Sunday, March 20, 2016

Week 10 Reading Reflection

Entrepreneurship: Theory, Process, Practice
Chapter 11

1.  What was surprising to me was when one of the five tips for making sure that you are paid what is coming to you said that once you have provided a product or service, you are entitled to get paid. So even if the idea was not well done or the service was half fasted people are 'entitled' to get paid?

2. What confused me was that a commonly used technique for the preparation of a sales forecast was to estimate that sales will increase. The product might not get hat far a lot. 

3.  When would you consider kicking someone off of the team to save money? I'm curious.

When will you know if the customer is trying to stretch out their payments? Maybe they would not pay in time but barely so you won't notice it?

4.  There was nothing that I could find wrong with the writing. What can be controversial like disconnecting a relationship with the customer or discounts for early payment I find to accept easily.


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