1.2 Read the scenario bellow and answer the questions that follow: JOYCE' PRESENTATION ON A BUSINESS PLAN
Joyce presented her business plan to various stakeholders. There were questions asked
after her presentation, she could not remember all the questions as she did not take notes.
She did not acknowledge errors in her presentation. She became aggressive and could not
even maintain eye contact. She also allowed one person to dominate the discussion. Joyce
lost potential investors due to these errors.
(5)
1.2.1 Quote FIVE reasons why Joy lost potential investors from the scenario above.
1.2.2 Advise Joy on how to respond to questions in a non-aggressive and professional manner.
1.3 It is difficult for some employees to accept change in the workplace and this can have a
negative impact on a business. Explain how a business can apply John Kotter's 8 steps
(10)​

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

$2.00 for three shots.

answertop managers;

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