Q&A Intro Business
Discuss the difference between quantitative and qualitative forecasting. Does one provide a more accurate forecast than the other?
Busgeting & Planning
Discuss the relationship between budgeting and planning. How are they related? What differences exist between the two?
Why should small business owners and entrepreneurs spend time planning for their business when creating the business takes so much effort? Should you start your own business on a whim?
Does failing to plan mean that one plans to fail?
Turning an idea into a business
What is the necessary requirement to turn a business idea into a business? If you don’t have customers willing to buy your new product or service at a price that gives you a profit, do you really have a business?
Role of a Thesis
A thesis statement plays an important role in the research process. Baase states in her prologue that “Computer technology is the most significant new technology since the beginning of the Industrial Revolution.” In doing so, she had to back up this argument with solid scholarly research. To evaluate the strength of her argument, consider for a moment whether she accomplished this goal. How did she do in convincing you of her claim? What were the arguments she used to support her point within Week 1’s reading? Were they enough to convince you that she was right in stating this?
Science & Technology
If the scientific test of a scientific theory is accepted by the community of men and women who are called scientists, does that mean that anything is acceptable as long as enough of the right people agree with it? Does that mean there is no such thing as scientific truth? How, if at all, does science differ from politics, art, or religion?