Sunday, March 20, 2016

Week 10 Reading Reflection


1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations?

This section is very similar to what I am learning in the Business Plan lab here at UF. The reinforcement coincidence of what I am learning here and in that section of my studies is what was most identifiable to me and allowed me to embrace this field of study. The overall material of this section was presented in a manner that allowed it to be easily comprehended and dissolved.


2) Identify at least one part of the reading that was confusing to you.

I believe the author did a fantastic job of identifying the different credits and debits and how their expirations impacted the finances of a company. I was not too confused by the authors explanations and feel that they did a great job of detailing exactly how the subjects related to the economic market

3) If you were able to ask two questions to the author, what would you ask? Why?
                                                                                                                             
I would ask the author if there is a difference between operating expenses and fixed costs since they appear separately on the balance sheet but can be identified as similar concepts. I would also ask the author to explain the importance and relationship of finance to an entrepreneur. I would also ask them to elaborate on what can be done to improve our understanding of the two similar industries.  

4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?


I did not disagree with anything the author had to say. I thought they did a very good job at explaining the subject and provided significant depth into how the matter related to our entrepreneur endeavors.

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