Introduction to Business
OER 2018 Edition
ISBN: 9781947172548
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 4.1, Problem 2CC
Why is this a popular form of business organization?
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What are the main characteristics, advantages, and disadvantages of this form of business organization?
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Chapter 4 Solutions
Introduction to Business
Ch. 4.1 - What is a sole proprietorship?Ch. 4.1 - Why is this a popular form of business...Ch. 4.1 - What are the drawbacks to being a sole proprietor?Ch. 4.2 - How does a partnership differ from a sole...Ch. 4.2 - Describe the four main types of partnerships, and...Ch. 4.2 - What are the main advantages and disadvantages of...Ch. 4.3 - What is a corporation? Describe how corporations...Ch. 4.3 - Summarize the advantages and disadvantages of...Ch. 4.3 - Why do S corporations and limited liability...Ch. 4.4 - Describe the two types of cooperatives and the...
Ch. 4.4 - What are the benefits of joint ventures?Ch. 4.5 - Describe franchising and the main parties to the...Ch. 4.5 - Summarize the major advantages and disadvantages...Ch. 4.5 - Why has franchising proved so popular?Ch. 4.6 - Differentiate between a merger and an acquisition.Ch. 4.6 - What are the most common motives for corporate...Ch. 4.6 - Describe the different types of corporate mergers.Ch. 4.7 - What are some of the demographic trends currently...Ch. 4.7 - As a prospective business owner, what could you do...Ch. 4.7 - What other economic trends are influencing today's...Ch. 4 - After seeing a Quiznos franchise recruitment...Ch. 4 - Is the not-for-profit form of business...Ch. 4 - Why has this form of ownership not been replicated...Ch. 4 - What are the limitations and constraints that this...
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Similar questions
- What are the different forms of business organizations? How do different organization forms impact control and access to financing? How will you decide on the appropriate organizational form for a business?arrow_forwardWhen should someone from outside a company be hired to manage the company or one of its business units?arrow_forwardWhat is considered to be the most effective model of organization? Why?arrow_forward
- Why is a partnership a difficult form of business organization? What are its limits and disadvantagesarrow_forwardWhat is an organization chart? Distinguish between formal and informal organization.arrow_forwardHow important is the practice of delegation to the effective operation of a small business?arrow_forward
- What is a business organization? What is the difference between profit and non-profit organization? Which is easier to manage in your own opinion? Explain your answer.arrow_forwardHow do entrepreneurs and startup founders apply organizing principles to build and scale their businesses, and what are the key challenges they face in the process?arrow_forwardWhat major advantages of corporations have given rise to their dominance as a form of business organization?arrow_forward
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