Unit 1
In both your Reading and in the Learning Activity you have reviewed the legal forms of business entity. Depending on how your business is set up as a legal business entity affects the financial and long term success of your business.

Describe three types of business entities, and describe at least three stakeholders for each one. What are the stakeholders’ interests in each of these business entities? Do any of these stakeholder interests conflict with each other? If so, how?

Unit 2

This week you reviewed the employment process in your Learning Activity. Now you will get an opportunity to discuss some of the issues that affect small businesses in this arena.

What do you think are the most serious weaknesses in the interviewing process as conducted at many small businesses? How could these be remedied? Are on-line testing and games to screen potential candidates fair in your estimation? Why or why not?

Unit 3

This Discussion provides you with an opportunity to apply and discuss the employment process concepts presented in your Reading and Learning Activity.

You practiced with the hiring process concepts in the Learning Activity this week. Learning how to apply this process should better prepare you for your current or future management position. Most managers must participate in or are responsible for the hiring process at some point in their jobs. If you run a small business you may have to do all the hiring yourself, at least initially.

Read the scenario below and then respond to the Discussion topics.

Scenario:

GlobalTrek is an adventure clothing and supply company. They specialize in first time – moderate experienced adventure travelers. They carry travelling clothes that are meant to take a beating, as well as gear such as rehydration salts, climbing ropes and carbines, backpacks with emergency GPS devices, and the like. They