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3 years ago

What are the three legal forms of business organization? What are the advantages and disadvantages of each one

Business

1 answer:

Vitek1552 [10]3 years ago

7 0

Answer:

There are three basic forms of business ownership: sole proprietorship, partnership and corporation. Each of these forms of business organization has advantages and disadvantages in such areas as setting up the company, paying taxes and assessing liability for business debts.

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Hope Springs makes the bottles of water, puts them into storage, and fills orders as they come in from inventory. This is an exa

svlad2 [7]

The type of supply-chain strategy uses by Hope Spring to fills orders as they come in from inventory is called the pull supply-chain strategy.

The pull supply strategy is a manufacturing strategy that is influenced by consumer's demand because the demand are used to decide the level of procurement, production and distribution of product.

This strategy is very effective to prevent against wastage or over-production since the level of demand for the product determine the level of producing such product.

Therefore, in conclusion, the example of this is known as Pull supply-chain strategy.

Learn more about this here

<em>brainly.com/question/17830486</em>

3 0

3 years ago

Assume that currently banks pay 2% interest on money that customers deposit in savings accounts. As the overall amount of money

postnew [5]

Answer:

The supply of savings increases.

Explanation:

We know that the supply of loanable funds is dependent upon the amount of deposits in the savings account. Supply curve of loanable funds represents the direct relationship between the quantity supplied and the interest rate. It is a upward sloping curve which indicates that an increase in the interest rate will lead to increase the quantity supply of loanable funds.

There is a change in the supply of loanable funds if there is any change in the savings behavior of the customers. If the savings of the customers increases then as a result the supply of savings also increases.

3 0

3 years ago

The world economy is dominated by a. transnational corporations. b. privately owned businesses. c. governmental control of most

Bingel [31]

Answer:

"A" options is correct

Explanation:

Transnational organizations actually controls the world economy. These are the organizations that function in multiple countries and have assets and manufacturing plants in multiple countries. They controls the flow of money and they are biggest buyers and sellers in market like Unilever and Microsoft. They are giants that control economies of multiple countries. Because they are actually investing in multiple countries. so the flow of money in and out of that country is majorly controlled by these organizations.

6 0

3 years ago

To allocate means to _____ . give away for free use up distribute

myrzilka [38]

The answer is distribute

7 0

3 years ago

Read 2 more answers

Mauro Products distributes a single product, a woven basket whose selling price is $16 per unit and whose variable expense is $1

Burka [1]

Answer:

1. 2,500 units

2. $40,000

3. Revised Unit Sales - 2,650 units & Revised dollar sales - $42,400

Explanation:

Break even Point : The break even point is that point in which the firm has no profit or no loss or we can say that total revenue is equal to total expenditure.

1. Computation of break-even point in unit sales:

Break even point in unit sales = Fixed cost ÷ (Sales per unit - variable cost per unit)

= $10,000 ÷ ($16 - $12)

= 2,500 units

where, contribution = Sales per unit - variable cost per unit

Thus, the break-even point in unit sales is 2,500 units.

2. Calculation of break-even point in dollar sales :

The formula is shown below:

= Fixed cost ÷ Profit volume ratio

where, Profit volume ratio = (Contribution ÷ Sales) × 100

= ($4 ÷ $16) × 100

= 25%

So, Break even point in dollar sales = $10,000 ÷ 25%

= $40,000

Thus, the Break even point in dollar sales is $40,000

3. Calculation of new break-even point in unit sales is shown below:

Revised Fixed cost = $10,000 +$600 = $10,600

And, contribution is same.

So, new break-even point in unit sales = Fixed cost ÷ Contribution per unit

= $10,600 ÷ $4

= 2,650 units

Thus, new break-even point in unit sales is 2,650 units.

By applying the formula, the calculation of new break-even point in dollar sales is shown below:

New break-even point (BEP) in dollar sales = Fixed cost ÷ Profit volume ratio

Since, the Profit volume ratio remains same.

So, break-even point (BEP) in dollar sales = $10600 ÷ 25%

= $42,400

Hence, New break-even point (BEP) in dollar sales is $42,400

5 0

3 years ago