1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ainat [17]
3 years ago
7

Proprietorships are by far the most common type of business, yet they account for a very small percentage of all sales compared

to corporations. Why is this?
Help please >.< Thanks ^^
Business
1 answer:
DerKrebs [107]3 years ago
4 0

Answer:

Mostly because of the <u>scope and influence of big corporations</u>. Although it is easy to start a proprietorship, it is known that revenue will always be limited for that kind of enterprise.

A proprietorship is synonymous with a single person running the company. Usually, small grocery shops, studios, mom-and-pop stores are examples of proprietorship. They will never account for revenue that is even similar to that of a well-known corporation.

Why? Corporations have an advantage over numerous factors:

- bigger<em> budget</em> for investments and various improvements

- <em>omnipresence</em> - Usually, corporations have branches all over the world, reaching out to more customers.

- brand image - This is due to the previous factor. Customers may find corporations and chains more trustworthy, as their grasp of business and operations is huge.

You might be interested in
what is a patent registration, design registration, NDA( non disclosure agreement, and a trademark registration
nata0808 [166]

Answer:

find all answers in the explanation below

Explanation:

Patent Registration: This can be defined as the registration of the protection an invention to ensure that no one can make a copy of the said invention elsewhere. A patent registration is usually done after obtaining a patent right. A patent is the protection of an invention or idea to ensure that it is not produced or sold, etc by another individual. Patents are usually issued by the Patent and Trademark Office

Design Registration: This is the registration of a design such that it cannot be used elsewhere by another person. The registration of a design helps to protect the external look of an invention or product to ensure it is unusable anywhere else.

Non disclosure agreement: This is a legal contract that exists between two parties in which confidential messages, information, etc exchanged between them cannot be revealed to a third party. A non disclosure agreement is also called a confidential agreement or secrecy agreement or confidential disclosure agreement, etc among other names.

Trademark Registration: This can be defined as the registration of the protection of a company's mode of identity with its customers. Trademarks range from signs to symbols, to words, etc.

Cheers.  

8 0
3 years ago
Your plan to enter a career is an example of a (an)
Vesnalui [34]
Plan or devotion in life, it is an influence to what you want to do :)
8 0
3 years ago
Read 2 more answers
Which of the following statements abouot the declaration and payment of cash dividends is correct?
padilas [110]

Answer: C. Declaration and payment of cash dividends will reduce the amount of cash available to invest in assets.

Explanation:

When a company pays out Dividends it gives out money to it's shareholders and this has the effect of decreasing the cash balance that the company has.

This is cash that could have gone into investing and expanding the business but instead has gone to shareholders. Dividends therefore reduce the money available for investments.

It is for this reason that Growth Companies do not pay much dividends as they keep reinvesting profits to increase capacity and this usually adds value to the company and increases their stock price within a shorter period of time.

6 0
2 years ago
Ming is a manager for a large foodservice company. She has the authority to determine whether or not the company should expand i
Alik [6]

Answer:

Strategic

Explanation:

If Ming is a manager for a large company and has the authority to determine whether or not the company should expand into new regions and/or expand the company's product line, Then the level of management that Ming represents is Strategic Management

Strategic management involves setting objectives, <u>analyzing the competitive environment</u>, analyzing the internal organization, evaluating strategies, and ensuring that management rolls out the strategies across the organization.

Business expansion decisions are taken by the highest level of management based on their analysis of the competitive environment

8 0
3 years ago
If workers and firms have rational expectations, they understand that ________ monetary policy will raise the inflation rate, so
Deffense [45]

Answer:

<u>expansionary; will be equal to</u>

Explanation:

<em>Remember</em>, monetary policies are basically divided into:

  1. expansionary monetary policy, and
  2. contractionary monetary policy.

Indeed, as the name implies, the expansionary monetary policy is meant to in a sense boost up economic growth in terms of reducing interest rates thereby theoretically increasing spending and also leading to an increase in the money supply. When there is an increase in the money supply, this thus leads to an increased inflation rate, which would be expected if workers and firms have rational expectations.

6 0
3 years ago
Other questions:
  • Witch is true about stock
    14·1 answer
  • The May bank statement for Accounting Services shows a balance of $6,300, but the balance per books shows a cash balance of $7,9
    5·2 answers
  • How do the characteristics of management decisions-uncertainty, risk, conflict, and lack of structure- affect the decision facin
    13·1 answer
  • A production department's output for the most recent month consisted of 18,000 units completed and transferred to the next stage
    15·1 answer
  • Lake Corporation is considering the elimination of one of its segments. The segment incurs the following fixed costs. If the seg
    15·1 answer
  • On January 1, 2018, Olympic Insurance Company granted 30,000 stock options to certain executives. The options are exercisable no
    9·1 answer
  • David Harbert recently started a business. During the first few days of operation, Mr. Harbert transferred cash from his persona
    8·1 answer
  • The stock price of Atlantis Corp. is $43 today. The risk-free rate of return is 10%, and Atlantis Corp. pays no dividends. A cal
    13·1 answer
  • The 2008 balance sheet of Maria's Tennis Shop, Inc., showed $2.9 million in long-term debt, $770,000 in the common stock account
    15·1 answer
  • Management generally resists allowing employees to manage their own workflow because it decreases their motiviation. please sele
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!