1. Capital is difficult for small businesses to access for several reasons. It’s not that banks are against lending to small businesses – they want to – but traditional financial institutions have an outdated, labour-intensive lending process and regulations that are unfavourable to small businesses. Critically evaluate the opportunities and challenges faced by small businesses when accessing funding through a. Business Angels, b. Crowdfunding, c. Micro-financing and when to use different types of funding.
2. Big or small, innovations involve solving problems and challenges, whether with products or services, internal systems and processes or changes in the marketplace. What are the opportunities and barriers to innovation that small businesses face when they are focused on growth? Support your discussion with both examples of successful and unsuccessful small businesses.
3. Having a great marketing strategy in place is key to the success of any business. Critically analyse the advantages and disadvantages of three (3) different marketing strategies (for example, Email marketing, Social Media Marketing, Webinars, Joining Local Business Groups etc.) employed by small businesses.
Small businesses are often the lifeblood of economies around the world. However, they face significant challenges when it comes to accessing capital to fund their operations and growth. Traditional financial institutions often have complex and time-consuming lending processes that can make it difficult for small businesses to secure funding. In response to this, alternative financing options like Business Angels, Crowdfunding, and Micro-financing have become increasingly popular. This paper aims to evaluate the opportunities and challenges faced by small businesses when accessing funding through these alternative financing options and when to use different types of funding.
Mrs. Dudek is a 55-year-old with a history of extreme trigeminal neuralgia (aka TMJ) which was treated long-term with an acetaminophen-oxycodone combination drug and diazepam, the former for pain, and the latter for muscle relaxation. Initially, the combination of medications seemed to work somewhat, but she found herself needing to increase the dose every so often. Mrs. Dudek has seen numerous specialists, including a neurologist and psychiatrist, to help with management of her long-term nerve pain. She was trialed on carbamazepine and amitriptyline; however, she reported ‘horrendous’ side effects, so these were discontinued. During this time, Mrs. Dudek& ...
TASK: “Kmart opened New Zealand’s first discount department store in Henderson, Auckland in 1988. Today, Kmart delivers irresistibly low prices through more than 200 stores across Australia and New Zealand.” 1 In this assignment you are expected to discuss the operations of Kmart in New Zealand. Your answer should include logical discussions with supporting examples/evidence to cover the question Question: (a)How does Kmart aligns its key managerial decisions with its competitive dimension? Specifically, how does Kmart supply chain decisions sustain its competitive dimension? (your report must discuss at least three distinguished key ...
Post a description of the differences between change champions and opinion leaders. Be specific and provide examples. Change does not occur in a vacuum. Change must be made through leaders who initiate, support, and lead the change. Think of your identified or potential practice problem. Who are the leaders tasked with implementing this change? You should be a part of this list of leaders, but who else is championing the change? Who else is supporting the change and leading the way? Change can be hard, but change is also inevitable. Thus, change champions understand the purpose and necessity of change ...
Students in many Western universities today come from a wide range of cultural backgrounds. How can educational institutions turn this cultural diversity into an asset rather than a disadvantage?
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