Business, 26.11.2020 22:10 2002boo13

I WILL GIVE BRANLIEST OR WHATEVER PRIZE THERE IS I JUST NEED HELP IDK MATE IM PRETTY SURE IT S EASY at least answer 4/5 questions, not all
WHAT SHALL I DO?
Directions: Read the following case study, and answer the questions at the end. We will go over this next class. Be sure you have it completed – 10 completion points.
Teasha Pratt will graduate from high school next month and cannot decide what she wants to do. She-had originally planned to go to college and major in marketing and accounting, but now she is thinking about opening her own business. That is her dilemma.
Teasha has worked in a gift store for the last two years and gained a lot of experience and knowledge by working with inventory, pricing, customers, and accounting. However, her real interest is in crafts. After conducting some marketing research, Teasha determines that there is a very small market for a craft store (there are currently two craft stores in town), but there is a larger market for a gift store.
Teasha decides to open a small gift store in the mall with a loan from the local bank. After much hard work, she locates two suppliers, Gifts Plus Wholesalers arid Hearts Manufacturing Corporation, hires employees, buys display equipment, accounting equipment, cash register, supplies, etc. Three months later, she is ready to open her store.
What are the capital resources Teasha needed to open her business?

What are the human resources Teasha needed to open her business?

What supplier(s) is (are) also the producer(s) in this case study?

What are some economic choices that Teasha had to make?

Based on the decisions that Teasha made, do you think she made the right economic choice in opening her own business? Explain.

Would any of the following information affect your answers to the fifth question? If so, what action should she take?
Three other gift stores will be opening soon—all three are part of a national chain.

Economists are currently forecasting a downturn in the economy because of recent layoffs in
the auto industry.

c. Two gift stores have recently closed due to lack of sales.

d. The local bank refuses to lend money to a person with no managerial experience.

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