BMGT 110 Introduction to Business and Management Fall 2014
Question # 00040713
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Updated on: 01/07/2015 01:39 AM Due on: 08/31/2015

BMGT 110
Introduction to Business and Management
Fall 2014
Question #1: Although most new businesses start out as sole proprietorships, few large businesses are organized this way. Why is the sole proprietorship such a popular form of ownership for new businesses? What features of sole proprietorship make it unattractive for growing businesses? What business forms would be more appropriate for a growing business?
Question #2: Why would a U.S. company decide to form a strategic alliance with a company in another country? What kinds of ethical considerations might the U.S. company be faced with given possible differences in laws and standards between the two countries?
Question #3: How are cross-functional teams used in businesses today? Why are they important to achieving business goals? What advantages might employees get from working within those kinds of teams?
Introduction to Business and Management
Fall 2014
Question #1: Although most new businesses start out as sole proprietorships, few large businesses are organized this way. Why is the sole proprietorship such a popular form of ownership for new businesses? What features of sole proprietorship make it unattractive for growing businesses? What business forms would be more appropriate for a growing business?
Question #2: Why would a U.S. company decide to form a strategic alliance with a company in another country? What kinds of ethical considerations might the U.S. company be faced with given possible differences in laws and standards between the two countries?
Question #3: How are cross-functional teams used in businesses today? Why are they important to achieving business goals? What advantages might employees get from working within those kinds of teams?

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Solution: BMGT 110 Introduction to Business and Management Fall 2014