Entrepreneurial Leadership Task 1 Analyze and describe the founding leader, leadership style, and major business principles of a profit-oriented entrepreneurial approach in which the primary goal is to provide a product or service to consumers and to make a profit. Task 1 Response At the age of 22, John Schnatter founded Papa John’s Pizza in 1984 (Cendrowski, 2009). Mr. Schnatter converted a broom closet at Mick’s Lounge bar into a takeout pizza restaurant (Cendrowski, 2009). The concept
Words: 1494 - Pages: 6
might ask yourself why a business would need to carry commercial insurance. The answer is easy. You need commercial or business insurance to protect yourself, your business, employees and those who visit your business. For example, if someone has an accident on your business property, good business or commercial insurance will make sure their care is covered. It can also protect you if your business catches fire. Really any loss that could limit your ability to do business can be protected against
Words: 1653 - Pages: 7
honourable people have been working in his chain and marvels at how physically demanding and mentally exhausting some of the work is. He comes to know how hard and fast the employees have to work to keep customers satisfied and how delays can affect the business and outlet’s reputation. He comes across a very energetic manager who has been central to the turnaround of one Baja Fresh outlets due to his engaging and dedicated work. By meeting a salesperson, he wonders how some of the employees take their hardships
Words: 775 - Pages: 4
in one aspect of the business. The business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers. The sole proprietor had to be knowledgeable with personnel management, financial, production or operation and marketing, because if h/she only knows one are it might create a problem. Let us look at the situation of this case, of what is the personal strengths and weakness that an owner brings to the business? And how his/her personal
Words: 278 - Pages: 2
commodities are the two important aspects of modern business. Accordingly, the micro environment of business can be divided. The various constituents of micro environment are as under: Suppliers of inputs: An important factor in the external micro environment of a firm is the supplier of its inputs such as raw materials and components. Normally, most firms do not depend on a single supplier of inputs. To reduce risk and uncertainty business firms prefer to keep multiple suppliers of inputs.
Words: 1949 - Pages: 8
Introduction Accounting and bookkeeping is part of the foundation to any business, small or large, family business or public corporation, accounting is necessary. Before invemtory takes place, before any transations are processed the business must determine what basis suits the business better, the accrual basis or the cash basis. Deciding what basis to use is simple after understanding their functions and how it can influence the business bookkeeping. One of the main differences between these two basis
Words: 474 - Pages: 2
we will learn Thomas Edison’s and Blake Mycoskie’s leadership style, and major business principles for a profit-oriented entrepreneurial approach in which the primary goal is to provide a product or service to consumers and to make a profit. Also their major business principles for a social-responsibility oriented entrepreneurial approach in which the primary is goal to make a positive impact on society (people, families, ecology, or similar) while providing a product or service to consumers and to
Words: 1772 - Pages: 8
INTRODUCTION Castle’s Family Restaurant is a successful mid-sized company with 300-340 employees, with about 40% of staff being full-time. Due to such success, HR functions are becoming increasingly more time consuming and costly to accommodate the company’s growth. Currently the operations manager, Jay Morgan, is acting as the human resources manager is responsible for Castle’s eight locations in Northern California. Morgan is currently using Excel to manage payroll and manually prints employee’s
Words: 624 - Pages: 3
and be the first matriculant to achieve one in 5 years at her school: Social Stresses * Having to achieve an A aggregate to receive a bursary to study a B.Comm in accounting at Stellenbosch university: Social Stresses * First member of the family to finish matric: Social Stresses * Not having the financial aid needed to study at university: Environment Stresses * Stacey could have used 2 coping mechanisms when put under the social stress of being pressured into receiving an A aggregate
Words: 1683 - Pages: 7
including all critical business data through a single event became a true reality after 9/11 and businesses began exploring offsite data storage, which led to further recognition that these data recovery centers should not be in close proximity to the main business location, because again a single event such as a hurricane or mass power outage could affect both locations. It became important to choose a data recovery site had different risk and risks not associated with the main business location(s) to
Words: 1683 - Pages: 7
