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
lapo4ka [179]
3 years ago
9

6. What are the three basic types business organizations? *

Business
1 answer:
defon3 years ago
6 0

Answer:

4.Sole Proprietorships, Partnership and Corporation

Explanation:

A sole proprietorship is probably the most popular form of business ownership. It a business owned by a single individual.  A sole proprietorship is simple to establish and operate. The owner does not require to consult anyone when making decisions. A sole proprietorship enjoys single layers of taxation, although the owner has unlimited liability to the business's debts.

When two or more friends or acquaintances combine efforts to create a business, they form a partnership. The partnership business is guided by agreements contained in the partnership deed. The agreement dictates each partner's role, the formula for sharing profits and losses, among other items. The income of a partnership is treated as the partners' income for taxation purposes.

A corporation is a complex business structure. Legally, a   corporation is recognized as a distinct and separate entity from its owners. A corporation is a legal person with rights to trade, enter into contracts, own properties, and incur debts. As a business, the corporation is expected to file income tax returns.  

You might be interested in
Which statement describes the word “iterative”?
IrinaVladis [17]

Answer:

D.

Explanation:

The word 'iterative' is derived from the Latin word 'iterare', which means 'to repeat.'

Iterative is a term used to define a process of repetition to attain the desired outcome. It is a repetitive process performed to improve or do better than before.

The statement that correctly defines the term 'iterative' is option D. The statement talks about working in cycles (repetition) to get a desired result of (refined product).

Therefore, option D is correct.

5 0
3 years ago
2.
Mama L [17]

Answer:

The correct answer to this IMPOSSIBLE question is the correct answer to this is the right one is B. I hOpE yOu EnJoY tHe ReSt Of YoUr DaY;)

6 0
3 years ago
Read 2 more answers
Unclearninglab.litmos.com
adell [148]

Answer:

Janine and Josh

Josh can advise Janine  of each of the following except:

Josh should tell Janine that she can only change her current plan to a 5-

star plan during the Annual Election Period.

Explanation:

The Special Election Period (SEP) for the 5-star Medicare Plan lasts one week, that is, between Nov. 30 and Dec. 8.  However, there is an Annual Enrollment Period (AEP) that lasts from October 15th to December 7th.  During the annual enrollment period, any plan holder can change her Medicare plan, depending on its availability in her area.

3 0
3 years ago
There are many organizational features that can change the direction of the company. Some of these include processes, politics,
mel-nik [20]

Answer:

environmental

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

In Business management, the five (5) main organizational features which are capable of changing the direction of a company or business firm are classified as;

I. Culture.

II. Processes.

III. Politics.

IV. Environmental.

V. Structure.

Generally, it is expected that managers understand how the aforementioned organizational features can influence their business so as to build and use informations systems (IS) to drive the business successfully.

The internal and external elements such as government, competitors, customers, and suppliers that affect various parts of an organization are examples of environmental organizational feature.

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.

On the other hand, external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.

5 0
3 years ago
Adidas Corporation bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 3,600 unit
meriva

Answer:

The cash disbursements for selling and administrative expenses should be $45,520

Explanation:

The selling and administrative (S&A) expenses have two parts: a variable one and a fixed one.

  • The variable part depends on how many units have been sold. So, if the variable S&A expense per unit is $4.1, and 3,600 units are planned to be sold, the total variable S&A expense should be 3,600 * 4.1 = 14,760
  • The fixed part does not depend on the units sold. It remains the same no matter how many units have been sold. Yet, it includes depreciation of $5,100. The depreciation does not represent an exit of money. It isn't part of the cash flow. So, the total fixed S&A expenses should be 35,860 - 5,100 = 30,760
  • Finally, the total S&A expenses should be 14,760 + 30,760 = 45,520
5 0
3 years ago
Other questions:
  • Swifty Company reports the following operating results for the month of August: sales $315,000 (units 5,000); variable costs $21
    9·1 answer
  • Assuming that data mining techniques are to be used in the following cases, identify whether the task required is supervised or
    6·1 answer
  • What are the types of information salespeople need to prepare for sales dialogue?
    5·1 answer
  • Small athletic shoe manufacturers such as Vans have targeted niche markets and made shoes designed to satisfy the needs of diffe
    14·2 answers
  • Dirk opened up a savings account with $600. at a yearly interest rate of 5 percent that is compounded monthly, how much interest
    10·1 answer
  • A company that formerly produced software went out of business because too many potentialcustomers bought illegally-produced cop
    14·1 answer
  • A BUYER IS PURCHASING A HOME AND HAS ORDERED A HOME INSPECTION AND A A TERMITE INSPECTION. WHAT SHOULD THE BUYER ORDER TO PROTEC
    8·1 answer
  • hen considering whether a holder took the negotiable instrument in good faith, the court looks only at the
    7·2 answers
  • Marigold Corp. sold goods with a total selling price of $809,700 during the year. It purchased goods for $390,100 and had beginn
    12·1 answer
  • _____ is a process in which managers and employees at all levels set objectives for what they are to accomplish
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!