After reading the chapters in this module, review the following three (3) topics below. Choose and post your response for one (1) topic.
#1Chapter 1High-Potential Ventures
Many see every small business as a high-potential venture. How realistic is that? Are most small businesses high-potential ventures or do they tend to be less lucrative?#2Chapter 2 The Greatest Issue?
In a survey of small businesses, respondents said the most difficult ethical issue they faced were relationships with customers, clients and competitors. Discuss ethical issues you believe fit into those categories and how a business can address them.
#3Chapter 2 Social Responsibility
Meeting obligations to society and the environment may cost a business more money. Is social responsibility only an issue for large corporations or is it important for small businesses to make this part of their operations? Discuss the impact of social responsibility on a small firm and how they should respond.