Project: Starting a Business You want to start an independent business, selling gidgits on the Internet, from your bedroom.

Identify the following aspects of your business identity and business procedure. Write them down as a record of your initial business plan:

Create a business name as your D/B/A.
Chart out general steps you will take to begin your sales plan. Use the questions below to help you frame them:
Will you use other people's assistance or guidance?
Who will your business help? Either give specific names of people or functions they will perform.
What guidelines will you give them so they have very clear instructions to follow?
Start to think about what you want the end result to be (what your business will look like) and how to get there in a realistic and cost-effective way.
Write down, in outline form, a one-page business plan that illustrates how you will create your business, from beginning to end.
Assignment Guidelines:
Your response must fulfill the following requirements:

Show that you understand that your business will be a sole proprietorship.
Include basic knowledge about agency law and your understanding as a principal in an agency relationship.
Establish a general knowledge of business plans and procedures that must be followed step by step.

Do you have to get teased in the police academy?

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.

Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.