Week 4 DQ 1
For the business you chose, what form of ownership seems best? Why? Discuss the pros and cons of the alternative forms of ownership that lead to your decision.
Does a corporation really mitigate legal risks to the operator of the business? If so, how are the risks mitigated? What risks remain?
Week 4 DQ 2
Assuming that you do not possess all of the skills to carry out every business function, which management skill would you acquire first, and why?
What are the advantages and disadvantages of outsourcing key management functions, such as marketing and finance?