Critically examining why businesses that are made up of two or more people coming together with the aim of making profit fail in Ghana. You are to support your answers with relevant examples. Critically examining why businesses that are made up of two or more people comingtogether with the aim of making profit fail in Ghana. You are to support your answers withrelevant examples. ( 20 Marks)

Solution according to the question above : Examining why the small businesses together with the aim…

Answered: suppor O Marks)

Business

Accounting

suppor O Marks)

Business/Professional Ethics Directors/Executives/Acct

8th Edition

ISBN:9781337485913

Author:BROOKS

Publisher:BROOKS

Chapter1: Ethics Expectations

Section: Chapter Questions

Problem 17.1EC

See similar textbooks

Similar questions

10. Explain the difference between western dominant worldview (exploitation mindset) and Indigenous worldview (regeneration mindset). 9. List three advantages of using social media if you are a busine10. Explain the difference between western/dominant worldview (exploitation mindset) and Indigenous worldview (regeneration mindset). 9. List three advantages of using social media if you are a business. List three disadvantages of using social media if you are a business. 8. Explain the difference between low-context and high-context cultures. 7. Provide definitions for the following terms: Ethnocentrism Xenophobia Cultural Pluralism Stereotyping 6. What is culture? What is cultural competency? 5. What are the five cultural influences? Reference Thill, J. V. (2017). Excellence in Business Communication/John V. Thill, Courtland L. Bovee.
Mr. Said started a new company in which he is providing cleaning services. He is looking to get business from big hotels in Salalah but struggling to get it, as he is new to this market. What should he do to overcome this problem? a. Make more marketing efforts to authenticate his small business b. Wait to get support from the government c. All of the options given d. Hire less workers
how could MIN() and MAX()In excell benefit a small business? Create an example where knowing such value may help a manager make a smart business decision.
One of your long-term customers asks if you can change the terms to FOB Destination to help them save money. Do you change the terms, why or why not? What positive and negative implications could this have for your business, and your customer? What, if any, restrictions might you consider if you did change the terms?
PURPOSE:The concept of creating shared value (CSV) was articulated by Michael Porter and Mark Kramer. They describe it as “Creating economic value in a way that also creates value for society by addressing its needs and challenges. Businesses must reconnect company success with social progress. Shared value is not social responsibility, philanthropy, or even sustainability, but a new way to achieve economic success.”34 This approach to business is especially relevant in today’s business world as the connection between businesses and their customers becomes stronger through social media attention and easy access to information on the internet. Many customers not only care about the product or service value but also want to know how the company operates and what it stands for. From the company’s perspective, it is also very important to understand that not all profit is equal. Porter and Kramer state, “Profits involving a social purpose represent a higher form of capitalism—one that will…
Rahul is an intern at a retail store. Store accountant is trying to talk the owner and is trying to convince him to purchase an integrated enterprise system (IES) for small businesses. The owner thinks the accountant is just trying find a way to charge more service fee. On what basis would Rahul convince the owner that each piece of the integrated enterprise system would help the business?
Technopreneurship 101 - Week 13 (Written Works) 1. Basic Finance for Startups a. What is startup? Why are they important in the business world? (Explain) b. Where do startups get funded? What are the strategies to get funded? (Explain) c. How to manage startup finances? (Explain) 2. How to Pitch your Business Ideas? (Presentation Strategy) a. What is pitching? Why is it important for business idea? (Explain) b. Explain each step of pitching business ideas. c. Strategies for a successful pitching. (Expound)
One of the major advantages of small businesses is that the investment for running the business is not a major issue this statement is a.Fully false b.Partly false c.Fully true d. Partly true In one of the reputed firm total number of employees were more than 150 and the annual sales in 2019 was around 5 million OMR. In 2020 the company had a huge crisis because of the Corona pandemic which leads them to decrease their number of workers to 55, as a cosuquance their annual sales drop to 723,000 OMR. Based on last year data and according to the Ministry of commerce and industry the business will be categorized under a.None of the given options b.Micro business enterprise c.Small business enterprise d.Medium business enterprise Which of the following Statement(s) is/are Correct? Statement 1: Entrepreneurship is a systematic process of applying creativity and innovation to needs and opportunities in the marketplace Statement2: Entrepreneurship involves using old ideas to create a product…
PROMOTING MYSELF (Chapter 8)• Create an outline for each of the following promotional strategies you plan to use as you begin your career. o Advertising: What does your resume look like? What does it say about you? Also consider what your social media profile says about you. If a prospective employer were to look at your Facebook, LinkedIn, or Twitter profile, would they like what they saw? Would it reflect the image of a thoughtful, driven professional?o Sales Promotion: Do the companies you want to work for offer unpaid internships? If so, how do you go about applying for them? How can you adjust your personal financial situation to take an unpaid internship if it helps to advance your career?o Personal-Selling: What will you say in an interview that will convince a prospective employer that he or she is better off with you than without you?o Public Relations: What do your colleagues think about you? Would your professors or classmates recommend you? Think about what you can do to…
Give two advantages and two disadvantages of using Net Present Value as an investment appraisal technique. Explain in no more than one sentence why each point you make is an advantage or disadvantage as if explaining to someone that has no understanding of the terminology or accounting jargon. The Graduate Recruitment Manager of WCITJ Ltd is interested in you as a potential summer intern and future employee. Like all employers, he is only impressed by students that are self motivated, that can communicate well, and those that research and read around their topics. He has asked you to explain, in one concise short paragraph each, three accounting concepts that you have read about during your initial study of accounting as part of your course.
Choose a company (local or multinational) of your choice and discuss how this Covid-19 pandemic might have impacted the financial performance of the company.Your discussion should not be more than 150 words.
Introduction, key issue/s, analysis and recommendation sections for each separate scenario. ACC2273 “Is there anything wrong?” Scenario 1 You run a small business that takes older machines and refurbishes them to sell at a “charitable” price. You are doing good for the environment and helping those who need these machines get one at a reasonable price when otherwise they would not have been able to afford one. … yes, business is and can be about helping others, it is not all about making a profit and selling stuff to people that don’t necessarily need stuff. As the owner you have hired a few people to run the business. They look after purchasing and selling, collecting and distributing. You charge (sell the machines for) a small “up-charge” of 5% over cost to cover your operating costs. Some pertinent financial data for 2022: beginning inventory $5,000, ending inventory $6,000, purchases for the year $61,000 and sales for the year $15,000. Is there anything wrong with your…