Introduction to Business
OER 2018 Edition
ISBN: 9781947172548
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 4.3, Problem 2CC
Summarize the advantages and disadvantages of corporations. Which features contribute to the dominance of corporations in the business world?
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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
- Business structure has different economic, legal and tax consequences. As a result, please explain the tax advantages and disadvantages of running a business as a sole trader, a partnership, and a limited company.arrow_forwardDiscuss , How can companies encourage and support intrapreneurship, or employees who act as entrepreneurs within the organization?arrow_forwardHow do antitrust laws regulate mergers and acquisitions, and what factors do regulators consider when evaluating the potential anticompetitive effects of a merger or acquisition?arrow_forward
- 2. Which form of business gives the business owner the most protection from lawsuits targeting your business? a) Sole proprietorship b) Partnership c) Corporation d) Franchisearrow_forwardWhat are the legal considerations for businesses in terms of mergers and acquisitions, including antitrust laws and regulations?arrow_forwardExplain why general corporations have become the dominant form of the different types of business ownership.arrow_forward
- What are the primary types of business ownership and how do they differ in terms of liability, decision-making authority, and profit distribution?arrow_forwardHow the business will operate and co-exist in the business?arrow_forwardWhy does behaving legally, ethically, and socially responsible make good business sense?arrow_forward
- What is the difference between franchisor and franchise?arrow_forwardConsidering the various types of business entities, how would you convince a company’s founder that becoming a B corporation or a public benefit corporation is a better way to do business? Provide some examples of companies that have chosen this type of corporate entity. Additionally, discuss how you think that becoming a B Corporation or a public benefit corporation can help address social and environmental problems while still attracting consumers and investors?arrow_forwardDescribe the basic types of business with their inherent advantages and disadvantages.arrow_forward
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