BUS 150 Lecture 6: Business Chapter 6 – Business in Action
Document Summary
Business chapter 6 business in action (bovee) Small businesses an independently owned and operated company that employs fewer than 500 people and (cid:862)is (cid:374)ot do(cid:373)i(cid:374)a(cid:374)t i(cid:374) its field of operatio(cid:374)(cid:863) Take risks that bigger companies tend to avoid. Injecting a considerable amount of money into the economy. They offer fewer goods and services to fewer market segments. Easier to react to changes in the marketplace. The positive, forward-thinking desire to create profitable, sustainable business enterprises. Do(cid:374)"t (cid:449)a(cid:374)t to (cid:449)ork for so(cid:373)eo(cid:374)e else a(cid:374)y(cid:373)ore. To pursue specific business goals that are of importance to them at a personal level. Summarizes a proposed business venture, goals, and plans for achieving those goals. Government agencies and non-profit organizations: small business administration, minority business development agency, score, u. s. chamber of commerce. A team of people with subject-area expertise or vital contacts who help a business owner review plans and decisions.
