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
Novay_Z [31]
3 years ago
10

When Russell turned 21-years-old, his father gave him a management position at the family's hardware store. He explained to Russ

ell that his family had owned and operated this store for five generations, and that someday, he would be able to pass it on to his children. He made Russell promise that he would never sell the company or any of its stock or hire managers from outside the family. This business is a_____
Business
1 answer:
kompoz [17]3 years ago
5 0

Answer: This business is a Private Corporation.

Explanation: As the name implies, a private corporation is an organization that is privately owned. Private corporations are capable of issuing stock and having shareholders, but their shares do not trade on public exchanges.

We can see that the company that is described in the scenario above possesses the attributes mentions in the definition.

The company is private because it has been in the family for five generations, also, the managers in the business are hired from within the family.

You might be interested in
If all firms expect greater demand for their products or services, they will hire _____ resources like labor and capital and the
nexus9112 [7]

Answer: more, growth

Explanation:

If all firms expect greater demand for their products or services, they will hire more resources like labor and capital and the economy will experience growth.

For an economy to grow, human capital, labor force, and technology can not be exempted. The quality of the materials used also plays a vital role as well. Once all these are in place, then the economy while start experiencing turn around.

6 0
3 years ago
Day 2: Whoever says the craziest comment you can have (brainlyest) and you get free points :) good luck
MissTica

Answer:

If the movie 'Finding Nemo' were scientifically accurate, Nemo's dad would have become female after Nemo's mom died. Then he would have mated with his son.

Explanation:

6 0
2 years ago
Read 2 more answers
Which of the following is true about development? Group of answer choices It involves the movement, over generations, of the bul
leonid [27]

Answer: It involves the movement, over generations, of the bulk of jobs from agriculture to manufacturing and service industries

Explanation:

Development involves the movement, over generations, of the bulk of jobs from agriculture to manufacturing and service industries. Technology is also influenced by technological change.

The least developed countries have most of their populations employed in the primary sector like agriculture and haven't completed the transition from manufacturing to services and have not yet entered the information age.

5 0
3 years ago
ANSWER ASAP
natka813 [3]

Answer: The correct answer is Account A.

Explanation: The best type of account for Kylie is checking account A for three different reasons.

1. She has the $500 minimum balance to open the account.

2. She plans on using her bank’s ATM to make deposits and withdrawals, which are free for this account.

3. Kylie sometimes over draws her account, and Account A offers overdraft protection.

8 0
3 years ago
Read 2 more answers
You are considering a project and are concerned about the reliability of the cash flow forecasts. To reduce any potentially harm
Nuetrik [128]

Answer: A. Lowering the degree of operating leverage.

Explanation:

The degree of operating leverage measure how much the earnings from a project will change as a result of sales.

If you are worried about the cash flow forecasts, it would be best to lower the operating leverage so as to reduce the forecasting error associated with the project. If the operating leverage is high then a small change in sales could impact income in a relatively huge way. By reducing the DOL, the cashflow from the project is easier to forecast and therefore more reliable.

8 0
3 years ago
Other questions:
  • A decline in the real GDP that occurs for at least two or more quarters is called a _______. a. recession c. recovery b. depress
    13·1 answer
  • The opportunity to gain a foothold in the snack cracker industry had just been found. Britney Marr, an account executive manager
    15·1 answer
  • Shangrilah Sandals is a manufacturing firm in a developing country, where it routinely uses grease payments to local officials t
    15·1 answer
  • With respect to competitive advantages, many see __________ as the most important asset that an organization can possess, as it
    6·1 answer
  • 1)Foreign Direct Investment is the ________ approach that a business can reach the global market. a.least risky b. fastest c.eas
    7·1 answer
  • An accountant who blows the whistle on financial wrongdoing by his/her employer by going outside the entity violates:
    14·1 answer
  • The combination of media, Internet, entertainment, and phone services into a single device illustrates the principal of
    7·1 answer
  • Which of the following is a person who authorized an agent to act on his or her behalf ​
    13·1 answer
  • As a CEO, you are concerned that your firm and the industry in your country are being devastated by foreign imports. Trade lawye
    12·1 answer
  • epper Department store allocates its service department expenses to its various operating (sales) departments. The following dat
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!