Question 1. Identify and discuss the social responsibilities of Home Depo

1. Identify and discuss the social responsibilities of Home Depot to three different stakeholder groups.

2. Discuss the positive aspects of globalization and contrast these with the negative aspects of globalization from the perspective of a small business. Be sure to address to pros and cons of outsourcing in your response.

3. Identify and explain the incentives for entrepreneurship. Address why someone would willingly take the numerous risks associated with running a business. Also, discuss the major attributes necessary for a successful entrepreneur.

4. Aside from retail sales and marketing, identify and discuss two ways that a business could reduce costs or increase profits by using the Internet or Web applications.

5. Identify the 4 P’s of marketing, and give an example how each of the 4 P’s can be used to market your favorite product or service.

6. Given the following companies, Boeing (airliner manufacturer) and Dell Computer (computer manufacturer), which facility layout would be the most suitable for each? Justify your response. How would each company determine the location of their facilities? List the specific needs and requirements of each company when determining location.