Question

Proposition: Support or oppose this statement: family businesses are conducted quite differently than other small businesses,...

Proposition: Support or oppose this statement: family businesses are conducted quite differently than other small businesses, so we really need two different theories of the economics of small businesses.

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Ans:-I agree with this statement family business are conducted quite different than other small business .A family owned business means any business that is two or more family members of a family involved in a business and most of its ownership or shares are controlled by the family members.In the family owned business the members are give confidents to others and encourage others that leads to success in the business .In the family owned business all the partners are afraid of their insufficiencies.Employees of most family owned business are happy and more productive than other small business.A family owned business must have clear aim and visions that lead to success,they also have a good success plan,they have good administrative structure,modification plan etc..So family business is totaly different from other small business.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Proposition: The government ought to do nothing to support either small businesses or fast-growing businesses, but...
Proposition: The government ought to do nothing to support either small businesses or fast-growing businesses, but let the market decide among firms of all kinds. Support or oppose this proposition.
WWC provides information technology support to small businesses by recommending and installing hardware. The leadership team...
WWC provides information technology support to small businesses by recommending and installing hardware. The leadership team wants to launch a new division that develops custom software for small businesses, and the team is developing a business plan for the unit. (This question has two parts.) a. The marketing vice president notes that if they provide custom software to a business, they would be more likely to also get a hardware support contract if the customer likes the software. The finance...
Limpets are small snail-like mollusks that have more or less conical (rather than coiled) shells. Many...
Limpets are small snail-like mollusks that have more or less conical (rather than coiled) shells. Many species of limpets can exist in saltwater but may also move into brackish water (less salty than seawater, but still not quite freshwater). A researcher was interested to see if existing in water with different salt concentrations altered the rate at which two species of limpets (Acmaea scabra and Acmaea digitalis) consumed oxygen (measured in µL of O2/mg of dry body weight/minute). The salt...
A.D. Small Consulting A.D. Small, Inc., provides management consulting services from its offices located in more...
A.D. Small Consulting A.D. Small, Inc., provides management consulting services from its offices located in more than 300 cities in the United States and abroad. The company recruits its staff from top graduates of recognized MBA programs. Upon joining A.D. Small, a recruit attends an intensive two-month training program at the Boston headquarters, and upon successful completion of the training program is assigned to a consulting team in a field office. To make sure that the training program covers new...
Please can someone summarize the content below? Thank you. Medications Work Differently In Older Adults Print...
Please can someone summarize the content below? Thank you. Medications Work Differently In Older Adults Print FacebookTwitterLinkedInEmail Medication dose, as well as information about the effectiveness and side effects of medication, are generally determined by studies done in relatively young, healthy people. This information may not apply to older adults, because our bodies and how we process medications change with age. As we get older, our bodies react to drugs differently than when we were younger. The aging process, along...
Hello, I need a summary of this article. Thanks Creating a New Mission Statement By Tara...
Hello, I need a summary of this article. Thanks Creating a New Mission Statement By Tara Parker-Pope January 5, 2015 4:38 pm January 5, 2015 4:38 pm Forget the New Year’s resolution. This year, try creating a personal mission statement instead. While it is common for businesses to define goals and values with mission statements, most people never take the time to identify their individual senses of purpose. Most focus on single acts of self-improvement — exercising more, eating more...
Ben and Chris combined their love of hockey with a business venture. They purchased a small...
Ben and Chris combined their love of hockey with a business venture. They purchased a small portable cart and began selling hockey memorabilia outside of the hometown hockey arena. Their first year went well, but this past year has been a real struggle. Due to poor economic conditions including a loss of jobs, ticket sales at the arena are down, which has significantly hurt their sales as well. As a recent business school graduate, you explain to Ben and Chris:...
Question -Organizational change goes beyond promotions and the threat of layoffs. What ways other than those...
Question -Organizational change goes beyond promotions and the threat of layoffs. What ways other than those discussed in the case would you use to entice people to embrace proposed changes? Provide several suggestions and justify their rationale. CASE STUDY- Blue Cross and Blue Shield, and Others: Understanding the Science behind Change Kevin Sparks has been trying to get his staff to change the way it monitors and supports the data center for the past year, but he hasn’t been getting...
When is a hypothesis considered scientific? a. when it is based on something other than observation...
When is a hypothesis considered scientific? a. when it is based on something other than observation b. when it can be tested and is refutable c. when it relies on anecdotal evidence d. when it relies on mystical explanations e. All hypotheses are considered scientific until experiments determine otherwise. 3. Of the following, which is the earliest step in the scientific process? a. generating a hypothesis b. analyzing data c. conducting an experiment d. drawing a conclusion e. developing a...
Exploring Innovation in Action Power to the People – Lifeline Energy Trevor Baylis was quite a...
Exploring Innovation in Action Power to the People – Lifeline Energy Trevor Baylis was quite a swimmer in his youth, representing Britain at the age of 15. So it wasn’t entirely surprising that he ended up working for a swimming pool firm in Surrey before setting up his own company. He continued his swimming passion – working as a part-time TV stuntman doing underwater feats – but also followed an interest in inventing things. One of the projects he began...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT