Answer these two questions:
In light of what you have learned in class:
- If you are going to start a new business, (a) provide a short introduction to explain which type of business it is? (b) What would be your organization’s vision and mission? (b) Elaborate on the components of your mission statement? (2%)
- Write an essay to explain the potential causes of diseconomies of scale. Support your answers with examples. (3%)
General guidelines:
- The assignment is to be computer typed and submitted as a hard copy. Thus, spelling and grammar mistakes are not acceptable.
- Make sure to apply what was explained in class in terms of writing style using Booth et al.’s (2000) view to construct your answers/arguments.
- Make sure to cite and reference your work.
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