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Assignment: 1.Review both articles linked here, then report which insurance policies you believe you would need if you were the sole proprietor of a lawn care business. Remember, coverage is great,...

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Assignment:

1.Review both articles linked here, then report which insurance policies you believe you would need if you were the sole proprietor of a lawn care business. Remember, coverage is great, but it isn’t free, so you will need to keep in mind the costs as well as the benefits.

  • Get business insurance - SBA.gov -Business insurance protects you from the unexpected costs of running a business. Accidents, natural disasters, and lawsuits could run you out of business if you’re not protected with the right insurance.
  • 7 Types of Insurance You Need to Protect Your Business-www.entrepreneur.com/article/241026

2. Your review of Leadership Styles included a brief description of the 5 Bases of Power (as defined by French and Raven (French Jr., J. R. P., & Raven, B. H XXXXXXXXXXThe bases of social power. In D. Cartwright (Ed.), Studies in social power (pp XXXXXXXXXXAnn Arbor, MI: Institute for Social Research). In your opinion/experience, which one of these is the strongest or most advantageous for a leader to display? Please provide your rationale for your choice.

3. You reviewed several motivational theories. Select the one that you feel you would best respond to, and tell why. Then, do the same for the idea/theory that you feel would be the least effective in motivating you.

4. Imagine you were tasked with selecting a site for a new plant that would manufacture body armor for law enforcement and military use. Then evaluate the county you live in, using criteria from your readings, and summarize the strong and weak points of your county as a location in a paragraph for two. End your evaluation by saying whether you would recommend your county as the location or continue the search.

Answered Same Day May 28, 2021

Solution

Riddhi answered on May 28 2021
141 Votes
Answer to Question 1-
There are various types of insurance that safeguard the sole proprietor from the personal liability because of business issues or loss or other indemnity for which insurance may be required. The type of insurance includes professional liability insurance, Insurance of property, Insurance for workmen compensation, Insurance for businesses that based out from home, Liability for product insurance, Insurance for vehicle, Insurance for business inte
uptions.
Sole proprietor is in the business of lawn care the cover is necessary for business inte
uption insurance, professional liability insurance and workmen compensation insurance. In the event of law care business most of the land will be owned by the vendor hence any insurance related to the property shall not be required. Professional liability insurance shall protect the business against any e
or or omission or if any individual or person claims against the negligence that can be covered which might so happen in the business and the cover for the same is necessary. Workmen compensation insurance shall cover the employee for the medical treatment or death or injury at the premises or while at work. This insurance will safeguard the employer against any potential risk while at work even if the risk involved is exceptionally low in the work performed by employee. Insurance for business inte
uption shall be necessary as sometime business may be lost because of incapability of staff or reasons not within the control of sole proprietor of the business.
So according to the nature of business and the nature of entity the insurance shall be required for professional liability, workmen compensation and business inte
uption.
Answer to Question 2 –
The 5 Bases of Power are Legitimate, Reward,...
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