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The Role of  Human Resources & Developing and Implementing Strategic HRM Plans

 For each assignment, you are required to read two articles and complete an annotated bibliography for each article (scholarly/peer-reviewed journal articles). See syllabus for example.  

 Name: Date: Course Objective APA REFERENCE Craig, W. (2015). From Family To Franchising: Five Ways To Start Your Business Empire. Forbes. According to this article there are more than half a million new businesses started across the country every single month (Craig, 2015). There are many ways to become a business owner in the world today and there are many risks involved with each of those avenues as well. When starting a business from scratch the most important aspect is having a product that people actually want. According to this article, nine out of ten startup companies fail and 42% of polled startup owners claimed their business failed due to lack of need for his or her product (Craig, 2015). A business can also be acquired by inheritance or taking over of a family business. Craig (2015) also found, only about 10% of family owned businesses will survive long enough to see the third generation take over. The reasons for this is the perception by younger generations that the family business will always be available as a backup option if other ventures don’t work out. Buying an existing business is also an option for those who have a keen insight for opportunity. Becoming a franchise owner is another way to become a business owner. This step also takes determination and focus but can be very rewarding. There is a stability that comes with taking over a location that has an established corporate presence already backing it up with corporate sponsors that are ready and willing to help get you started on the right track.  



 

For this Discussion Question, complete the following.

1.  Read the attached opinion piece where the author indicates that government failure caused the Great Recession of 2009.  

2. Locate two JOURNAL articles which discuss this topic further. You need to focus on the Abstract, Introduction, Results, and Conclusion. For our purposes, you are not expected to fully understand the Data and Methodology.  

3. Summarize these journal articles. Please use your own words. No copy-and-paste. Cite your sources.

    • Posted: 25 days ago
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