Brother Bernard McCoy and LaserMonks Company - Essay Example

Summary

The paper "Brother Bernard McCoy and LaserMonks Company" discusses that the aspect of quality products would increase my chances of buying from the LaserMonks company. Quality matters a big deal because consumers demand durable products that service them for a long period…

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Brother Bernard McCoy and LaserMonks Company

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Subject: Business
Type: Essay
Level: Undergraduate
Pages: 1 (250 words)
Downloads: 2
Author: colecitlalli

Extract of sample "Brother Bernard McCoy and LaserMonks Company"

Brother Bernard McCoy is an innovator and a risk-taker. He carried out his research and took the initiative of starting the business together with the monks. Furthermore, he possesses the attribute of creativity necessary to be a successful entrepreneur. McCoy is a risk taker because he was not afraid of venturing into the business, unsure if the market would accept their venture. It is necessary for an entrepreneur to adopt these entrepreneurial characteristics for a successful venture.

Brother Bernard McCoy and the other monks' unable to handle their company implies that they lack competence and managerial skills. Moreover, it implies that they lack adequate knowledge to aid them in decision-making in the growth of the company. Management is very demanding and calls for an individual to be very skillful so as to make the right choices. Read More

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