Answer these two questions:

In light of what you have learned in class:

  1. If you are going to start a new business, (a) provide a short introduction to explain which type of business it is? (b) What would be your organization’s vision and mission? (b) Elaborate on the components of your mission statement? (2%)
  2. Write an essay to explain the potential causes of diseconomies of scale. Support your answers with examples. (3%)

General guidelines:

  • The assignment is to be computer typed and submitted as a hard copy. Thus, spelling and grammar mistakes are not acceptable.
  • Make sure to apply what was explained in class in terms of writing style using Booth et al.?s (2000) view to construct your answers/arguments.
  • Make sure to cite and reference your work.

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