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SCORPION-xisa [38]
3 years ago
9

Describe the organizational forms a company might have as it evolves from a start-up to a major corporation. List the advantages

and disadvantages of each form.
Business
2 answers:
Keith_Richards [23]3 years ago
8 0
<h2>The following are the organizational forms a company might have as it evolves from a start-up to a major corporation and the advantages and disadvantages of each form. </h2>

  • A sole proprietorship: Advantage: Single ownership and concentrated decision making authority; Disadvantage: Risk of permanent bankruptcy.
  • Partnership: Advantage: Shared responsibilities; Disadvantage: Conflicts over financial issues.
  • Corporation: Advantage: Multiple investors; Disadvantage: Large shares in profit.
  • Multinational company: Advantage: Large network; Disadvantage: Increased operational costs.
Cloud [144]3 years ago
7 0

Answer:

A sole proprietorship: Advantage: Single ownership and concentrated decision making authority; Disadvantage: Risk of permanent bankruptcy.

Partnership: Advantage: Shared responsibilities; Disadvantage: Conflicts over financial issues.

Corporation: Advantage: Multiple investors; Disadvantage: Large shares in profit.

Multinational company: Advantage: Large network; Disadvantage: Increased operational costs.

Explanation:

You might be interested in
Teams have better communication than other workers because they get to ______. a. Know each other better b. Attend communication
svp [43]

Answer:

a. Know each other better

Explanation:

A team refers to a group of people or set of individuals possessing various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, a worker that is working in a team is usually privileged to interact with the other members of the team and as a result, this enhances performance and strengthen the level of relationship they share.

Hence, teams have better communication than other workers because they get to know each other better in the course of brainstorming, interaction and sharing of ideas while trying to accomplish a common goal or execute a project (task).

6 0
3 years ago
Read 2 more answers
Name the different levels of courts and describe their powers?
harkovskaia [24]

A trial court hears witnesses testify and examines other information presented to prove the alleged facts and render a legal decision. An appellate court is concerned with the application of law in the decision of a lower court and may affirm, reverse, amend, or remand the decision of a lower court.

4 0
3 years ago
Molave Furniture Company plans to launch a new website. Lila, the company's CIO, thinks that the company can better reach its cu
Kisachek [45]

Answer:

<u>e-commerce</u>.

Explanation:

When Molave ​​Furniture Company wants to launch a new website to customize the ability for customers to shop online and thereby increase sales, it is an e-commerce promotion strategy.

In order for Lila to be able to effectively promote e-commerce, it is essential that the focus is on optimizing the customer experience, the site must be easily accessible, as well as a logistics service that ensures agility in receiving goods, as well as a efficient after sales service to answer questions and resolve purchase related issues.

4 0
3 years ago
Jefferson Tech Corp., a technology firm, has an internal search engine that helps employees find answers to queries. The search
Nimfa-mama [501]

Answer:

processing costs

Explanation:

Based on the information provided within the question it can be said that the cost incurred by Jefferson Tech Corp. is an example of processing costs. This term refers to the direct costs allocated to tools that allow the company to continue it's operations in an efficient manner. Therefore maintenance of the data management system (which is essential) are considered as processing costs.

7 0
3 years ago
How much should you contribute to the retirement account each pay period to take full advantage of the company match
Varvara68 [4.7K]

d) $16.92

Each paycheck is $22,000/26 times per year = $846.15

Your company will match up to 2% of this. .02*$846.15= $16.92

You should contribute this amount each pay period in order to take full advantage of the "company match" because your company will add that much money into your retirement account on top of what you pay in.

3 0
3 years ago
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