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natulia [17]
3 years ago
12

4. Choose an example of a type of new company you could start, and then use this company idea to answer the questions below. TIP

: You might choose to open a hair salon, a babysitting service, a record store, or many other things.
(a) Describe the type of company you chose. (1-2 sentences. 0.5 points)
(b) If you were starting a new company, describe at least three departments to the company that you would need right away. Why are these departments so important? (1-5 sentences. 1.5 points)
(c) What type of organizational structure would you want to use for this company (by function, by process, by product, and so on)? Explain why you would prefer this structure. (2-4 sentences. 1.0 points)
(d) How important would liability protection be for this type of company? Explain why it would or would not be important. (2-4 sentences. 2.0 points)
(e) Which business structure would make the most sense for this type of company (sole proprietorship, partnership, LLC, C corporation, S corporation, or nonprofit corporation)? Explain why this structure would be good for this type of company. Give at least 3 reasons. (3-6 sentences. 6.0 points)
(f) Describe at least three factors of success that you would want to focus on for this company. (1-3 sentences. 1.5 points)
Business
1 answer:
AlexFokin [52]3 years ago
6 0

The most important factor in the work process or industry is to retain the interest of the employee. And to retain them, their salary or profit must be adjusted to the best value. Unless the employee does not do his job properly, employees must receive bonuses or benefits to ensure them to stay in the company. It will actually make them stay longer, make them feel important and reduce costs for hiring new employees.

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John is interested in joining with a large corporation in a cooperative venture to share risks and pool resources for his small
s344n2d4d5 [400]

Answer:

<em><u>An international strategic alliance.</u></em>

Explanation:

An international strategic alliance is characterized by the collaboration of companies based in different countries whose main objective is to share resources and know how for the development of the economic growth strategy.

Companies that establish an alliance remain independent, and can be categorized according to their type of collaborative activity, which may be:

  • franchise,
  • management,
  • licensing,
  • procurement,
  • research and development,
  • marketing, manufacturing (...)

7 0
3 years ago
When the cost method is used to account for a stock investment the carrying value of the investment is affected by
Goshia [24]

Answer: b. neither the earnings nor the dividends of the investee.

Explanation:

When the cost method is used to account for a stock investment, it means that in the books, the stock is to be recorded at the price it was purchased for.

This means that even if earnings and dividends accrue on the stock, it is not to change in value but should stay being recorded at the price it cost to acquire.

3 0
2 years ago
Arthur, an Air Force major, received a permanent change of station transfer from Alabama to Spain. His spouse did not accompany
daser333 [38]

Answer:

$0

Explanation:

Generally speaking, military housing allowances, subsistence allowances, overseas housing allowances and family separation allowances are not included in gross income. They are not taxed by the federal or state governments. Military personnel are not relocated based on the country's national security needs, not their own personal needs.

If the moving expenses exceed the amount given to them by the Air Force, the extra amount is generally tax deductible.

6 0
3 years ago
"Tariffs and other trade restrictions increase the domestic scarcity of products from abroad. Such policies benefit domestic pro
iris [78.8K]

Answer: is correct

Explanation: Tariff refers to the tax imposed on import and export activities. These are a type of trade restrictions that are made to regulate the domestic market of the country.

The tariff imposed on export will increase the price of the exported goods in the domestic market. Thus a majority population in the country will not purchase it and the domestic producers will benefit from this situation. In such a case, the domestic producers will make unreasonable profits from domestic consumers.

3 0
3 years ago
Nonuniform Inputs, Equivalent Units Terry Linens Inc. manufactures bed and bath linens. The bath linens department sews terry cl
anyanavicka [17]

Answer:

For Material 80,000

For Conversion 72,000

Explanation:

The computation of equivalent units of production for the bath linens department for August is shown below:-

                                     <u>Materials</u>               <u>Conversion</u>  

Units completed and

transferred out              60,000                   60,000

Units in process,

August 31                      20,000                   12,000

                                                               (20,000 × 60%)

Equivalent units of

production                   80,000                   72,000

Therefore to reach out the equivalent units of production we simply added the units completed and transferred out with Units in process Aug 31 of material and conversion.

4 0
3 years ago
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