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mars1129 [50]
3 years ago
9

Charles wants to start a décor business and takes a loan of $35,000 from the bank to set up the business. Once the business is u

p and running, Charles will have full control of the business and its profits. However, he will also be responsible for any losses that the business incurs. In this scenario, which form of business ownership is Charles planning to start?
Business
1 answer:
miv72 [106K]3 years ago
5 0

Answer:

Sole Proprietorship

Explanation:

Charles is planning to start a sole proprietorship business. It is the most common form of business ownership.

This is the form of business owned, managed and operated by a single individual. Here, there is no distinction between the business and the owner. The owner of the business will have total control of all the profits incurred in the business and solely be responsible for all losses incurred as well.

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What situations would indicate that an increase in turnover might be just what an organization needs?
Basile [38]

Answer:

Explanation:

In the context of Human Resources, turnover refers to the number of workers who leave the organization. A scenario where an increase is what is needed the most would be if the current employees are unable to efficiently and effectively complete their work and are costing the company more money than they are producing in sales. Therefore, if those employees leave the company will save money on them and can hire newer employees that may perform much more efficiently.

7 0
3 years ago
Sun-Jun is the executive general manager of a U.S.-based multinational corporation. Marisol is a manager in a similar position b
Norma-Jean [14]

Answer: A. choosing an appropriate mode for entering a particular foreign country

Explanation:

The options to the question are:

A. choosing an appropriate mode for entering a particular foreign country

B. developing a business strategy

C. marketing a product or service

D. adhering to labor and environmental standards

E. maintaining healthy relations with the U.S. government.

From the question, we are told that Sun-Jun is the executive general manager of a U.S.-based multinational corporation while Marisol is a manager in a similar position but works for an American company that operates only in the U.S. and does not engage in international business.

Since Marisol's company does not engage in international business, while Sun-Jun works in a multinational corporation, this means that the business function will be most typically exclusive to Sun-Jun will be choosing an appropriate mode for entering a particular foreign country.

4 0
3 years ago
For each of the following products and services, indicate whether it is more likely produced in a process operation or in a job
lord [1]

Answer:

Process operations are for when there are multiple goods to be produced. These products normally have the same specifications so can be mass produced.

This is different from Job order operation which is used when a single good is product. It is usually used for customized goods.

Process operations:

  • Beach towels
  • Bolts and nuts
  • Lawn chairs
  • Headphones

Job Order operation

  • Designed patio.
3 0
3 years ago
In the absence of a specific provision in its articles of incorporation, a corporation's Board of Directors has the power to do
nekit [7.7K]

Answer:

4. Amend the articles of incorporation.

Explanation:

The articles of incorporation is the document of incorporation  prepared by the promoters a corporation which provide general information about the corporation submitted to their home state to get the entity incorporated.

The  Board of Directors of a corporation has no power to amend the articles of incorporation but must followed some procedure before it can be amended. However, it needs the vote of majority of the directors before the proposal can be submitted to Secretary of State

5 0
3 years ago
Sam, an engineer, supervises the construction of a new bridge. When the bridge collapses due to faulty construction, Sam is sued
aleksandr82 [10.1K]

Answer: Other Engineers.

Explanation:

Sam is held responsible for the bridge collapse based on his role as the engineer in charge of the project. As an engineer care has to be taken in making accurate calculations and design to ensure there are no accidents or failure as a result of poor design.

3 0
3 years ago
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