1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
A manufacturer of printed circuit boards is considering purchasing a new surface mount technology component placement system. Tw
Darina [25.2K]

Answer:

R is a better alternative because it has a higher NPV than Q.

Explanation:

Machines                            Q                                  R

First costs                   $380,000                  $395,000

Net annual revenue $150,000 in year 1,      $152,500

                                  increasing by $500

                                   per year thereafter  

Salvage value               $4,000                             0

Life, years                           8                                 10

MACRS 7 year recovery:

year                    %                         Q                           R

1                      14.29%               54,302                  56,445.50

2                    24.49%               93,062                  96,735.50    

3                     17.49%               66,462                  69,085.50

4                     12.49%               47,462                  49,335.50

5                      8.93%               33,934                   35,273.50

6                      8.92%               33,896                  35,234.00

7                      8.93%               33,934                   35,273.50

8                      4.46%                16,948                    17,617.00

net cash flow

year                                    Q                           R

1                                     116,505.70                   118,880.93

2                                    130,396.70                  132,982.43    

3                                    121,411.70                     123,304.93

4                                    115,086.70                   116,392.43

5                                    110,676.90                    111,470.73

6                                    110,930.10                    111,456.90

7                                    111,326.90                     111,470.73

8                                    108,306.80                 105,290.95

9                                                                            99,125

10                                                                           99,125

Using a financial calculator, I calculated the NPV using a 12% discount rate:

  • Q's NPV = $200,636.15
  • R's NPV = $259,221.01

6 0
3 years ago
Paul Solomon is the owner of Solly's, an upscale restaurant in Tampa, Florida. Each year, Paul spends about $150,000 in advertis
Papessa [141]

Answer:

E. systematic sample

Explanation:

Base on the scenario been described in the question, Paul Solomon the owner of Solly's, an upscale restaurant in Tampa, Florida, wants to know how good his advertising dollars is work, he hires Getty research to do this, Getty research advised to do a TOMA study, for Getty to draw it samples, they have to use systematic sampling.

Systematic sampling is a statistical method sampling that involves the selection of elements or members from a well ordered sampling frame.

4 0
3 years ago
__________ is the set of costs associated with various issues firms face when entering foreign markets, including unfamiliar ope
FromTheMoon [43]

<u>Option c. Liability of foreignness</u> is the correct answer.

<h3>What is Liability of Foreignness?</h3>

(LOF) specifies the disadvantages that a corporation faces in a foreign country as a result of its foreign status. Because of differences between cultures, languages, conventions, rules, and market conditions, they are at a disadvantage. Foreignness liability introduces new issues for firms to comply with, costing them more fees and effort to run. Zaheer, S., created the phrase "Liability of Foreignness" in her foundational paper "Overcoming the Liability of Foreignness," published in the Academy of Management Journal in 1995.

<h3><u>Examples of LOF</u></h3>

Consider a foreign corporation starting a business in a host nation with a different culture, language, and legislation. In such a case, they must train their employees to acquire the fundamentals of the foreign language, tailor their products to meet local needs, and adjust their marketing techniques. All of them need additional fees for the company.

Therefore,<u> Liability of Foreignness</u> is the set of costs associated with various issues firms face when entering foreign markets, including unfamiliar operating environments; economic, administrative, and cultural differences; and the challenges of coordination over distances.

For more information on Liability of Foreign, refer to the following link:

brainly.com/question/23451497

#SPJ4

3 0
1 year ago
Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all invest
My name is Ann [436]

Answer:

Net present value  $1,363.50

Explanation:

The computation of the net present value of B is shown below:

Year         Cash flows         PVIFA factor at 15%      Present value

0              -$15,600                  1                                -$15,600

1                   0                        0.8696                              0

2                  0                        0.7561                                0

3                25,800                0.6575                      $16,963.50

Net present value                                                   $1,363.50

3 0
3 years ago
Falcon Co. produces a single product. Its normal selling price is $26 per unit. The variable costs are $16 per unit. Fixed costs
xxTIMURxx [149]

Answer:

Effect on income= $10,290 increase

Explanation:

Giving the following information:

Falcon can handle the special order, and for this order, a variable selling cost of <u>$2 per unit would be eliminated.</u>

<u>Because it is a special order that would not affect current sales, we won't take into consideration the fixed costs.</u>

<u></u>

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income= Number of units sold*unitary contribution margin

Effect on income= 1,470*(21 - 14)

Effect on income= $10,290 increase

6 0
3 years ago
Other questions:
  • Which career is likely to earn the highest salary?
    7·1 answer
  • In an open economy, why is the demand curve for dollars in the foreign-currency exchange market downward sloping? A. A depreciat
    8·1 answer
  • Heidi's Accessories bought 50 necklaces for $10 each on account. The invoice included a 6% sales tax and payment terms of 2/10,
    9·1 answer
  • A snowboarding manufacturer segmented areas in the states containing ski resorts by zip code and targeted TV ads in those zip co
    11·2 answers
  • How to calculate marginal tax rate effective tax rate and average ​
    15·1 answer
  • Raw Materials Inventory Begin. Inv. 12,400 Purchases 47,000 Avail. for use 59,400 DM used 50,000 End. Inv. 9,400 Work in Process
    5·1 answer
  • Everett Company has outstanding 30,000 shares of $50 par value, 6% preferred stock and 70,000 shares of $1 par value common stoc
    11·1 answer
  • Bradshaw Company provided the following data: Standard fixed overhead rate (SFOR) $5 per direct labor hour Actual fixed overhead
    9·1 answer
  • Describe the key differences in how bank capital ratios change as GDP increases between large and small banks.
    11·1 answer
  • Volatility or Blank______ increases for equity holders when leverage increases. Multiple choice question. inevitability certaint
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!