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Bogdan [553]
2 years ago
8

Which form of business organization is established as a separate legal entity? multiple choice sole proprietorship partnership c

orporation none of these
Business
1 answer:
Sphinxa [80]2 years ago
4 0

Business organization that is established as a separate legal entity is the corporation.

A corporation is a business organization which is  established by a group of people. The founders of the corporation combine their resources to start the business with motive of profit.  As a form of business ownership,  a corporation is a separate and distinct entity from the founders.

After registration, a corporation acquires the right to engage in business transactions, get its own properties, hiring of  employees, acquire assets, and incur debts.

The corporation is always treated as a legal person. The law protects the properties of shareholders from being interfered with should the corporation fail to protect its obligations.

To know more about corporations here:

brainly.com/question/13378534

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As a store manager, Leah has to play the role of negotiator, such as purchasing products at a fair price for her company. As she
zaharov [31]

Answer:

decisional

Explanation:

She is playing a decisional role in the above scenario since she has to make the necessary arrangements and arguments and select the best possible price for the given scenario.

7 0
3 years ago
Galatea Foods was founded in Greece by Galatea Chronos in 1978, and the company spread rapidly through Western Europe. Ms. Chron
Alina [70]

The company probably uses the multidomestic strategy.

<h3><u>What is a multidomestic strategy?</u></h3>
  • A multi-domestic strategy is one in which businesses adapt both their product lineup and their marketing approach to suit several national contexts in an effort to maximize local responsiveness.
  • Each large national market where commerce is conducted typically has established production, marketing, and R&D operations.
  • The structure of multinational corporations is described by an alternative use of the phrase.
  • International or multinational businesses advertise comparable products in numerous countries and benefit from economies of scale through shared overhead.

Multinational corporations can achieve more localized management by having separate headquarters in many nations, but at a higher cost by forgoing the economies of scale through cost sharing and centralization.

Know more about multidomestic strategy with the help of the given link:

brainly.com/question/14989951

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4 0
1 year ago
ournalize the entries to record the following: June 1 Established a petty cash fund of $200. 30 The amount of cash in the petty
Keith_Richards [23]

Answer:

The journal entries are as follows:

(i) On June 1,

Petty cash A/c    Dr. $200

To cash                                 $200

(To record petty cash established)

(ii) On June 30,

Postage A/c             Dr. $25

Entertainment A/c   Dr. $100

Miscellaneous A/c   Dr. $20

To cash short and over A/c                 $2

To cash ($200 - $57)                           $143

(To record cash replenishment)                      

8 0
3 years ago
Urgency, specific application, and size of order are examples of ________ segmentation variables for business markets.a. Situati
taurus [48]

Answer:

Letter a is correct. <u>Situational factors.</u>

Explanation:

Situational factors are defined as the set of temporary environmental factors that will influence consumer behavior in the purchasing process.

These may include:

  • <u>the physical environment:</u> physical characteristics that influence purchase such as the organization and size of space.
  • <u>the social environment:</u> influence of consumption by other people.
  • <u>the task:</u> convenience of purchase for some reason.
  • <u>the time:</u>  time the person has to make a purchase.
  • <u> antecedent psychological states:</u>  spirit and psychological states that influence people to buy.
4 0
4 years ago
Lynn Bernerd, Inc., manufactures and sells reclining furniture. The company currently operates in the United States but wishes t
xeze [42]

Answer:

E) Trading company

Explanation:

In international trade, trading companies are basically wholesalers that work at an international level. They usually purchase products from different businesses and then resell them to local retail businesses or sometimes final consumers (less common). Trading companies generally enter a exclusive distribution agreement with the manufacturer per region or country that they operate in.

3 0
3 years ago
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