BUSN 115 STUDY Extraordinary Success /busn115study.com BUSN 115 STUDY Extraordinary Success /busn115study | Page 9

small hospital that, like many others, is experiencing financial
problems. A suggestion that you would make to help improve the
financial position of the hospital and correct the financial problems
is to (Points : 5)
CO 1) What type of economic system lies between capitalism and
communism? Explain why it is more effective than other economic
systems. (Points : 25)
Question 2.2. (TCO 2) Compare and contrast strategic alliances
with joint ventures. (Points : 25)
Question 3.3. (TCO 3) Identify and explain the incentives for
entrepreneurship. Address why someone would willingly take the
numerous risks associated with running a business. Also, discuss
the major attributes necessary for a successful entrepreneur. (Points
: 25)
Question 4.4. (TCO4) Define marketing. Compare and contrast
place marketing with cause-related marketing.
(Points : 25)
Question 5.5. (TCO 5) Define the five major types of organization
structure. (Points : 25)
Question 6.6. (TCO 6) Businesses try to create systems that deliver
goods or services to customers as efficiently as possible. This often
involves multiple steps and systems that hopefully work together to
accomplish that goal. Explain the systems perspective, and identify
at least five principles of systems thinking that can improve your
skills as a manager. (Points : 25)
Question 7.
7. (TCO 7) What is a balance sheet? Why is it called a balance
sheet? (Points : 25) 19.99