Course Discussion

Posted: January 10th, 2014

Here is the name of my book to help you. Please write out the question and then answer please. Thank you.
Hatten, T. S., (2009), Small Business Management, Entrepreneurship and Beyond, 4th Edition Houghton Mifflin

Course discussion 1

1) Question from Chapter 12 of the text. What impact can shrinkage have on an inventory system?

2) Question from Chapter 13 of the text. Why should the small business owner consider the demographics of an area when choosing a location for opening a new business? Name some sources of demographic information that are valuable tools to use in this evaluation.

Course discussion 2

1) Question from Chapter 12 of the text. Explain how the Pareto rule is important to a small business owner.

2) Question from Chapter 13 of the text. How can a small business owner create competitive advantage with a channel of distribution?