Answer:
A. Sole proprietorship
Explanation:
A sole proprietorship is a business owned by one person. The owner is responsible for making all business decisions like the products or services to sell, its location, the hours, and mode of operations. The owners enjoy all the profit by themselves. A sole proprietorship is the easiest form of business structure to start. The owner only needs to register it and obtain a license from the local authorities.
Some of the drawbacks of a sole proprietorship or sole trader are a limited source of capital and unlimited liabilities to the debts of the company. Since the business is owned by a single individual, capital is contributed by that one person only. The law treats a sole proprietorship business and the owner as one entity. Business profits are the owner's profits, and so are the debts.
When a market is experiencing low competition, firms can recover research and development costs by using a skimming price strategy.
<h3>What is a skimming price strategy?</h3>
This refers to when companies sell goods at a high price because there isn't much competition.
As other suppliers enter the market and the competition increases, the companies will then reduce their prices.
Find out more on skimming prices at brainly.com/question/14228569
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Answer:
The correct option is option a)
often fails to live up to its hype
Explanation:
According to the textbook, starting a business to make a lot of money often fails to live up to its hype.
Answer:
Investing is a guaranteed way to grow your money. FALSE (IT is not 100% guaranteed, as all money can be lost in failed investment)
Investing is best for long-term financial goals, like paying for retirement. TRUE
Investing is riskier than putting money in a savings account. TRUE
On average, investing money in the stock market earns a higher return than putting money in a savings account: TRUE
Answer:
a. harvest strategy
Explanation:
Although Mountaintop Electronics eliminate the investment on DVD players. As new investment will not boost product revenue.
A harvest strategy involves this course of acction to maximize profits towards the end of a product's life cycle.
It is suitable for outdated products to reinvest profit in newer models or newer technologies.
The harving strategy is a normal business strategy as all products have a life cycle and when it is near the end the firm wisely decreases his investment on it and dedicates capital into more new and profitable product which benefit from the cash inflow
