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ASSIGNMENT 03
C01 Introduction to
Business
Directions: Be sure to
save an electronic copy of your answer before submitting it to Ashworth College
for grading. Unless otherwise stated, answer in complete sentences, and be sure
to use correct English, spelling and grammar. Sources must be cited in APA
format. Your response should be four (4) double-spaced pages; refer to the “Assignment
Format” page located on the Course Home page for specific format requirements.
Part A:
Jeremy has worked for a large lawn care
company for several years. This lawn care company is located in a sunny
climate, providing a stable demand year-round.
After receiving an Associate’s degree in
Business, Jeremy decides that he would like to start his own lawn care service.
He
is considering if it would be best to start a sole proprietorship or a
partnership.
Jeremy is considering asking either his
father or a co-worker at the current company he works for to be a partner in
his new lawn care company.
Describe the advantages and disadvantages
of a sole proprietorship and partnership in this scenario.
Which form of organizational structure do you
personally think is best for Jeremy? Justify your opinion with supporting
facts.
Part B:
Analyze the resources that the lawn care
business owner Jeremy will need to start the business. Additionally,
what factors might lead to failure with this
specific type of business?
Grading Rubric
Please refer to the rubric on the following page for
the grading criteria for this assignment.
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