Devry SBE 440 Entire Class

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1. Assuming that you do not possess all of the skills to carry out every business function, which management skill would you acquire first, and why? 2. What are the advantages and disadvantages of outsourcing key management functions, such as marketing and finance?

1. For the business you chose, what form of ownership seems best? Why? Discuss the pros and cons of the alternative forms of ownership that lead to your decision. 2. Does a corporation really mitigate legal risks to the operator of the business? If so, how are the risks mitigated? What risks remain?

SBE 440 Week 7 DQ 1 The most interesting (or most challenging) information I found was ___. If you provide a truly new product or service, where did you find relevant financial information?

Suppose you are approached by an interested investor to buy your business. Do you know how to value your business to be able to respond? How do you determine the value of your business? Might you work for an investor who bought your business? Why or why not?​

I plan to open a small specialty cupcake bakery in an area with little apparent competition. My market research suggests that I can reach a sales level of $650,000 the first year. My products sell at an average of $3.75 per piece. The above assumptions imply an output of about 48 dozen per day. What are the operational possibilities of reaching this sales level? Why or why not?

Define 2–4 key operating metrics that can help control your operation. What are the industry standards for these metrics? How will you balance your time between new product or service innovations and current operational controls?

For your specific business, what is the single most important operating decision you need to make before startup? If you produce a product, does it have value as an intellectual property? If so, how can you protect it?

SBE 440 Week 5 Assignment Operations Plan and Product Development Plan

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