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
VashaNatasha [74]
2 years ago
9

Why do large corporations want to become more like small businesses?

Business
2 answers:
Blababa [14]2 years ago
8 0
Small businesses are more nimble than larger businesses, and are better able to adapt as market conditions change. Because a small business is closer to its customers, it is in a better position to hear feedback and observe changing preferences.
notsponge [240]2 years ago
3 0

Answer:

Many large corporations want to become more like small businesses because they want to make their firm more flexible, resourceful, innovative, and competitive. ... For businesses based off the internet, they are able to adapt to market changes quickly.

You might be interested in
Aluminum maker Alcoa has a beta of about 1.85​, whereas Hormel Foods has a beta of 0.39. If the expected excess return of the ma
Nady [450]

Answer and Explanation:

The computation is shown below:

As we know that

According to the Capital Asset Pricing Model (CAPM) formula

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

And, the market rate of return - Risk-free rate of return is also known as the market risk premium

As we can see that the Alcoa contains high beta as compared to Hormel Foods so the Alcoa has a higher equity cost of capital

And, the higher rate is

= (Excess return of the market) × (Alcoa beta - Hormel foods beta)

= (3%) × (1.85 - 0.39)

= 3% × 1.46

= 4.38%

8 0
3 years ago
Angela has an annual contract with Stenbach Service Centre to provide property maintenance services; this includes lawn care, sn
timurjin [86]

Answer:

Angela and Stenbach Service Centre

Contract for Service and Contract of Service:

1. Angela has a contract for service.

2. Factors used to decide whether a contract is for service or of service:

a) Employment terms are slightly different from business contract terms.

b) Employees are paid Wages and Salaries, while contractors are paid fees.

c) Employees do not submit monthly invoices for payment, but contractors do.

d) Angela fills tax forms for herself and remits the taxes, so she is self-accounting with respect to her income taxes, unless withholding taxes like Sales taxes.  An employee's income tax is deducted from her salary before payment and the company remits the taxes to the IRS.

Explanation:

The agreement between Angela, a self-employed individual, and Stenbach Service Centre is a contract for service.   A contract of service is an employment contract between Stenbach Service Centre, the employer, and the Payables Supervisor, an employee, for example.  Essentially, Angela can be described as an outsourcer for services vendor or service provider to Stenbach Service Centre, an outsourcer of service company.  Angela is engaged for a fee to carry out property maintenance services, including lawn care, snow removal, and parking lot maintenance.  She is an independent contractor with Stenbach.  She does not need to work on any day and she can subcontract her work by hiring others to help her discharge the service.  An employee, like Chris, cannot hire another person to discharge his responsibilities and must work on designed days.

Another important difference is that Angela submits monthly invoices for actual work done.  An employee does not have to submit an invoice in order to be paid for work done.  Angela's invoices will not be of the same amount from one month to the other, unlike Chris' whose salary pay sheet may be static in amount from month to month.  

5 0
2 years ago
A company has set a low price on a new product it introduced. It wants to maximize its market share and attract a large number o
KATRIN_1 [288]

Answer:

A. Market-penetration pricing

6 0
2 years ago
Read 2 more answers
Carolyn owns a small business that designs air conditioning units for large buildings. A construction company that's building an
guajiro [1.7K]

Carolyn should contact them and offer her services on the job, furthermore she should set a meeting to discuss the specifics of the project.

8 0
2 years ago
Read 2 more answers
When looking for a car to buy, what can you learn from classified ads?
Luden [163]
The cost of car, year, make, model, mileage
4 0
3 years ago
Other questions:
  • Your team has recently experienced some difficulties and setbacks. some of your teammates have expressed their lack of confidenc
    13·1 answer
  • Raycom Construction needs heavy-duty equipment to install a new pipeline in northern Alaska. Raycom's engineers have been asked
    11·1 answer
  • What is the difference between monetary policy and fiscal policy
    11·1 answer
  • So im 12 yrs old and i have been asked to babysit my neighbors two boys for 4 hours 5 days a week ( one 4 one 2 yrs old) since i
    15·1 answer
  • What should the driver do if he sees a steady yellow x over the lane that he driving in
    8·1 answer
  • Coronado Industries began the year 2022 with retained earnings of $661000. During the year, the company sold additional shares o
    14·1 answer
  • Three ways a business can promote products and services and describe the strengths and weaknesses
    5·1 answer
  • Three years ago, Charles purchased a health policy from the QRS Company; he has purchased two additional contracts from the same
    10·1 answer
  • 4.3. Identify THREE benefits that could inspire one to avoid being unemployed after graduating (3x2) (6)​
    10·1 answer
  • From a value chain perspective, _____ are the actions a firm takes to directly provide a product or service to customers, wherea
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!