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Sati [7]
3 years ago
12

What is the chief disadvantage of the sole proprietorship as a form of business organization when compared to the corporate​ for

m?
Business
1 answer:
Yuri [45]3 years ago
4 0

Answer:

The correct answer is unlimited liability for personal assets.

Explanation:

Both terms can be described as follows:  

Sole Proprietorship: This type of business has only one owner of the firm and he is totally responsible for any liability or loss. Liability can be recovered by acquiring the personal assets of the owner.

Corporation: This type of business can have a number of shareholders and each shareholder has limited liability for any loss in the company. in the case of any loss, the money he invested in the company can be acquired and there is no threat to his personal assets.  

Hence, the chief disadvantage of a sole proprietorship is unlimited liability for personal assets.

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OKRs can be executed in stages. The first stage would be keyed to a deadline and then then once the project is completed and run
DerKrebs [107]

Answer:

b) false

Explanation:

OKR is a goal-setting method used by companies. It is impleemented using following steps

  • Communicate the OKR
  • Choose a tool used for OKR
  • Organize the Company's OKR
  • Set the company's OKR
  • Set every single OKR for teams, departments and Individuals
  • Make the changes in OKR if required
  • Approve the OKR
  • Evaluate the OKR at each period end.

So, the OKR cannot be implemented in a single step and it requires multiple steps.

Hence the given statement is false.

4 0
3 years ago
____, or providing information supporting their policy positions to legislators, is a visible role played by interest groups. in
Eva8 [605]
Lobbying or providing information supporting their policy positions to legislators, is a visible role played by interest groups. 
Lobbying are efforts that are directed primarily at the national level; committees of Congress that consider legislation, and executive departments. Those involved depend on their personal relationship with members of Congress and the executive branch, which are based on keeping in regular contract. 
8 0
3 years ago
The phase of the Technology Product Development Cycle that describes key technology that has been integrated into many products
Serga [27]
I believe the correct answer from the choices listed above is option B. <span>The phase of the Technology Product Development Cycle that describes key technology that has been integrated into many products is the mature phase. Hope this answers the question.</span>
4 0
3 years ago
Read 2 more answers
22. Akshay worked at a cafe while he was a college senior in Boston,
Nostrana [21]

Answer: The answer is C

Explanation: I got this correct on a test

7 0
2 years ago
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Fast Auto Service provides oil and lube service for cars. It is known that the mean time taken for oil and lube service at this
shtirl [24]

Answer: 19.93 minutes

Explanation:

This is the complete question

Fast Auto Service provides oil and lube service for cars. It is known that the mean time taken for oil and lube service at this garage is 15 minutes per car and the standard deviation is 2.4 minutes. The management wants to promote the business by guaranteeing a maximum waiting time for its customers. If a customer's car is not serviced within that period, the customer will receive a 50% discount on the charges. The company wants to limit this discount to at most 2% of the customers. What should the maximum guaranteed waiting time be? Assume that the times taken for oil and lube service for all cars have a normal distribution

The solution is attached below

3 0
3 years ago
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