MGT 521 Week 5

Individual Assignment: Create a Problem Statement

Create a problem statement, from the issues you selected, which focuses managements efforts to resolve these issues and achieve the organizations goals. Create an end vision of Kudler Fine Foods by describing where Kudler could be if this opportunity is realized by management action. Post your assignment as a Microsoft Word attachment.

Assessed Discussion Question: Concentration Consideration

As you look over Kudler Fine Foods and the areas of business covered both last week and this week, are any of the concentrations appealing to you? Do any relate well to particular issues at Kudler Fine Foods?

Discussion Questions

(Ch. 2, economics) How does the local, state, or national economy affect your business or place of work? Are there businesses that are relatively recession- or depression-proof? Why or why not? Are there businesses that may not prosper to the same extent as others during an economic boom? Why or why not?

(Ch. 18, financial management) Why do traditional banks perceive the financial risk to be greater among small businesses? If you wanted to start a small business what are ways to secure financing? What are the pros and cons of these alternative funding solutions?