BUSN 115 study Great Stories/busn115study.com BUSN 115 study Great Stories/busn115study.com | Page 9

Question 3.3. (TCO 1) You are fairly good at various and sundry home
repairs. You aren’t very good at electrical things, or anything having
to do with plumbing. But you’re great with painting, patching, and
general maintenance on a home. You’re contemplating starting a
home repair business in your town. What are some issues that you can
influence and should be concerned with in launching a new small
business start-up? (Points : 5)
Question 4.4. (TCO 3) A small business is defined as a company that
_____. (Points : 5)
Question 5.5. (TCO 1) You own Wash This Way Laundromat in a busy
part of town. ABC Laundry, a chain store competitor, opened across
the street in a busy shopping strip. You decide to improve your
business by adding an internet café offering free Wi-Fi. Why? (Points :
5)
Question 6.6. (TCO 2) These are government policies aimed at
shielding a country's industries from foreign competition. (Points : 5)
Question 9.9. (TCO 2) It can be difficult to balance ethics and other
goals, such as pleasing stakeholders or adva
ncing your career. According to management writer Ken Blanchard
and religious leader Norman Vincent Peale, it helps to ask oneself