Discussion:
• Discusses the constant high rate of business failures in the U.S. Select one of the reasons for failure and develop an outline of a step-by-step plan for overcoming that reason for failure.
• Agree or disagree with the following scenario: Imagine that someone told you that today's global marketplace and the ability of potential customers to easily compare the prices and services of firms means that business owners must always compete on the basis of price. Develop a response to this person that clearly illustrates your position and explains why you feel that way.