Answer this for me mate. Much appreciated. Your friends have been thinking of starting a business. After carefully listening to theirconcerns, give them your best advice.For each scenario below, answer the following questions:- Which business structure should they adopt for their new business?· Explain your answer and state the costs and benefits of your advice. Scenario 1Jayden, Andrew, and Mateo have been close friends since they met freshman year incollege. They all graduated last year- Jayden with a degree in Computer Science, Andrewwith a degree in Graphic Design, and Mateo with a degree in Business Administration. Allthree are computer whizzes and have worked part-time through high school and collegefixing computer problems. Each has approximately $50,000 in savings for this businessventure. They have been talking about starting a computer company (JAM ComputerSolutions) in their local town to help businesses and individuals with computer problemsor those who need help developing and designing web sites. In doing research, Jaydenfound that there are only two other computer companies in their town of 100,000 people,and neither one will do both web design and computer hardware/softwaretroubleshooting.

summary of the case Jayden, Andrew, and Mateo are friends. Jayden was graduated in computer…

Your friends have been thinking of starting a business. After carefully listening to their concerns, give them your best advice. For each scenario below, answer the following questions: - Which business structure should they adopt for their new business? · Explain your answer and state the costs and benefits of your advice.

Your friends have been thinking of starting a business. After carefully listening to their concerns, give them your best advice. For each scenario below, answer the following questions: - Which business structure should they adopt for their new business? · Explain your answer and state the costs and benefits of your advice.

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter6: Managing Start-Ups And New Ventures

Section: Chapter Questions

Problem 2EE

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