Name 2-3 risks you need to consider in your new venture?

BUSN115 Introduction to Business and Technology
Week 1 Discussion
DQ1 Not-for-Profit Organizations
Read/review the following resources for this activity:
Textbook: Chapter 1
Lesson
Minimum of 1 scholarly source
Initial Post Instructions
As Rice (2018) notes, “the boundaries that formerly separated not-for-profit and for-profit organizations have blurred, leading to a greater exchange of ideas between the sectors” (p. 14). Choose a not-for-profit organization that operates in your community or in your career field. Next, choose a for-profit business that provides a similar service. Compare and contrast the mission of both organizations. How does each organization use resources to achieve its goal? Do the organizations benefit from any exchange of ideas?
Reference:
Rice University (2018) Introduction to Business. Retrieved from https://openstax.org/details/books/Introduction-to-Business
DQ2 Role of Government in Business
Read/review the following resources for this activity:
Textbook: Chapter 1
Lesson
Minimum of 1 scholarly source
The government regulates business in many ways. Businesses must get permission to operate in the form of licensing and state and federal agencies work to provide protections.
Search in the Chamberlain library for “role of government” and one of the following protections.
Consumer protection
Employee protection
Environmental protection
Investor protection
Choose an article that you find from your search. Summarize the article and discuss its implications.

BUSN115 Introduction to Business and Technology
Week 2 Discussion
Global Trade and Quality of Life
Read/review the following resources for this activity:
Textbook: Chapter 3
Lesson
Minimum of 1 scholarly source
Initial Post Instructions
It has been said that global trade improves the quality of life. Do you believe that this is true? Are there examples of global trade lessening the quality of life in a particular country or region? Does everyone benefit equally from global trade? Why or why not?
Using research, argue either for or against the statement that global trade improves the quality of life.

BUSN115 Introduction to Business and Technology
Week 3 Discussion
DQ1 Entrepreneurship
Read/review the following resources for this activity:
Textbook: Chapter 5
Lesson
Minimum of 1 scholarly source
Initial Post Instructions
Consider a small business you want to create. In your post, address the following:
What type of business would you create?
Conduct some research on companies offering a similar product. What distinguishes you from your competitors?
Name 2-3 risks you need to consider in your new venture? Consider the risk factors similar companies may have encountered.
How could you leverage e-commerce and social media to make your business profitable?
DQ2 Forms of Business Ownership
Read/review the following resources for this activity:
Textbook: Chapter 4
Lesson
Minimum of 1 scholarly source
Initial Post Instructions
Consider the company/organization that you currently work for (or if you are not currently working, a company/organization you would like to work for). What type of ownership model does the company/organization use? Why do you think this type of ownership model was chosen? What would be different in your organization if a different ownership model were used?

BUSN115 Introduction to Business and Technology
Week 4 Discussion
Code of Ethics
Read/review the following resources for this activity:
Textbook: Chapter 2
Lesson
Minimum of 1 scholarly source
Initial Post Instructions
Developing a code of ethics is a way for a company to share its core values and practice ethical business. For example, the National Association for Healthcare Quality has formulated a code of ethics that can be found at https://nahq.org/about/code-of-ethics (Links to an external site.).
Think about a company or organization you currently work for or do business with. Find the code of ethics for the company or organization and post the link for the class.
Using the code of ethics you found, give an example that you are familiar with in which the company has stayed true to the code of ethics and demonstrated ethical business practices.

BUSN115 Introduction to Business and Technology
Week 5 Discussion
DQ1 The Role of Management
Read/review the following resources for this activity:
Textbook: Chapter 6
Lesson
Minimum of 1 scholarly source
Initial Post Instructions
The four key functions of the managerial process are planning, leading, organizing, and controlling.
Think about your current or former manager. Give a specific example of how your manager fulfills each role within your organization.
In your opinion, which of the four activities is most important for a manager? Why?
DQ2 Leadership Styles
Read/review the following resources for this activity:
Textbook: Chapter 7
Lesson
Minimum of 1 scholarly source
Initial Post Instructions
Leadership styles can be broken into different categories such as participatory vs. autocratic or transformational vs. transactional. Choose two leadership styles from the textbook and lesson. Using your own research and the information you have learned this week, compare and contrast the leadership styles. Include your own opinion of which leadership style would be best for your current or former workplace with a justification for that leadership style choice.

BUSN115 Introduction to Business and Technology
Week 6 Discussion
Theories of Motivation
Read/review the following resources for this activity:
Textbook: Chapters 8 and 9
Lesson
Minimum of 1 scholarly source
Initial Post Instructions
There are many theories in relation to motivation – Taylor’s scientific management, Maslow’s Hierarchy of Needs, Herzberg’s two factor motivation, McGregor’s Theory X and Y, Ouchi’s Theory Z, etc. Choose one theory from the textbook or lesson reading. Find an article in the Chamberlain library that applies that theory to nursing or healthcare in general. Discuss how the theory is still applicable to motivational situations in the workforce.

BUSN115 Introduction to Business and Technology
Week 7 Discussion
Marketing your business
Read/review the following resources for this activity:
Textbook: Chapters 11 and 12
Lesson
Week Three discussion response
Minimum of 1 scholarly source
Initial Post Instructions
Think back to the business you proposed in week three’s discussion about entrepreneurship. Briefly propose a marketing strategy for your business. Consider the following questions.
Who is your target market?
What is your competitive advantage?
How will you use the five elements of the marketing mix: product, price, place, promotion and people?

BUSN115 Introduction to Business and Technology
Week 8 Discussion
Balance Sheets
Read/review the following resources for this activity:
Textbook: Chapter 14
Lesson
https://www.sec.gov/edgar/searchedgar/companysearch.html
Minimum of 1 scholarly source
Initial Post Instructions
As discussed in Chapter 14, the balance sheet of a company can give us a snapshot of the financial health of a company at a given time. For this discussion, you will find the balance sheet of a company of your choosing. Then you will use that balance sheet to evaluate the company’s financial health.
Go to https://www.sec.gov/edgar/searchedgar/companysearch.html and type in a company you would like to research. Find the company’s most recent quarterly report and click on “interactive data”. In the left-hand navigation choose, balance sheet.
Take a screenshot of the balance sheet or put the balance sheet into a word document to share with the class.
Using information you learned in the textbook, what observations can you make about the company’s financial health given the balance sheet?