Assignment Instructions
M3 Assignment
Directions: Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling and grammar. Sources must be cited in APA format.
Part A: Jeremy has worked for a large lawn care company for several years. This lawn care company is located in a sunny climate, providing a stable demand year-round. After receiving an Associate’s degree in Business, Jeremy decides that he would like to start his own lawn care service. He is considering if it would be best to start a sole proprietorship or a partnership. Jeremy is considering asking either his father or a co-worker at the current company he works for to be a partner in his new lawn care company. Describe the advantages and disadvantages of a sole proprietorship and partnership in this scenario. Which form of organizational structure do you personally think is best for Jeremy? Justify your opinion with supporting facts.
Part B: Analyze the resources that the lawn care business owner Jeremy will need to start the business. Additionally, what factors might lead to failure with this specific type of business?
CATEGORY | Exemplary | Satisfactory | Unsatisfactory | Unacceptable |
Part A: Sole Proprietorship Advantages and Disadvantages (15 points) | 15 points Student provides a clear, logical description of at least 2 advantages and 2 disadvantages of starting a sole proprietorship. |
12 points Student provides a mostly clear, logical description of 1-2 advantages and 1-2 disadvantages of starting a sole proprietorship. |
8 points Student provides a weak or unclear description of 1-2 advantages and 1-2 disadvantages of starting a sole proprietorship. |
5 points Student provides a poor description of 1-2 advantages and 1-2 disadvantages of starting a sole proprietorship. |
Part A: Partnership Advantages and Disadvantages (15 points) | 15 points Student provides a clear, logical description of at least 2 advantages and 2 disadvantages of starting a partnership. |
12 points Student provides a mostly clear, logical description of 1-2 advantages and 1-2 disadvantages of starting a partnership. |
8 points Student provides a weak or unclear description of 1-2 advantages and 1-2 disadvantages of starting a partnership. |
5 points Student provides a poor description of 1-2 advantages and 1-2 disadvantages of starting a partnership. |
Part A: Organizational Structure Opinion (15 points) | 15 points Student provides a clear and rational opinion about the choice noted above. |
12 points Student provides an adequate and rational opinion about the choice noted above. |
8 points Student provides a weak opinion about the choice noted above. |
5 points Student provides a poor opinion about the choice noted above. |
Part B: Resources Needed (15 points) | 15 points Student provides a clear, logical description of at least three resources that a small business owner would need to start a business. |
12 points Student provides a mostly clear, logical description of at least 2-3 resources that a small business owner would need to start a business. |
8 points Student provides a weak or unclear description of 2-3 resources that a small business owner would need to start a business. |
5 points Student provides a poor description of 1-2 resources that a small busines owner would need to start a business. |
Part B: Failure Factors (20 points) | 20 points Student provides a clear, logical description of at least 3 factors that might lead to small business failure. |
15 points Student provides a mostly clear, logical description of at least 2-3 factors that might lead to small busines failure. |
10 points Student provides a weak or unclear description of at least 1-2 factors that might lead to small business failure. |
5 points Student provides a poor description of at least 1-2 factors that might lead to small business failure. |
Mechanics (10 Points) | 10 points Student makes no errors in grammar or spelling that distract the reader from the content. |
8 points Student makes 1-2 errors in grammar or spelling that distract the reader from the content. |
5 points Student makes 3-4 errors in grammar or spelling that distract the reader from the content. |
2 points Student makes more than 4 errors in grammar or spelling that distract the reader from the content. |
Format (10 Points) | 10 points The paper is written in proper format. All sources used for quotes and facts are credible and cited correctly. |
8 points The paper is written in proper format with only 1-2 errors. All sources used for quotes and facts are credible and most are cited correctly. |
5 points The paper is written in proper format with only 3-5 errors. Most sources used for quotes and facts are credible and cited correctly. |
2 points The paper is not written in proper format. Many sources used for quotes and facts are less than credible (suspect) and/or are not cited correctly. |