I’m trying to study for my Business course and I need some help to understand this question.
Please choose ONE of the questions below and write at least a 2 paragraph journal entry that reflects your understanding of this topic. Sound critical thinking involves understanding various points of view, evaluating positions, and then establishing your own opinion. First, gather information, evaluate the legitimacy of the arguments, paraphrase the evidence you used to form your position using your own words (remember citations if you quote a source), and finally establish and explain your position on this topic.
Before posting your entry make sure it is grammar and spell checked.
Module 1 Journal Questions (please choose one):
- Although most new firms start out as sole proprietorships, few large firms are organized this way. Why is the sole proprietorship such a popular form of ownership for new firms? What features of the sole proprietorship make it unattractive to growing firms? (Chapter 5);
- Not everyone dreams of owning their own business. Identify and describe at least three attributes of successful entrepreneurs. (Chapter 6)