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1. What are the major funding options for small businesses? If you were starting a small business, which of these options would you use? Explain why.

2. Explain at least three of the entrepreneurial characteristics. Do you personally have any of these characteristics? Explain your answer.

3. Explain at least three financial ratios and how that data can be used by financial institutions and shareholders. If you were a stockholder of a company, which one of the financial ratios would you utilize to gauge the growth of the company? Explain your answer.

4. Select a business in America that has multiple franchises. Explain the advantages and disadvantages of franchising from the perspectives of the franchisor and a franchisee.

5. What are the barriers to international trade? How do you think these barriers can be overcome?

- Answer each of the five essay questions below using a short-essay format.

- EACH QUESTION format requires an introductory paragraph, body paragraph(s) and a concluding paragraph.

- Must be 6-8 sentences for each question.

- Work must be cited

Operation Management, Management Studies

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