Unit 1 Seminar option 2 MT209 An entrepreneur is someone who starts businesses (not necessarily runs them). In any case they are interested in setting up a "money making machine" and have other people run it (that could be managerial all the way down to janitor). So, they create value for customers and generate profits that allow employees to be paid, and generate profits that allow vendors to be paid for services rendered to the company (and they use bank loans to capitalize the business, so it gives the banks some money too). In short, they increase competition in the marketplace by increasing the number of potential competitors, which has the tendency to send the price of old goods down in the economy. (How much does a computer cost now compared to 15 years ago?)
Business Resources Task 3 What are financial sources? In order to be successful businesses, no matter how big or small they are, need finance. It’s the key element in business. Finance is the money for a business. And so wellbeing and growth of business depends on how much of financial sources businesses obtain.
A business is then formed from these people, and they become business people. Business people use their services to produce whatever a consumers demands, when these demands are fulfilled, the consumer pays and then the business gains money. If businesses want to gain more money, the business must spend more money, more money spent means more money flowing through the economy. A strong economy makes a strong government, and a strong government makes strong people to support the government. Although the business cycle is not as simple as I stated, fundamentally that is how it works, by using their greed business people end up helping everyone instead of hurting, and thus business people are captains of industry.
“Business entities are distinct organizations in our society whose sole purpose is to increase profits for shareholders”(Kubasek et al., 2012, p. 192). Benji learned all about these types of companies when he attended Liberty University and now he is interviewing for a job with one of them. What Benji needs to realize is that as the narrative discussed not only will New Gen prey on the “fat and lazy” customers they also exploit their employees for economic gain. This aspect of New Gen is not alarming by itself, that’s why companies hire employees. This is symptomatic of a highly skilled corporate culture.
An entrepreneur is a person who organizes and operates a business or businesses, taking on financial risks to do so. Like a manager that Josh is, being a successful entrepreneur requires many different characteristics: Being able to plan Managing money Staying organized Confidence Risk- taking Open- minded Knowledgeable Tenacity Competitiveness Decisiveness Integrity Planning- In business you should always plan, the ability to plan is one of the many characteristics an entrepreneur should have. Writing a business plan can save you a lot of time and money, it is the best way to test if your idea is realistic. 1) Do you know what your business will be good at? 2) Do you know where you hope to be in the next 3 years?
What about issuing debt in his Johnson Services company to pay for the Smith Company-would that raise debt to equity issues? Mr. Jones will need to evaluate the existing stocks portfolio for Smithon Widgets before resorting to outright purchase of stock even if it was indicated that the company is profitable. He needs to investigate further the reason of the absence of a single majority shareholder from the existing thirty shareholders and how it operated in that condition. Issuing debt by Johnson Services Company to pay for the Smithon Company will certainly raise debt to equity issues. If a lot of debt is used to finance increased operations then it will incur a high debt to equity ratio, the company could potentially generate more earnings than it would have without this outside financing.
The Ford Pinto Case: Kantianism In the business world there is one goal, to make profit. The people in charge of the businesses try and create the most revenue for their stakeholders as well as themselves. However, if a company’s one and only goal is to make money, ethical problems are due to arise. Many times, what is best to make money is not what is best for the general public. Should people’s well-being and safety be compromised in order to benefit the people who have a stake in the company?
TSE is having an aggressive growth-by-acquisition plan to create opportunities and entries into more dynamic markets than the ones TSE presently served. They find although it had done well in the past, but the company had produced few new breakthrough products in recent years. If this trend continued, TSE would be left behind its competition. Now, they are considering Yeats Valves the first among several potential targets. But right before the acquisition plan, there were cruel month for stocks in general with the bursting of the dot-com bubble.
Assets may be tangible physical items or intangible items with no physical form. Assets add value to a company, and they are important to a company’s continued success. The total capital shows the investors just how much common stock there is and just how much capital is paid. However, it also shows how much the company holds back in the retained earnings. This is just one of many statements that investors will look at when looking into a company whether it is because they want to invest or are shareholders.
The reason why I say this is because the professional sites that charge a membership fee offer more options and services than that of free sites. Also if you are trying to move up in the business world and being associated with the free sites, major companies could look down on that and could ultimately cost you a job or some very important contacts. References: About us. (2013, January 01). Retrieved from http://www.techamerica.org/about/ Paskowski, M. (2008, December 24).