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Dominik [7]
3 years ago
7

What are things to consider before opening a business?

Business
1 answer:
artcher [175]3 years ago
7 0
You should consider whether you want it to be a private or public company. A private company means that should the business fall-out, you and your business partners are responsible for the cost of the lawsuit and you will have to pay out of pocket. If your business is public, meaning that people can buy shares of your stock, then you would only have to pay up to the value of the amount of stock that you own. Hope that helps!
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Identify whether each example in below is a programmed or nonprogrammed decision.
insens350 [35]

Answer:

The answers are:

1. nonprogrammed decision

2. programmed decision

3. nonprogrammed decision

4. programmed decision

Explanation:

Programmed decisions are decisions for which the decision maker has developed certain set of guiding rules for, over time, as a result of repetition. Here the results can be predicted with a reasonable degree of accuracy, because the situations surrounding the circumstances are well known. In our example, feeding the puppy overtime has become routine, hence it is a programmed decision, also, the choice of tea at Starbucks is a programmed decision because you know what to expect and that is because you have tried the other varieties and come to a conclusion on the choices to be made which is well understood.

On the contrary, a nonprogrammed or nonroutine decision is a decision that is based on circumstances that are not entirely predictable to a reasonable extent. The structure of the circumstances surrounding the decision to be made is not well understood. There are so many "what ifs". These decisions can be said to be novel, and they are not routine. In our example, the choice of the constructor to use for your kitchen design and the decision by the accounting firm on whether to renew the lease or relocate are nonprogrammed because these decisions are not everyday decisions and the decision makers are not certain what the outcomes will be depending on the choices they make, if they will eventually regret it or not.

5 0
4 years ago
One of the purposes of filing the annual updating amendment to the Form ADV Part 1A is to A) provide updated information on thos
valkas [14]

Answer:

One of the purposes of filing the annual updating amendment to the Form ADV Part 1A is to

C) verify that the investment adviser still qualifies for SEC registration

Explanation:

Filing the annual Form ADV Part 1A gives the SEC and the state securities authorities information about the investment adviser's business, ownership, clients, employees, business practices, affiliations, and any disciplinary events of the adviser or its employees.  The form enables the SEC to register investment advisers and to obtain information from and about exempt reporting advisers.

3 0
3 years ago
In what ways do the increased resources of a partnership help a business?
Neko [114]
A solo owner of a business has his own resources. By adding a partner - the partnership now doubles its resources. If a bank just takes in money and loans money out that bank is using its resources for hopefully a profit. If that bank partners with a credit card company, that bank now reaps the benefots of expanded markets and more profit and income. Partnerships are about doubling, and stacking resources of all kinds, legal - marketing channels, expanded distribution, removal of barrier of entry into new markets in some cases. These are just examples. Another similar examole is Susie has a dog walking business and partners with a dog groomer business, they both will expand resources and potentially become more profitable.
8 0
3 years ago
Mr. elliot visits a local candy store and purchases 4.50 pounds of licorice at $4.47 a pound. what is the total cost of his cand
IrinaK [193]
To determine the total amount that Mr. Elliot will have to pay for the purchased candy from the candy store, all that needs to be done is to multiply the weight of the candy in pounds by the price per pound. That is,

              total cost = (4.50 lbs)($4.47/lb)
               total cost = $20.115

If we are to round the answer to the nearest cent, it would be $20.2

Thus, the answer is $20.2. 
6 0
3 years ago
Read 2 more answers
To complete your last year in business school and then go through law school, you will need $10,000 per year for 4 years, starti
zysi [14]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

To complete your last year in business school and then go through law school, you will need $10,000 per year for 4 years, starting next year.

The deposit pays 7 percent interest.

Final value= $40,000

To calculate the amount of money necessary we need to use the following formula:

PV= FV/(1+i)^n

PV= 40,000/ (1.07)= $37,383.18

First withdrawal= 10,000

Account= 40,000 - 10,000= $30,000

3 0
3 years ago
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