23. Which of the following is the most common type of business ownership: a. Partnership b. Sole Proprietorship c. Corporation d. Subchapter S Corporation

Q: What are three ways small businesses can be defined?

A: Business: It means the organized efforts and activities of individuals to produce and sell goods and…

Q: What is the difference between a for profit and nonprofit business?

A:

Q: What is the average lifespan of a corporation?

A: Corporations refer to the business units which are large in size and are being operated as one…

Q: what steps are necessary to set up a corporation in your California. How do the fees compare with…

A: A corporation is an organization that is authorized separately from the owner.

Q: hat does an entrepreneur use to summarize his or her business strategy for a proposed new venture?

A: An entrepreneur is an individual who takes on the role of organizing, managing, and operating a…

Q: Why is it important for companies to decide on their corecompetencies before choosing an…

A: Core competency is an association's characterizing quality, giving the establishment from which the…

Q: What are the major differences in the organization between the IT-based companies and the…

A: When we talk about IT based companies,we talk about organization as it involves organized software…

Q: Which rules are followed to be a successful entrepreneur?

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: Function of private corporation and businesses organization

A: Corporate and business functions, such as finance, human resources, IT, procurement, legal, and…

Q: Make a list of your characteristics and competencies that could make you a successful entrepreneur.…

A: Answer: Successful entrepreneurs are some curious people who always seek new opportunities, which…

Q: c. Suppose that the price of soap is again $3 per bar but that the prices of all four resources are…

A: Profit refers to the difference between total revenue and total cost .Total revenue is the product…

Q: What are the advantages of a sole proprietor?

A: A sole proprietor runs his own business on his own and also has total control of the business in his…

Q: In long-run equilibrium, suppose that this restaurant charges $11 per meal for 180 meals and that…

A: In the long run, new firms are entering in to the business if there is an economic profit. If the…

Q: What are the importance of awards and quality certifications in business organizations?

A: Awards and quality certifications increase the brand of the business organization. For the…

Q: An optional question to give you more practice solving games. Consider the following one-shot…

A:

Q: What differentiates an entrepreneur from a small-business owner?

A: Entrepreneurs are those who launch new businesses, bearing the bulk of the risks and getting the…

Q: Suppose in Fiscalville there is a 5 percent tax on the first $10,000 of income, but there is a 15…

A: The average tax rate is the total amount of tax divided by total income.

Q: How much control over decisions do the owner of corporation have?

A: It is the shareholders who own the corporations. The shareholders collectively have a great extent…

Q: What is Company in terms of business?

A: A company is a legal institution established by group of independent people to captivate in and…

Q: (1) Suppose that two identical firms produce widgets and that they are the only firms in the market.…

A: [c] If already calculated then you would know that In Cournot - Nash equilibrium then the profit…

Q: Production Alternatives Type of Production A B D. E Automobiles 4 8. Forklifts 30 27 21 12 a. Show…

A: c) Producing 3 automobiles and 20 forklifts, here it can be said that the resources here are left…

Q: Difference between board of directors and management ?

A: Management: Humans do not live in solitude. They seek assistance from others to complete their…

Q: C and D

A: c) GDP = C+ I+G+NX = Personal consumption expenditure + Net private domestic investment + Government…

Q: For problems 1, 2, 3, we consider an agent Ann who consumes goods and y and has a utility U(x, y) =…

A: Optimal consumption bundle: The optimal consumption bundle is such that at that bundle the…

Q: Why do corporations have a corporate responsibility?

A: Key elements of a corporation  A corporations is basically characterized regarding legitimate status…

Q: What are the main characteristics of fast-growing companies.

A: Company: The company is an artificial person that comes into the existence after its registration.…

Q: 7. Various measures of cost Douglas Fur is a small manufacturer of fake-fur boots in San Francisco.…

A: Total cost is the sum of fixed cost and variable cost.  Fixed cost remains fixed at all level of…