Course: SLF 127 Fiscal Management for the Small Business-Updated

Unit 1 - Pre-Seminar Research Assignment

Unit 1 Pre-Seminar Research Assignment

“Business Management Research Assignment”

Please research and submit answers to the following questions prior to the seminar.  You can use any source you like.  You should submit a minimum of two to three sentences per question.

1. What is does business management mean?
2. What is Entrepreneurship?
3. What is the difference between business management and fiscal management?
4. Who are businesses fiscally responsible too?
5. What does it mean to be fiscally responsible?
6. What does it mean to finance a business?
7. What does it mean to be a profitable business?
8. Do businesses need to be profitable to be successful?
9. What do businesses do with profit?
10. What does it mean for a business to be bankrupt?

Assignment worth 20 pts