Due Today, Business Assignment. If you can't complete within 3 hours Do Not Request

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business_assignment_due_today.docx

APA FORMAT

No Plagiarism

Short Answer (In Depth Response, 200+ Words each)

Include two references which each question. One reference from the article, the other from outside sources.

· 1. In the article, “Pricing custom products without a standard cost system,” Jean Cunningham discusses the issues of pricing a custom product. What are the two methods she discusses and which method would you choose as an entrepreneur and why? (25.0 Points)

· Document Attached

· 2. In Goldsby and Nelson’s article, “Entrepreneurial design: A design based theory of entrepreneurship,” they outline steps to the entrepreneurial design process. In a short answer, define each of those steps and incorporate an “answer” for each step for your business. For instance, what do you need to complete/activate for each step for yourself as an entrepreneur? (25.0 Points)

· Document Attached

· 3. According to Krell’s article, “The state of small business,” outsourcing is now more possible and feasible for small businesses. Discuss outsourcing for the small business; include the challenges and solutions as discussed by Krell. (25.0 Points)

· Link: bbr.baylor.edu/small-business

· 4. Using the six inventory drivers as described by Dennis Lord in his article, “Inventory: The necessary evil?”, outline each of these drivers describing what each is and what the small business owner should do to ensure proper inventory. (25.0 Points)

· Link: http://www.imsconsulting.ca/?r=24

Citations for articles and Links:

Lord, D. (2005). Inventory: The necessary evil? Materials Management and Distribution, 50(3), 74. Retrieved from http://search.proquest.com.ezproxy2.apus.edu/docview/227968414?accountid=8289

Cunningham, J. (2006, Jan). PRICING CUSTOM PRODUCTS WITHOUT A STANDARD COST SYSTEM. Cost Management, 20, 45-47. Retrieved from http://search.proquest.com.ezproxy2.apus.edu/docview/209695291?accountid=8289

Krell, E. (2011).. Baylor Business Review, 30(1), 4-11. bbr.baylor.edu/small-business

Goldsby, M. G., & Nelson, T. E. (2012). ENTREPRENEURIAL DESIGN: A DESIGN BASED THEORY OF ENTREPRENEURSHIP. Journal of Business and Entrepreneurship, 23(2), 80-95. Retrieved from http://search.proquest.com.ezproxy2.apus.edu/docview/1012583518?accountid=8289