5 short essay questions for small business managrement

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final_test_essays.docx

Question 1:

Compare and contrast a sole proprietorship, a partnership and a corporation. Provide examples of where you would use each structure.

Question 2:

Analyze the advantages and disadvantages of buying an existing business. Under what circumstances would one be more advantageous?

Question 3:

Compare and contrast the three basic types of locations for businesses. Using examples, evaluate when a particular type would be preferential.

Question 4:

Compare and contrast the process layout and the product layout. Evaluate the effectiveness of each.

Question 5:

Analyze the benefits of a code of ethics for a business.