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    What makes small businesses so important to the American economy?

    PART 1

    Answer each question with a 100+ word answer.

    1 – Why do sole proprietorships carry a higher level of risk than other forms of business?

    2- How does the government regulate the market?

    3 – What are your thoughts on regulation in the airline industry? Are things better or worse today that they were 35 years ago?

    4 – What drives people to take the entrepreneurial challenge given the risk involved? What makes small businesses so important to the American economy?

    5 – What decisions go into the structuring of an organization? How the organizational structure of a small business may differ from a larger business

    PART 2

    Assignment Steps 

    Use the current US based business you selected in Week 1. (AIRLINES)

    Create a 1,400-word analysis discussing the following information:

    1-Discuss the different forms of a business organization.

    2 – Explain the advantages and disadvantages of the different business organizations and how entrepreneurship impacts each of the organizations.

    3-Explain what form of business organization your chosen business falls under.

    4-If your chosen business is considered a small business, review the role your chosen business has in the American economy.

    5-If your chosen business is not considered a small business, review the impact small businesses have on your business’ strategy.

    Cite at least two references

    .  . .  

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