rue or False 1. A cooperative is a business organization owned by a group of individuals and is operated for their mutual benefit 2. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit. 3. Sole proprietorship are not ideal for high risk businesses because they put your personal assets at risk.

rue or False 1. A cooperative is a business organization owned by a group of individuals and is operated for their mutual benefit 2. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit. 3. Sole proprietorship are not ideal for high risk businesses because they put your personal assets at risk.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter8: Business Organizations

Section: Chapter Questions

Problem 19AA

See similar textbooks

Similar questions

What is the importance of financila analysis and planning in a business? Include examples
Study Questions 1. Identify the major disadvantage of a sole proprietorship or a partnership. 2. How does a corporation differ from a partnership? 3. What conflicts exist when a MCO provides bonuses to physicians for providing fewer tests?
Which of the following stakeholders of a company would most likely be responsible for formulating a corporate strategy? Select one: A. the middle manager B. the creditors C. the first-line employees D. the chief executive officer
3. Which of the following must be included in an organization’s statement of accounting profits for the statement to be of use?a. the estimated amount the organization could have earned pursuing other optionsb. the extent to which technological improvements increased productivityc. the percentages planned for reinvestment or distribution to investorsd. the period in which the profit was earned, such as a year or a quarter
1. Discuss moral philosophy and its role in business ethics 2. Differentiate idealism vs. realism. Give example
Which rules are followed to be a successful entrepreneur?
Question 1 Part A: You want to develop a new product and you want to make your money back as quickly as possible. There are four potential products that you can invest in. Project 1 Project 2 Project 3 Project 4 Initial Cost $60,000 $70,000 $77,500 $85,000 Annual $10,500 $16,000 $8,500 $15,000 Revenues Length of Ownership 6 4 9 10 Question 1 Part A: If you were to make your selection by using the conventional payback period, what is/are some potential problem(s) with selections made using this method?
Financial managers should consider this when improving the financials of the firm A. that the overall goal is the maximization of the market value of the equity through improved income and cashflows.B. that cost minimization is the primary concern of the firm.C. that exposing the firm to the most risk for the most return should be priority.D. that the personal goals of customer and employees are above the goals of the shareholders.
How much control over decisions do the owner of corporation have?
None
What is the difference between a for profit and nonprofit business?
Corporate governance. Describe how Walmart structure this, who is involved and where can they improve?