Dealine Oct 3, 2012 time 12: oo pm 2 page only Document Preview: Assignment ListUnit 1 - The Business Environment Reading Assignment: Introduction to Business, Chapters 1-4 and Appendix A...

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Assignment List Unit 1 - The Business Environment Reading Assignment: Introduction to Business, Chapters 1-4 and Appendix A Assignment Type: Individual Project Deliverable Length: 2-pages Points Possible: 125 Due Date: 10/3/2012 11:59:59 PM CT Assignment Legal, Social, and Economic Environments of Business Before you begin, review the following resources: Review APA Style Sample Paper HYPERLINK "https://mycampus.aiu-online.com/courses/BUS105/Assignment_Assets/APAORG_Sample_Paper.pdf" \t "_blank" here. Complete the APA style tutorial HYPERLINK "http://www.apastyle.org/learn/tutorials/brief-guide.aspx" \t "_blank" here. Review the Frequently Asked APA Questions HYPERLINK "http://www.apastyle.org/learn/faqs/index.aspx" \t "_blank" here. Read Course Welcome Letter HYPERLINK "https://mycampus.aiu-online.com/courses/BUS105/Assignment_Assets/Welcome_Message.pdf" \t "_blank" here. Click HYPERLINK "https://mycampus.aiu-online.com/courses/BUSN105/Assignment_Assets/BUSN105_ScenarioA.pdf" \t "_blank" here to read the scenario. Based on the business scenario you have just reviewed, you will prepare an APA formatted paper that reflects your knowledge of the legal forms of business. Specifically, you will make a management decision regarding the legal form of business you believe would be appropriate to enable the firm to successfully address the business issues it is currently facing. Keep in mind that from a legal perspective, businesses are organized as one of the following: Sole Proprietorship Partnership Corporation Click HYPERLINK "https://mycampus.aiu-online.com/courses/BUSN105/Assignment_Assets/Unit1_WhatIf.zip" \t "_blank" here if you would like to see a What-If Analysis for this assignment. At a minimum, your paper should include: A brief interpretation of the scenario issues. The advantages and disadvantages of each business type (sole proprietorship, partnership, and corporation) when compared to the issues and each...

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Answered Same DayDec 20, 2021

Answer To: Dealine Oct 3, 2012 time 12: oo pm 2 page only Document Preview: Assignment ListUnit 1 - The...

Robert answered on Dec 20 2021

122 Votes

RUNNING HEAD: HOME APPLIANCE: A NEW BUSINESS IDEA 1
Home Appliance: A New Business Idea
Student Name
University
HOME APPLIANCE: A NEW BUSINESS IDEA 2

ABSTRACT
Business ideas are of no use until they are implemented in the real scenario. But before
turning ideas into reality, it is important to have feasibility analysis of the same. All the
factors related to that business prospect should be evaluated first prior to stepping out.
Choosing the business type is one of the most crucial decisions which has long-term effect on
the business. This paper analyses pros and cons of the business formats that may be suitable
for a new kind of home appliance.
SCENARIO
A great idea has popped into my head and I have to shape that idea into to reality. However, I
am not expert into that area. I am engaged in home cleaning and home remodeling but the
idea is related to home appliance. So, I have catered service sector but now I have to enter
product segment. Secondly, I have financial skills but no management skills. Management
skills are keys to success for a new start-up. Thirdly, the funding of the project is a great
obstacle and I have no idea what cost it would take. I am pretty much convinced that the
product will work well considering the market scenario. Overall, it is worth taking the risk.
Now the question arises what would be the most suitable entry mode or business format for
this product?...

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