Answer:
Legal
Explanation:
A corporation is a business that is owned by shareholders. The corporation is a separate legal entity and so it can sue and be sued, pay taxes and own assets.
Advantages of a corporation include :
- they have unlimited liabilities
- they have unlimited life. the business doesn't end even after the death of the owners unlike a sole proprietorship
- they have more access to capital
Disadvantages of a corporation include :
high cost of setting up
Earnings to shareholders are taxed twice
Answer:
10%
Explanation:
if you do 10% off of 90$ you get 81$
Answer:
Export led growth
Explanation:
Export led growth
Export led growth is a business strategy used by developing countries in order to export goods that selling consist of major advantages to economy.
Export led growth is sometimes defined as export led industrialization that aim to expand industrialization process not in same country but in foreign country too.
The countries that inherit the export led growth are Singapore, china, Vietnam etc. They have high trade-GDP ratio which evaluate total trade value with respect to GDP.
Answer: Only change the Aggregate Price Level
Explanation: In the Classical model, the Long-run level of output remains unchanged at the full employment level. So, any change in the Aggregate demand or Aggregate supply without any change in the long-run supply will only lead to a change in the aggregate price level in the economy.
Answer:
The distribution channels are the different entities involved in the business structure and marketing of a product. Its main objective is to ensure that the product is transferred from the factory to the final consumer.
Explanation:
The distribution channels can be classified into:
Consumer goods channels
They are divided into:
Direct channel
It goes from producer to consumer. It is the simplest that exists to distribute consumer goods, as it does not involve intermediaries. Examples: Avon and Amway
Retail Channel
The distribution follows the following scheme: producer-retailer-consumer. It includes all the large supermarket chains and stores. It is the most visible channel for the consumer. Examples: Wal-Mart stores, frequent cars, gas stations.
Wholesale channel
The distribution follows according to the scheme: producer-wholesaler-retailer-consumer. The distribution of medicinal and food products is done using this channel. The goods that are in great demand are distributed through these channels. Examples: travel agencies, small shops in the villages.
Agent/Broker Channel
Follow the following scheme: producer-agent-retailer-consumer. Producers prefer to incorporate intermediary agents to get their products to the retail market. The products are sold to large retail companies. Examples: distribution chains of perishable food and oil.
Double channel
The sale of the product to the consumer is done following the scheme: manufacturer-agent/intermediary-wholesaler-retailer-consumer. Sometimes manufacturers use intermediary agents. These employ wholesalers who sell to large chain stores or small stores. Examples: market franchises and exclusive importers.