Had this question before, it's the subject line.
Answer:
A. Private corporation.
Explanation:
Private corporation: It is type of business corporation which is privately owned by individual or company or group of small invenstor and the motive these company is to earn profit. The stocks of these companies are not freely traded in the open market, however, ownership of these company remain with few individuals, who might be closelt related or family member. The operation of these company will remain same as a regular corporation.
In the given case, Hardware store was privetly owned by Russell´s family and they don´t hire manager from outside, neither they sell it to any outsider. Therefore, this business is an private corporations.
Mark recently started a small consulting firm. He is drafting a detailed written statement that describes the nature of the business, the target market, the advantages the business will have over competition, and the resources and qualifications of the owner(s). Mark is writing a business plan.
A business plan is a written document that describes in great depth the goals and objectives of a company. A business plan outlines a documented strategy for the company's operations, finances, and marketing. Business plans are used by both new and established businesses.
A business plan is a formal written document that outlines the objectives of the company, how they will be reached, and when they will be accomplished.
Learn more about business plan here brainly.com/question/1958071
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