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BUS 362 MENTOR is a truly special teacher is very wise and sees tomorrow in every student’s eyes
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BUS 362 MENTOR Educational Resources BUS 362 Entire Course FOR MORE CLASSES VISIT www.bus362mentor.com BUS 362 Week 1 DQ 1 Entrepreneurial Motivation and Rewards BUS 362 Week 1 DQ 2 Focus Strategy BUS 362 Week 1 Quiz (3 Set) BUS 362 Week 2 DQ 1 Business Plan BUS 362 Week 2 DQ 2 Venture Selection BUS 362 Week 2 Assignment Identification of Business Idea BUS 362 Week 2 Quiz (3 Set)
BUS 362 MENTOR Educational Resources BUS 362 Week 1 DQ 1 Entrepreneurial Motivation and Rewards FOR MORE CLASSES VISIT www.bus362mentor.com Entrepreneurial Motivation and Rewards. Discuss the motivators/rewards that encourage individuals to begin entrepreneurial careers. What problems might be anticipated if an entrepreneur were to become obsessed with one of these rewards – for example, if he or she had an excessive desire for independence? Respond to at least two of your classmates.
BUS 362 MENTOR Educational Resources BUS 362 Week 1 DQ 2 Focus Strategy FOR MORE CLASSES VISIT www.bus362mentor.com Focus Strategy. Provide an example of an entrepreneurial venture in your community that has successfully implemented a focus strategy to maintain a competitive advantage in the marketplace. Describe how you believe the venture protects its market from competition. Respond to at least two of your classmates.
BUS 362 MENTOR Educational Resources BUS 362 Week 1 Quiz (3 Set) FOR MORE CLASSES VISIT www.bus362mentor.com BUS 362 Week 1 Quiz 1. Question : _______________ involves developing a game plan to guide a company as it strives to accomplish its mission, goals, and objectives to keep it on its desired course. 2. Question : Which of the following is NOT one of the forces driving the entrepreneurial trend in our country?
BUS 362 MENTOR Educational Resources BUS 362 Week 2 Assignment Identification of Business Opportunity Project FOR MORE CLASSES VISIT www.bus362mentor.com Identification of Business Opportunity Project. Submit a one page overview of your Business Opportunity Project to include the business idea (new, franchise, operating business) and a list of references to use
BUS 362 MENTOR Educational Resources BUS 362 Week 2 DQ 1 Business Plan FOR MORE CLASSES VISIT www.bus362mentor.com Business Plan. Having taken an course on entrepreneurship, you have been asked by a friend to offer practical advice on writing a business plan. What advice would you give your friend? Identify five key points you would insist be included in a business plan. Respond to two of your classmates
BUS 362 MENTOR Educational Resources BUS 362 Week 2 DQ 2 Venture Selection FOR MORE CLASSES VISIT www.bus362mentor.com Venture Selection. You have always wanted to be your own boss and have your own business. What kind of business venture would you choose – start a new business, buy a franchise, or buy an existing business? Discuss why you have made your choice. Identify three advantages to your choice and three pitfalls you may encounter? Respond to two of your classmates.
BUS 362 MENTOR Educational Resources BUS 362 Week 2 Quiz (3 Set) FOR MORE CLASSES VISIT www.bus362mentor.com BUS 362 Week 2 Quiz 1. Question : Advantages to buying an existing business that you do not have with a startup include: 2. Question : Probably the most important reason to have a partnership agreement is that: 3. Question : Before purchasing an existing business, an entrepreneur should analyze both its existing and its potential customers.
BUS 362 MENTOR Educational Resources BUS 362 Week 3 Assignment WindVest FOR MORE CLASSES VISIT www.bus362mentor.com BUS 362 Week 3 Assignment WindVest WindVest. Read Case 4: WindVest Motorcycle Products: Down the Windy Road in your text on page 666. In a 2-3 page paper (excluding title and reference pages), provide an overview of the company and its product. Identify three recommendations to improve the domestic marketing strategy for WindVest’s
BUS 362 MENTOR Educational Resources BUS 362 Week 3 DQ 1 Market Analysis FOR MORE CLASSES VISIT www.bus362mentor.com Market Analysis. Why do you think entrepreneurs tend to overestimate market potential? What three steps or techniques would you recommend a new entrepreneur take so that market overestimation doesn’t occur? Respond to two of your classmates
BUS 362 MENTOR Educational Resources BUS 362 Week 3 DQ 1 Startup Mistakes FOR MORE CLASSES VISIT www.bus362mentor.com 1. Startup Mistakes In a study conducted by Entrepreneur Weekly, Bradley University and University of Tennessee, the failure rate for startup companies was 44% by the end of the third year in business. Meaning, almost one in two startups failed after three years. There are a variety of reasons for this low success rate among entrepreneurs – from poor market research, to accelerated growth, to lack of cash flow planning, to many others. Review the article “Biggest Startup Mistakes and How to Avoid Them,” and discuss the
BUS 362 MENTOR Educational Resources BUS 362 Week 3 DQ 2 Cost and Demand (Ash) FOR MORE CLASSES VISIT www.bus362mentor.com BUS 362 Week 3 DQ 2 Cost and Demand Cost and Demand. Think of a product or service. Discuss the role of cost and demand factors that should be considered when pricing that product or service. Respond to two of your classmates
BUS 362 MENTOR Educational Resources BUS 362 Week 3 Quiz (2 Set) FOR MORE CLASSES VISIT www.bus362mentor.com BUS 362 Week 3 Quiz 1. Question : The worst catastrophe to befall any business would be to: 2. Question : Optional product pricing involves selling the base product at: 3. Question : Companies with strong reputations for quality follow certain guidelines, such as: 4. Question : A pricing technique that sets prices that always end in numbers like “99” for prices such as $9.99 and $19.99 is an example of:
BUS 362 MENTOR Educational Resources BUS 362 Week 4 DQ 1 Cash Management FOR MORE CLASSES VISIT www.bus362mentor.com Cash Management. Identify three creative kinds of business relationships/financing arrangements that can be used to help manage cash in a small firm. Why are they viable options? Respond to two of your classmates.
BUS 362 MENTOR Educational Resources BUS 362 Week 4 DQ 2 Financing FOR MORE CLASSES VISIT www.bus362mentor.com Financing. If a new venture had its choice between long-term debt and equity financing, which would you recommend? Why? Respond to two of your classmates.
BUS 362 MENTOR Educational Resources BUS 362 Week 4 Quiz FOR MORE CLASSES VISIT www.bus362mentor.com BUS 362 Week 4 Quiz 1. Question : The _______________ shows what assets the business owns and what claims creditors and owners have against those assets, and is built on the basic accounting equation: 2. Question : When estimating the firm's end-of-month cash balance, the owner should first: 3. Question : A high debt ratio:
BUS 362 MENTOR Educational Resources BUS 362 Week 5 Business Opportunity Project FOR MORE CLASSES VISIT www.bus362mentor.com To complete this assignment, go to this week's Business Opportunity Project link in the left navigation: Business Opportunity Project Using your business idea from your Week Two Assignment, write an eight to ten page project paper that addresses the following:
BUS 362 MENTOR Educational Resources BUS 362 Week 5 DQ 1 E-Commerce FOR MORE CLASSES VISIT www.bus362mentor.com E-Commerce. Identify four factors a consumer might give for not using an online business. What actions might an entrepreneur take to overcome those factors? Respond to two of your classmates.
BUS 362 MENTOR Educational Resources BUS 362 Week 5 DQ 2 Business Location FOR MORE CLASSES VISIT www.bus362mentor.com Business Location. What are the key attributes of a good business location? Which of these would probably be important for a retail location in gaining a competitive advantage? Why? Respond to two of your classmates.