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Additional Discussion Topics

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Additional Discussion Topics

Part 1….Answer each question

WK 2 – Discussion Topic 2

Describe the differences between general and limited partners, and compare the advantages and disadvantages of partnerships.

WK 2 – Discussion Topic 3

Compare the advantages and disadvantages of corporations, and summarize the differences between C corporations, S corporations, and limited liability companies.

WK 2 – Discussion Topic 4

Define and give examples of three types of corporate mergers, and explain the role of leveraged buyouts and taking a firm private

WK 2 – Discussion Topic 5

Outline the advantages and disadvantages of franchises, and discuss the opportunities for diversity in franchising and the challenges of global franchising.

WK 2 – Discussion Topic 6

Explain the role of cooperatives

Part 2

Apply: Small Business Owner Scenario

Imagine you are the owner of a small business in your hometown. Briefly describe your company in 3 to 5 sentences.

Discuss the following in 525 to 700 words:

  • Define the roles you play as a small business owner
  • Describe the main responsibilities of each role you’ve identified
  • Explain whether you feel any of these roles are more or less important than another in regard to the overall success of the business and growth of the American economy, include the reasoning behind your opinion
  • Summarize factors that will impact the short-term and long-term growth of your business


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