UMUC BMGT335 week 3 activities

Learning Activity #1Analysis of a Small Business is a two-stage project. The first stage is identifying a small business that you are either familiar with or a customer of, which meets the following criteria: must have a minimum of five employees, must have been in business for at least three years It may be advantageous to determine whether the small business owner is willing and available for a student-conducted interview. You must submit the small business choice with a paragraph describing the qualifications and rationale of the choice in this conference for my approval.Learning Activity #2There are numerous barriers in the marketplace that small businesses must face. Identify one significant barrier “in the marketplace” (i.e. competition, regulation, etc) and share a perspective on the trend of that barrier (e.g. getting better/worse). Also, be sure to provide at least one outside resource, not including the text for the class, which supports your comments. Please respond to at least two other classmates postings as well.