Answer:
The answer is: Owner is personally liable for all debts of the business.
Explanation:
Sole proprietorship is the oldest type of business, where a single person is the owner of a business.
Some of the advantages of sole proprietorship are:
- the simplest and most flexible business structure.
- owner has complete control and full decision making powers
- easy to close down the business
- profits are taxed at the owner´s tax rate
Some of the disadvantages of sole proprietorship are
:
-
owner is personally liable for all debts of the business
.- if the business goes bankrupt, usually the owner does also
- death or illness of the owner will lead to the end of the business.
- difficulties in raising capital from outside sources
Answer:
Option D
Explanation:
Because it is not one of the key assumption underlying ppf
Answer:
The answer is 'One product and multiple market segments'
Explanation:
The market segmentation strategy here is One product and multiple market segments.
The product is one product(the magazine story) and this one product (same story) covers 16 different regions of the U.S i.e the same product is selling in 17 market segments.
The advantage of this strategy is that it helps to avoid the additional costs of developing and producing additional versions of the product.
Answer:
True
Explanation:
The workplace refers to the place where an activity is carried out for the purpose of a monetary return. Each workplace is made up of different people, maintaining different dynamics. This way, every workplace is different. Even though it is standardized, the people who make up the place will give the workplace different dynamics, differentiating them.
The local government receive most of their money from Real Estate Property Tax and Personal Property Tax.
Real Estate Property are properties that are immovable. This includes land, building, and all improvements (fixtures) that cannot be removed without damage to the property.
Real Estate Property Tax is levied on homes, farms, business properties, and most other real property.
Personal Property are properties that are movable. Examples are vehicles (cars, van, SUV)
