Define the following types of organizations and give an example of each. Also, how are profits taxed in each organization? Sole proprietorship Partnership LLC S-Corporation C-Corporation Which of the above organizations do you think would be the best for a start-up? Why?
Q: A company can be registered as Sole Proprietorship or Private Limited Company.Analyse the difference…
A: Business refers to the commercial activities between two or more entities in exchange for certain…
Q: The core rationale for diversification and running businesses in different industries under a…
A: Diversification of businesses and industries comes up with various strategies to enter into new…
Q: What is the importance of preparing a business plan before engaging into a business venture? Discuss…
A: A formal written document that describes various important business activities and means to achieve…
Q: Which one of the following is not an example of a business organization? Select one: a. Corporation…
A: The answer is option C. Collaboration. Collaboration is not an example of a business organization.…
Q: Why did toys r us file for bankruptcy, what went wrong and what should they had done to avoid it
A: Toys” R” Us is a well-known toys, clothing, and other baby products brand of America, which was…
Q: Clint is very fond in cooking and has a taste and skill of a chef. He would like to go into a…
A: An entrepreneur is a person who starts a business entity with the conception of new ideas with a…
Q: a- Briefly discuss relevance of ‘ corporate social responsibility’ in the context of reasonability…
A: Corporate social responsibility is a company standard in which organizations make a collective…
Q: list down what qualities do you want from a business partners
A: ans 1=Following are qualities to look for in prospective partners to foster a robust working…
Q: Explain the outlines of creating a business plan and explain the difficulties one might face in…
A: Business plan This is a written document that offers detailed information about the company. It is…
Q: Explain what is meant by a perfect organization and does a perfect organization exist
A: The term "ideal organization" refers to an entity that behaves in accordance with its own thoughts,…
Q: Given is a doctor who is forming her own medical practice. She wants her practice to be flexible ,…
A: A group of individuals that form a company or the group of companies that acts as a single entity to…
Q: Explain what is a tightly owned company and why do certain businesses opt for this type of ownership…
A: Closely held organizations are the one in which the stocks and ownership are concentrated in the…
Q: What are the similarities and differences between a private corporation and a cooperative
A: Introduction- Other business arrangements, such as limited liability partnerships and cooperatives,…
Q: Explain what are tightly owned company, and why do certain businesses opt for this ownership…
A: Closely held businesses or whose property and assets are held by a limited number of individuals.
Q: For large corporations, who is more responsible for the success of the company- the CEO and/or…
A: CEO stands for Chief Executive Officer. The CEO is more responsible for the success of the company…
Q: The chances of success of a franchise in a short time are very high. If you understand this…
A: It doesn’t always take a longer time for a company to achieve success. The success…
Q: Why is it important for a business owner to understand the 3 principal forms of a business…
A: The business owner had to consider the different forms of business organization such as sole…
Q: What is an example of a public corporation?
A: Public Corporation - A business whose shares are traded openly and are often held by many…
Q: What are the disadvantages and advantages of an entrepreneurial venture started by a team ?
A: Entrepreneurship is the act of starting a business venture. Entrepreneurs with their entrepreneurial…
Q: What are the two major directions a corporation can go in seeking growth? What are the major options…
A: Getting new customers isn't the only way to grow your business. Many times, the customers you…
Q: for each type of business option (sole proprietorship, partnership, LLC, Corporation) create an…
A: The term business is derived from the word ‘busy’. Thus, business means being busy. However, in a…
Q: What are the business ownership structure for Procter & Gamble (P&G) and Pepsi corporation (e.g.,…
A: In the given question the ownership structure is being asked which is different from the…
Q: Wanda is concerned that if she grows the business, she may take on more financial and personal…
A: Following are the sorts of authoritative documents of proprietorship that Wanda could embrace for…
Q: Why are not-for-profit organizations different from most businesses? Are there any similarities…
A: A charitable association is one that fits the bill for charge excluded status by the IRS since its…
Q: (1) If you were on the board of directors at a companyand the CEO proposed a merger with a…
A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…
Q: a) Managers have different motivations to acquire another company. When is a merger likely to be…
A: Note: We are authorized to answer only one question at a time. Since it is not mentioned which…
Q: Explain the four types of Preneurs and Give two example each; > Intrapreneurs > Solopreneurs >…
A: The four type of Preneurs are as follows - 1. Intrapreneurs - An Intrapreneur is an employee inside…
Q: Is growth a good thing for all firms? How does management know when a firm is ready to grow?
A: Growth maybe not always a good thing for companies if not planned properly. Many companies grow at a…
Q: Please one type of corporation 2 – What are the advantages to this type? 3 – What are the…
A: Corporations are a famous type of business association for huge and independent ventures. In this…
Q: What are some of the main similarities and differences between for-profit and nonprofit ventures?…
A: The differences between the two type of ventures are as follows: The main goal of for-profit…
Q: What is a corporation from the business point of view?
A: In order to start a new business it is often seen that the people are often often confused about the…
Q: What are the advantages and disadvantages of having an active board of directors? Who should sit on…
A: A business structure works on different hierarchies which are essential for discharging different…
Q: 1. From among the four types of business structures (sole proprietorship, partnership, corporation,…
A: Sole Proprietorship: Sole proprietorship is a business form which is managed and owned by a single…
Q: Even though your business may not currently be profitable, investors will want to know how many…
A: In business there is need of money on continuous basis to grow and expand business so you have to…
Q: If a firm is performing poorly financially, what might this say about the differentiators, arenas,…
A: The strategy of firm is a bunch of decisions the firm should stick to in order to accomplish its…
Q: nces between a multidomestic corporation, a global corporation, and a transnation
A: An group of persons who donate money or money's worth to a common fund and use it for a purpose is…
Q: Why is it appropriate for good partnership portfilio management to develop and execute a portfolio…
A: Partner Portfolio Management: Partner Portfolio Management (PPM) is an organized cycle for channel…
Q: Being an entrepreneur means you are acquiring certain skills and abilities. Briefly describe the…
A: Entrepreneurs and businesses find a host of sources for business ideas from various means such as…
Q: Tell me a profile of Procter & Gamble's (P&G) respective products and services. What is the…
A: Overview of Procter & Gamble's (P&G): The Procter & Gamble Company was founded in 1837…
Q: type of corporation What are the advantages of this type What are the disadvantages? Give us two…
A: A Limited Liability Company (LLC) is, similar to an organization, Considered as a part of statutory…
Q: Pet grooming day care business plan Type of organization (sole proprietorship, partnership, LLC, S…
A: A business organization refers to a legal entity incorporated for carrying commercial activities.…
Q: Corporation size, Employees. When a coporation type business has about over 4,000 employees what…
A: A company is a commercial, industrial, or professional undertaking that is referred to as a…
Define the following types of organizations and give an example of each. Also, how are profits taxed in each organization?
- Sole proprietorship
- Partnership
- LLC
- S-Corporation
- C-Corporation
- Which of the above organizations do you think would be the best for a start-up? Why?
Step by step
Solved in 2 steps
- please answer all the questions: 1- Define: A- Sole Proprietorship.B- Partnership.C- Corporation 2-Describe 4 Advantages and 4 Disadvantages of each of these forms of Business.1. Can someone be an entrepreneur without owning their own business? 2. Can a person be an entrepreneur because of the nature of the work that they do within a large corporation?Mo. Outcomes: Discuss the issues that entrepreneurs should consider when evaluating different forms of ownership. Describe the advantages and disadvantages of the sole proprietorship, partnerships, and corporations. Describe the features of the S corporation and the limited liability company. Discuss the alternative options for corporate forms, both for-profit and non-profit, available to social entrepreneurs. 2.2 Action Required: Watch the short video at the following link https://www.youtube.com/watch?v=0k8ljlnBAQIT News) - YouTube 2.3 Test your Knowledge (Question): What is a sole proprietorship? What drawbacks should be considered? 2.4 Instructions Answer the question available in the “Test your Knowledge” section. Post your answer in the discussion board using the discussion link below
- Which of the five business environments are the most relevant for grubhub 2) what are the risks and benefits of becoming an entrepreneur as opposed to working for others 3) what is the major challenge presented by comepitors like Amazon and Uber to grubhub's business 4) how does limited liability partnership differ from a general partnership in terms of liability 5)why would someone choose to francihise what are the advantages of owning a franchise 6) how is a franchise different from a partnershipwrite a two page summary on the following: What is Intrapreneurship? Explain and give examples of each of the "traits of the high-growth intrapreneur How can you measure the success of an Intrapreneur?You love building and fine-tuning businesssystems in order to figure out the best ways to createand deliver products, solve customer problems, and soon. After 10 years in a corporate job, you’re ready toapply this passion to your own company. You’reintrigued by the systematic approaches the world’s mostsuccessful franchising operations use to multiply theirmarket reach. Would buying a franchise be a goodchoice for you? Why or why not?
- Would Kristina Jones’s entrepreneurial/start-upstory be an effective element to include in CourtBuddy’s marketing efforts? Why or why not? Howwould this compare with the marketing efforts bysomeone such as Tata HarperGiven is a doctor who is forming her own medical practice. She wants her practice to be flexible , simple to run , and free from required meetings , minutes or resolutions . Her goal is to blend the best characteristics of corporations , partnerships and sole proprietorships . What form of business ownership seems most in-line with Gwen’s goals ? A)C corporation B)cooperative C)joint venture D)limited liability company E)S corporationIn your initial response, please respond to the following questions: 1. Why do some businesses succeed while others fail? List and explain three main reasons why businesses fail. 2. Starting a new business from scratch can seem like a daunting proposition. Accordingly, some entrepreneurs may choose to buy a business that is already established, or purchase a franchise from a business that already has name recognition.
- How Cineplex management financially runs the business?1. Ask yourself and list down what qualities do you want from a business partners, and then identify people who have these qualities to be a partner for a small business project. 2. Answer the following: What market - product can be converted into business opportunity? What role will each of the partners play (who to do buying, who to do marketing, who to do selling, who to do delivery, etc.)? Who among you shall be the head of the partnership? Why? How will profit be split? What are sales goals weekly for the next four weeks? 3. Who among the successful entrepreneurs you know can be your mentor? Why?Venture is Flipkart or any other successful entrepreneurial venture that has been in business at least five years. (1) Use historical revenue information to examine how this particular venture moved through its life cycle stages. Determine the length of the development stage, the startup stage, and so forth. (2) Determine the financing sources used during the various stages of the venture's life cycle. (3) Identify the venture's equity owners and how shares have been distributed among the owners. What portion of ownership has been allocated to management team members? what, if any, agency conflicts can you identify?