Write at least a three-paragraph document addressing the following points: Compare the main differences between creating a new business, buying an existing business and franchising. Who determines what is legal, socially responsible or moral? What do you do if you disagree with what is determined? What are the main positives and negatives of government regulations? Do you think the overall impact is positive or negative? Why?

Write at least a three-paragraph document addressing the following points: Compare the main differences between creating a new business, buying an existing business and franchising. Who determines what is legal, socially responsible or moral? What do you do if you disagree with what is determined? What are the main positives and negatives of government regulations? Do you think the overall impact is positive or negative? Why?

Foundations of Business (MindTap Course List)

6th Edition

ISBN:9781337386920

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter1: Exploring The World Of Business And Economics

Section: Chapter Questions

Problem 4DQ

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Instructions

Write at least a three-paragraph document addressing the following points:

Compare the main differences between creating a new business, buying an existing business and franchising.
Who determines what is legal, socially responsible or moral? What do you do if you disagree with what is determined?
What are the main positives and negatives of government regulations? Do you think the overall impact is positive or negative? Why?

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Step 2: Explanation - Comparing Business Approaches: Creating New, Buying Existing, and Franchising

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Step 3: Determining Legality, Social Responsibility, and Morality

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Step 4: Positives and Negatives of Government Regulations

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