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mel-nik [20]
2 years ago
9

A disadvantage of a sole proprietorship is?

Business
1 answer:
ivann1987 [24]2 years ago
4 0
I think the answer is B, but I am not sure.
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You manage a company that competes in an industry that is comprised of four equal-sized firms that produce similar products. A r
Alja [10]

Explanation:

It is given that in the market there are four equal-sized firms that produce similar products. The market is saturated such that 10% industry-wide price rise would lead to 18% decline in units sold by all firms in the industry. Going further, there is a proposed legislation that imposes a tariff on a key input used by the industry, which on realization would result in the increase in marginal cost by $2.

This means that the market elasticity of demand is:

[ FIND THE ATTACHMENT FOR SOLUTION]

5 0
3 years ago
Fabian was finding it difficult to acquire a credit card that would suit his needs. He checked his credit report to determine wh
shusha [124]

Answer:

D.

irregular and missed loan payments

Explanation:

Missing and missed loan payments cause one to have a poor credit score.  A credit score is a numerical representation of an individual or institution's debt worthiness. A high credit shows that the individual is a trusted borrower.

A high credit score comes about if one has a history is repaying his or her obligation promptly. The individual does not skip on their regular installments repayment. Lending institutions use borrowing history to predict how a borrower is likely to behave if credit is advanced to them. A high credit score shows that the borrower is unlikely to default to his repayment.

4 0
3 years ago
You are the marketing research director of a medium-sized manufacturing firm and you would like to engage an outside marketing r
satela [25.4K]

Answer:

The answer is D. Specialty-line marketing research firms.

Explanation:

7 0
2 years ago
A corporation is incorporated in only one state regardless of the number of states in which it operates.
k0ka [10]

Answer:

(A) True

Explanation:

A corporation just requires a basic incorporation state, through which the legal identity of its incorporation is created. After that it does not require to incorporate in all the states where the business is being conducted.

As per the law, there shall be at-least a different legal identity then that of the individual to conduct such business. Law does not demand separate incorporation.

Thus, the above statement is

True.

5 0
3 years ago
Should companies hire only people who represent the company image based on how they look?
Alex_Xolod [135]
No, companies need to hire people who have experience.
3 0
3 years ago
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