Assignment Task: Management at Work Today's dogs can be quite stylish, as people increasingly dress their pets in clothing items. Dog lovers Musashi and Rina Yamato recognized this trend and started a business called Woofshirt. They developed the idea after having trouble finding appropriate items for their favorite cante. Makavels. Makavell is a tough dog with a lot of attitude. The Yamatos refused to dress Malavellinutele sweaters; Makavelli needed clothes that matched his rugged personality. The items sold by the Yamatos are unique for several reasons. Because small dogs often wear harness leashes, rather than regular leashes around their necks, the clothes ay designed so a harness leash can be discreetly worn under the w ater or sweatshirt. This design allows dogs to show off their are without the unsightly harnesses showing and it prevents wrinkles in the clothing. The line also is special because it is made by participants in a vocational rehabilitation program who are learning sewing and tailoring techniques. Starting as a two-person business, the Yamatos created a website for Sustomers to browse and purchase cems. It took several months for Woofshirt to break even financially. However, sales are increasing each month, and the Yamatos anticipate possibly hiring one or two full-time employees within the next year. The Yamatos have asked for your advice about managing their entrepreneurial venture effectively. What would you recommend in each of the following situations? Running a small business is a lot of work. However, the Yamatos were pleasantly surprised to learn how many small businesses ist, especially as they think about hiring their first full-time employees. Which of the following are reasons that small businesses are so important when it comes to job creation? Check all that apply. Hiring employees is best left to firms with a human resources department. Only one out of five workers in the United States work for companies with more than 500 employees. Because of their size, small businesses create few high-tech jobs. Approximately 86% of businesses in the United States employ fewer than 20 people. When you first saw-Woofshirt Sweatshirts, you congratulated the Yamatos on how innovative their prodytts are. They were puzzled. daiming that there is no way the Woofshirt can be called innovative. Which of the following are accurate statements for you to make to support your assertion that Woofshirts are innovative? Check all that apply. The harness-hiding design of Woofshirt sweatshirts is innovative A product can be innovative even it is not a high-tech invention A product is considered to be innovative once it is purchased by at least 50% of US household Small businesses generally are less innovative the larger companies. Woofshirt sews its own products, but must first buy the raw materials. Woofshirt purchases fabric from a large textile reseller. The Yamatos have several questions about the relationship between small and large businesses. Which of the following are acourate statements for you to make? Check all that apply The distributor is doing Woofshirt a favor by selling fabric to a small business. Both the fabric manufacturer and Woofshirt benefit from transactions between the two companies. As an entrepreneurial venture, Woofshirt will always compete with, and never collaborate with, bigger businesses. Buying fabric from the distributor is an example of how small businesses can be important to larger businesses.