Introduction to Business
OER 2018 Edition
ISBN: 9781947172548
Author: OpenStax
Publisher: OpenStax College
expand_more
expand_more
format_list_bulleted
Textbook Question
Chapter 4.1, Problem 2CC
Why is this a popular form of business organization?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Discuss the 5 Basic Forms of Business Organizations.
What are the four resources that must be merged in order to organize and run a business?
What is considered to be the most effective model of organization? Why?
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...
Additional Business Textbook Solutions
Find more solutions based on key concepts
What are the leadership behaviors in the path-goal theory of leadership?
Principles of Management
Ravenna Candles recently purchased candleholders for resale in its shops. Which of the following costs would be...
Financial Accounting (12th Edition) (What's New in Accounting)
Discussion Questions 1. What characteristics of the product or manufacturing process would lead a company to us...
Managerial Accounting (4th Edition)
E2-13 Identifying increases and decreases in accounts and normal balances
Learning Objective 2
Insert the mis...
Horngren's Accounting (11th Edition)
Prepare a production cost report and journal entries (Learning Objectives 4 5) Vintage Accessories manufacture...
Managerial Accounting (5th Edition)
Any device used to provide the results of processing data is a(n) ________ device. A. sources B. input C. outpu...
Principles of Accounting Volume 1
Knowledge Booster
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_forwardCompare and contrast cooperative and other forms of business organization. How does cooperative differ from other forms of business organization?arrow_forwardWhat is the purpose of a business organization and how do managers support that purpose?arrow_forward
- how would you apply formal and informal business structures in a career context?arrow_forwardWhy are not-for-profit organizations different from most businesses? Are there any similarities between a goods-producing business and a not-for-profit organization?arrow_forwardWhat major advantages of corporations have given rise to their dominance as a form of business organization?arrow_forward
- What is the purpose of the formal organization?arrow_forwardChapter 11 discusses the various forms of business structures. Which form do you feel would be the most advantageous? Why? Which form do you feel would come with the most liabilities? Why? Would your answers change depending on the number of people and the type of business involved?arrow_forwardWhy is a partnership a difficult form of business organization? What are its limits and disadvantagesarrow_forward
- State the various types of business organizations that exist and explain the distinguishing characteristics of each.arrow_forwardIf you started your own company selling iPhone applications, what organizational structure would you create? Why?arrow_forwardHow could a fraternity or student organization's success be evaluated?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage LearningEssentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage LearningAccounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
- International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education