ADM 1300 Lecture Notes - Mccain Foods, Privately Held Company, Liquor Control Board Of Ontario
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ADM 1300 Full Course Notes
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Document Summary
Research of company required (go beyond their website) academic articles, news, magazines no wikipedia! Strong culture in practice: video: working paradise: google. Balance: food, pet, gym versus working on a project overnight. Sole proprietorships, partnerships, and corporations (chapter 6 and 5) Many characteristics: determinant, creative, risk-taker, hard-worker, confident, willingness to take risks, rick, passionate. Screening (adds value, competitive advantage, marketable - to a large skill audience, low exit costs lots of businesses fail) Fundamental ideas: mission, how is it gonna work, investors, where is the location, how to produce the products . Be your own boss work for yourself. Financial success also can be achieved from working in a profitable company. Job security ( due to lots of businesses fail) but based on your business is successful and profitable. Quality of life while others are competing with other competitors. Bank loan, investors, venture capitalists (give money at the start of the business), .