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Essay type assignments basic English don't make me sound like a rocket scientist

Date Posted: 26/04/2016
Category: Economics
Due Date: 02/05/2016
Instruction

Choose two out of three essay questions to respond to for the final examination. Each question must be typed (no hand written submissions will be accepted), double-spaced, with a 12 point font. Each question should be a minimum of 1.5-2 pages in length in order to receive full credit. You also must include business cases, personal feelings, and relate concepts from class discussions in order to receive full credit. These three questions will be worth 100 points toward your final examination grade. Thus each question will be worth a maximum of 50 points each. Keep in mind that this is an individual effort and no collaboration between members of this class is acceptable. Any student(s) that collaborates on the essays will receive an F for the final examination grade. If you use another persons work (i.e. Text of articles online.), you must cite the author in a works cited section. Taking another individual s thoughts, expressions and or written work without citation is a violation of academic integrity. It is required that you use at least 2 outside sources for each essay. Any questions you might have should be directed to the professor for further explanation. Essay questions are due December 8, 2015 by noon. No late submissions will be accepted.



1)Why is profit planning within a small business essential? Please consider if a small business is maintaining a constant profit could that business fail? Would you agree or disagree with this statement? Example yourself using lots of details and potential scenarios. You might set up two of three potential situations within your response.



2) Explain what risk management means. Define the different forms of risk: pure risk, and speculative risk, as it would relate to small business management. Enhance your understanding by using practical examples.

3) What should small business managers consider when insuring his or her business? What are some of the insurances available and describe the coverage and various benefits of the coverage. Within your explanation make sure you discuss how you as a manager could safeguard yourself from white collar crime.




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