Q: What are some of the reasons why someone decides to start a company of their own?
A: This group of people established their enterprises because they are passionate about what they do,…
Q: The nature of the business?
A: The nature of business depends on the what type of business. As there are many types of business…
Q: If you are to create a company/business, what form of business will it be?
A: There exists there different forms of business and each category represents its own specifications.…
Q: What benefits can an organization derive from training and educational opportunities and stock…
A: Below is the solution;-
Q: Sammi sees an opportunity to start her own website development business. Sammi has just…
A: Business Business can be defined as any institution that runs on a regular basis, that has been…
Q: Can we consider an owner-entrepreneur who operates his business as a manager? Can he be both?
A: Yes, entrepreneurs performs the basic activities of managers as well as owners. Entrepreneurs are…
Q: How has adopting a franchise model made PODS more adaptable?
A: A franchise is a type of business in which an individual operates a business of a company using its…
Q: 1. For each of the following existing businesses determine which type of ownership each represents…
A: Note- Hi! Thank you for the question, As per the honour code, we are allowed to answer three…
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: What is the rule of three? Suppose you worked for a small firmin a large industry, such as a small…
A: This rule of three is indeed a writing guideline that states that a group of three events or…
Q: What are the main types of business entities? Please explain the positives and negatives of each.…
A: Regularly, there are four principle sorts of businesses: Sole ProprietorshipsSole ProprietorshipA…
Q: What are the difficulties that a business may face when there is no business plan?
A: A written document that describes the important business activities along with the objectives is…
Q: Questions 1. Do you think the objectives of Ben and Jerry’s will have had to change after this…
A: Mergers and acquisitions are big decisions that results in consolidation between two company’s…
Q: What do both sole proprietorships and partnerships lack? a. legal standing b. continuity c. shared…
A: Sole proprietorships A sole proprietorship often called the sole trader refers to an unincorporated…
Q: nges do you foresee as you set off to resolve an issues and revive a business?
A: A business is described as an affiliation or aggressive component busy with business, mechanical, or…
Q: What are the two options the Board of Directors and C-Suite Executives can choose to do with Net…
A: Net income is that the quantity of accounting profit an organization has leftover once paying off…
Q: (1) How many sole proprietors do you know? Do theyseem satisfied with the choice of working…
A: Answer Introduction of Sole Proprietors A sole proprietorship could be a commerce structure…
Q: Why is a partnership a difficult form of business organization? What are its limits and…
A: Partnership can be defined as the formal agreement between people where they agree to own the firm…
Q: What Is Associate?
A: The word associate determines that the employee has a lower heading position than their colleagues…
Q: What are some possible reasons a businesspersob would make an unethical decision?
A: The human resource management team takes care of selecting and hiring employees in the…
Q: Which disadvantages of small business did Two Men anda Truck have to overcome? If you had been part…
A: Disadvantage: Two Men and a Truck had to overcome the disadvantage of just having one truck to work…
Q: What are the four classifications of businessbuying situations?
A: Buying situations- A circumstance that occurs in the surrounding purchases is known as buying…
Q: Is starting a buisness a good idea?
A: Below are the ten reasons why starting a business a good idea Experienced business people know the…
Q: 1. What is Entrepreneurship? 2. What is entrepreneur?
A: we'll answer the first question since the exact one wasn't specified. please submit the new question…
Q: what is entrepreuneurship
A: Entrepreneurship mentions to the cluster of activities that classify new prospects, take financial…
Q: What is the mportant facts poor comuncation have effect on business mangment?
A: Communication is an unavoidable part of life, particularly in the workplace, where cooperation,…
Q: What advantages does the corporate form of organization have over sole proprietorships or…
A: Corporate - It is considered as an separate legal entity that will be considered as an separate…
Q: What are the benefits of owning a franchise? What are thedrawbacks?
A: Many people regard franchising as a simple way to enter the business world for the first time. The…
Q: (a) How has information technology transformed business and managerial decision-making? (b) What are…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What is meant by sole proprietorships?
A: Main types of business formations: 1.Partnership. When you form a partnership, you do not need to…
Q: Why would a company want to measure share ofcustomer?
A: Market competition refers to the rivalry which occurs between companies doing similar business in…
Q: (1) Why is the LLC structure recommended for mostsmall companies that aren’t sole proprietorships?…
A: Since you have asked multiple questions, we will answer the first question for you. If you want a…
Q: Rita wants to be involved in business. She has a fair amount of money to invest, but she does not…
A: Usually there are four forms of business, they are, LLC Sole proprietorship Limited partnership and…
Q: (1) Would you consider entering into a businesspartnership with your best friend? Why or why not?…
A: Beginning a business with a best friend appears to be logical. Nonetheless, many individuals…
Q: 2 What is a franchise?
A: A franchise is a joint venture between a franchisee and a franchisee. The franchisor is the first…
Q: What are some advantages of private corporations for PODS? What are some disadvantages?
A: What is a Private Limited Company? A private limited company is legally constituted with Limited…
Q: How have Graeter’s owners used the four factors of pro-duction to build the business over time?
A: Graeter’s ice-cream is an ice-cream company based in Ohio, founded in 1870.
Q: What are the advantages of acorporation?
A: When creating the legal structure, small business possessors have a variety of choices. One choice…
Q: what are some of the limitations of the Apptivo CRM for large companies?
A: CRM - Customer Relationship Management. It means how the organization is creating and managing the…
Q: How could expansion plans affect the choice of a legal form of organization?
A: Introduction: The legal form of a company can be defined as the entity which is formed by a group of…
Q: What are some problems a new business might face?
A: A new business may face several problems. It may be financial, operational, social, political etc.…
What are some advantages of sole proprietorship for PODS? What are some disadvantages?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- What are some advantages of private corporations for PODS? What are some disadvantages?Mini Case: Ben and Jerry’s Ice CreamThis idiosyncratic business was founded and developed by two partners, both entrepreneurs but, at face value, unlikely businessmen. Ben Cohen was a college dropout who had become a potter. His friend from hisschooldays was Jerry Greenfield, a laboratory assistant who had failed to make it into medical school. They had become ‘seventies hippies with few real job prospects’. They decided they wanted to do something themselvesand ‘looked for something they might succeed at’. They ‘liked food, so food it was!’ They could not afford the machinery for making bagels, their first choice, but ice cream was affordable. In 1977 they opened an ice-creamparlor in Burlington, Vermont, where there were ‘lots of students and no real competition’. They fostered a relaxed, hippy atmosphere and employed a blues pianist. Their ice cream was different, with large and unusualchunks. They were instantly successful in their first summer, but sales fell off in the fall and…2 What is a franchise?
- 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?What is meant by sole proprietorships?Why are not-for-profit organizations different from most businesses? Are there any similarities between a goods-producing business and a not-for-profit organization?