and disadvantages of franchising. (1)

Explain the advantages and disadvantages of franchising. (1) Why might a business owner with a successful concept decide to sell franchises rather than expanding the company under his or her own contr...

Q: Explain the importance of management, and identify the three vital management

Explain the importance of management, and identify the three vital management roles. (1) How are social media changing the nature of the manager’s information role? (2) Would managers get more respect...

Q: Describe the planning function, and outline the strategic planning process.

Describe the planning function, and outline the strategic planning process. (1) Would Boeing and Old Navy develop strategic plans over the same time horizon? Why or why not? (2) How does the vision st...

Q: Describe the organizing function, and differentiate among top, middle,

Describe the organizing function, and differentiate among top, middle, and first-line management. (1) Why might a manager need to deemphasize skills honed in previous positions as he or she rises thro...

Q: Discuss the nature of conflicts in global business, including free trade

Discuss the nature of conflicts in global business, including free trade and government interventions into international trade. (1) What would happen to U.S. workers if all trade intervention suddenly...

Q: Describe the leading function, leadership style, and organizational culture.

Describe the leading function, leadership style, and organizational culture. (1) Are management and leadership the same thing? If not, why not? (2) Can a single individual be an autocratic, a democrat...

Q: Describe the controlling function, and explain the four steps in the

Describe the controlling function, and explain the four steps in the control cycle. (1) Why is it important to meet the needs of internal customers? (2) Is lowering performance standards in response t...

Q: Identify and explain four important types of managerial skills. (

Identify and explain four important types of managerial skills. (1) Why is trust a vital aspect of a manager’s interpersonal skills? (2) What are the risks of poorly defining problems or opportunities...

Q: Explain the major decisions needed to design an organization structure.

Explain the major decisions needed to design an organization structure. (1) What are the risks of a poorly designed organization structure? (2) How does a flat structure change the responsibilities of...

Q: Define four major types of organization structure. (1)

Define four major types of organization structure. (1) Should The Container Store use the same organization structure in each of its stores around the country? Why or why not? (2) Why does a matrix st...