TOPIC 10.2 ASSIGNMENT: Reflection
Now that you have completed this course and covered all the basics of business, go back and read your response to Discussion 1.2 and reflect on your answers.
In a Word document, answer these questions:
- What kind of business did you say you would start in Discussion 1.2? Would you still start that type of business? Why or why not?
- Do you still think it will be successful? Why or why not?
- Have your thoughts on the key to business success changed over the duration of the course?
- What was the most valuable thing you learned about business in this course?
**Your paper should be 1-2 pages long double-spaced in Times New Roman 12-point or similar font.**
Grocery store is the kind of business I said I would start. Even after reading the basics of business, I still will start the same business. There is an increasing need for foodstuff in the country as the population continues to rise. Additionally, many people have moved to the urban area to look for employment thus there are very few people engaging in farming (Huddleston et al.2009). It means that there is a food shortage in the country which does not seem to go any time soon because the climate change has adversely affected crop production. In the course regarding the basics of business, we learned that when the demand supersedes the supply the prices and the profits increases and when the supply is more than the demand the prices and the profits decreases. There is a high demand for food than the supply meaning that the cost of the foodstuff is high and the profit has increased………
APA 461 words