 Running a business

Notice: PSoI = Provide Source of Information

1. List two companies bought by Microsoft - PSoI

2. List three firms acquired by Apple - PSoI
3. List three government-owned companies - PSoI
4. Is it possible to sell a franchise? - PSoI
5. Would you set up a business alongside a part-time job?
6. What are three advantages of establishing your own business?
7. What do you need first and foremost to start a business?
8. What is a start up company?
9. How do you respond to phone calls aiming at launching a company?
10. If you ran your own business, would you be prepared to doing tasks that you dislike?
11. Do you have the necessary qualities to head a department?
12. Running a firm involves taking risks. Are you a risk taker?
13. Would you rather head or work in a team?
14. Can you remember an important deal you made?
15. Apple signs deal to secure sapphire manufacturing in Arizona. What does it mean?
Check the article here:
http://www.macnn.com/articles/13/11/04/half.billion.dollar.agreement.with.gt.advanced.te
chnologies/ and explain in no more than 20 words
16. Situation: you are a salesman, your product is high-priced. How would you try to win a
deal?
17. Read this article http://www.voanews.com/content/taiwan-singapore-sign-free-trade-deal-
china-relents/1785388.html
and explain in no more than 30 words why China blocked deals with Taiwan in the past
18. List five possible ways to expand the business - PSoI:
19. List five ideas to grow a small business startup - PSoI:
20. Check the link http://www.wikihow.com/Build-Your-Business-Without-Advertising and list
the ways mentioned.
Do you agree with these ideas?
21. Read this quotation:
“Skate to where the puck is going to be, not where it has been.”
—Wayne Gretsky
What does it have to do with building business?
22. Find an example of a company that has boosted investment over the last 3 yers - PSoI
23. Find an example of spending increase - PSoI
24. Find and example of a product that has boosted sales over the last 6 months - PSoI
25. Has turnover increased in public administration recently? Why? Why not?
26. Find an example of a company presently increasing earnings - PSoI
27. What can companies do to boost exports?
28. Find a synonymous expression of increase trade in this article1:
http://www.hurriyetdailynews.com/turkey-south-africa-to-increase-trade-
links.aspx?pageID=238&nID=58523&NewsCatID=344
29. Find an example of production increase - PSoI
30. List two methods to increase output - PSoI

1
To widen trade volume for q's 29
2
income refers to net profit i.e. what remains after expenses and taxes are subtracted from revenue for q's 36
31. What factors would you consider in order to expand sales?
32. List 3 ways to maximize productivity without increasing stress levels - PSoI
33. How could you boost your efficiency?
34. How many hours a day would you be willing to work in order to maximize your income?
35. Which is better: maximizing revenues or income?
36. If you boost your profit, which increases: revenues or income?2
37. In order to maximize profitability, what activities would you invest your money in? Provide
2 examples and explain your choice.
38. Read
http://www.linkedin.com/today/post/article/20130405114104-32175171-how-to-achieve-
growth-in-2013
and summarize it in not more than 15 words
39. Read
http://www.legalbusiness.co.uk/index.php/lb-blog-view/771-hill-dickinson-to-review-its-
business-to-maintain-profitability
Why is the company making plans to maintain profitability?
40. Can green economy sustain growth?
41. What costs would you cut to increase income?
42. Is price reduction always advisable?
43. What factors are likely to bring down costs?
44. Lower prices or higher income?
45. What does the expression slash costs mean: slight reduction or smash down?
46. Report on announced job cuts - PSoI
47. What are the most recent spending cuts imposed by your country's government?
48. Italian households have been forced to make cutbacks to their spending. How has this
trend affected your spending habits?

2
income refers to net profit i.e. what remains after expenses and taxes are subtracted from revenue for q's 36