What are some disadvantages of the corporation form of business ownership?.
Answers
While the corporation form of business ownership offers several advantages, it also has certain disadvantages that should be considered. Here are some common disadvantages of the corporation form:
1. Complex and costly setup: Establishing a corporation involves significant legal and administrative processes. It requires compliance with various regulations, such as filing articles of incorporation, drafting bylaws, and issuing stock. These processes can be time-consuming and expensive, especially for small businesses or startups.
2. Double taxation: One major drawback of the corporation form is the issue of double taxation. Corporations are subject to corporate income tax on their profits. Additionally, when dividends are distributed to shareholders, they are subject to individual income tax. This means that corporate earnings are taxed twice, reducing the overall profitability of the business.
3. Increased regulations and compliance: Corporations face extensive regulations and compliance requirements imposed by government authorities. They must adhere to reporting and disclosure obligations, maintain accurate financial records, and comply with various corporate governance rules. These regulatory obligations can be burdensome and may require the assistance of legal and accounting professionals.
4. Lack of personal control: In a corporation, ownership and control are typically separate. Shareholders elect a board of directors who oversee the company's operations and make key decisions. As a result, individual shareholders may have limited control over the day-to-day management of the business. This can be a disadvantage for those who prefer more direct involvement or have specific visions for the company.
5. Potential for conflicts of interest: In larger corporations, conflicts of interest can arise between shareholders, board members, and executives. Conflicting objectives, power struggles, and differing interests can lead to disagreements and hinder effective decision-making. Resolving such conflicts can be time-consuming and may impact the overall functioning of the corporation.
6. Public scrutiny and accountability: Unlike other forms of business ownership, corporations are subject to higher levels of public scrutiny. They are required to disclose financial information, executive compensation, and other pertinent details to shareholders, regulatory bodies, and the public. This transparency can make corporations more vulnerable to criticism and public pressure.
It's important to note that the disadvantages of the corporation form may vary depending on the size and nature of the business. Before choosing this form of ownership, it's advisable to carefully weigh the advantages and disadvantages, considering the specific needs and goals of the business. Consulting with legal and financial professionals can also provide valuable insights into the implications of forming a corporation.
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Related Questions
You are choosing the color scheme for a Web page. Which color is considered the color of extremes and is used to capture attention, and to indicate danger and anger? A: Green B:Red C: yellow D: purple thank you<3
Answers
Answer:
Red
Explanation:u
Red is the color of extremes. It's the color of passionate love, seduction, violence, danger, anger, and adventure.
The red color is associated with the extremes and is used to attract attention, as well as to symbolize danger and wrath, and this is the color scheme of the web page.
What is a web page?A web page is a simple document that a browser may display.
HTML is the language used to create such documents (which we look into in more detail in other articles).
A web page can contain a number of resources, such as style information, which controls the look and feel of the page.
The red color represents the extremes. This color is connected with passionate love, seduction, aggression, danger, rage, and adventure.
Therefore, option B is correct.
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How many local restaurants does mcdonalds have and how many people are served there on a daily basis?.
Answers
Mcdonald's has approximately 33,000 local restaurants and on a daily basis serves 68,000,000 people.
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUwhat are the ‘three biggies’ in terms of evaluating the us economy?
Answers
Adam Smith (1723-1790), David Ricardo (1772-1823)and Alfred Marshall were the ‘three biggies’ in terms of evaluating the us economy
The United States us economy has a varied economy. It has an economic structure that blends aspects of capitalism and socialism. A mixed economy allows for some protection of private property and some economic flexibility in the use of capital, but it also allows for government intervention in the economy to advance social goals and the general welfare. The American government has always been concerned about the economy of the nation. Throughout its existence, a wide range of services began to come under the direct or indirect control of the public sector.
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what are some corrective actions (or recommendations) to strengthen Louis Vuitton’s business? provide a brief justification (or an evidence) to support your explanation (long answer)
Answers
Answer:
Louis Vuitton (LV) had the prolific year 2014 because it continued to grow, despite changes in its market environment. The company has been responsive in its strategies and has maintained a long-term future (LVMH 4). Nevertheless, the company continues to face competitive challenges in the luxury product market. It faces the challenge of sustaining its performance amid the growing difficulties in penetrating new markets and the improvement in the activities by rivals to target its dominant market segment. The company follows a differentiation strategy.
The overall strategies are taken by LV also lead to changes in the parent company, as LV is the main revenue contributor to the LVMH group. The company has to sell to three main customer segments without jeopardizing its reputation in any of them. The segments are absolute, aspirational, and accessible. The absolute segment is very critical of customer care, product quality, and overall brand reputation. It also has the widest variation in preferences in the main global markets of LV. Besides, it has a substantial demand that has forced LV to reconsider many of its decisions that could have affected its performance in this segment. The aspirational segment has mixed characteristics while the accessible segment is less critical to brands and, therefore, most prone to sway to the competition. All the customer segments are collectively influenced by a great brand and product innovation strategy that LV has been exploring in the past few years (LVMH 34-56). The European monetary problems are easing, which should present a good environment for growth in the market (LVMH 5).
Social
The company has relied on leaders brought in by its parent company LVMH. It has also relaxed its use of in-house production resources in the past to focus on outsourcing (LVMH 54-55). However, the decision was reversed to save the company’s brand. Another problem is that the personal luxury business is growing in different directions in separate markets that LV serves. Its biggest market continues to be China, Europe, Japan, and the United States. Its Chinese market characteristics are different from those of Europe and Japan. However, the company has to meet the challenges of these markets without seeming to abandon any of its quality standards for customer service and product development. For example, it cannot discount products or follow noncompany-owned distribution models even when such strategies would significantly lead to a rise in revenues in the respective markets. These issues include a balance of the values and heritage of Louis Vuitton. The company has a 150-year reputation that it has to uphold while responding to the modern challenges of the business (Mahbubani 4).
Technological
The company has a limited product range, and the main products are more than a century old. The leather bag collection and the trunks with a five number combination lock have been in production since the late nineteenth century. They can rely on this technological reputation to defend their market share and appeal to the absolute and aspirational customer segments that are fixated on getting true luxury regarding uniqueness, heritage, quality, and visibility. The product line allows LV to claim that it is offering the most beautiful specimens of French manufacturing (Mahbubani 2). The exclusivity of the designs and their ruggedness are reputations that help the LV brand to sell to existing and new luxury customers. Customers get information and look up things or exchange views online, which is the way they shop. The behavior shapes the direction that LV is taking when differentiating its experience online. The company is building a following in social media channels to improve interaction with its brand. The digital platforms also use new forms of advertising to different niches like soccer fans (LVMH 11).
You want to paint your room yellow, so you get some samples at the paint store. when you hold the sample against your white wall, it looks different from the way it looks against the green curtain. a psychologist would attribute this to perceptual constancy. visual paradoxes. contrast effects. threshold differences.
Answers
Answer:
contrast effects
Explanation:
Contrast effects is a change of perception when we compare something with something else thereby noticing the difference between them. These comparisons can be color, price, taste.
Contrast effects can make a color appear darker when placed in a lighter background or that an item appear to be cheap when place after being shown a more expensive item. Contrast effects can either be positive or negative.
A positive Contrast effect is one that makes an item better than it is while a negative Contrast effect make an item worse than it is.
answer the question based on the accompanying list of factors that are related to the aggregate demand curve. which of the factors best explain the downward slope of aggregate demand curve?
Answers
The accompanying list of factors that are related to the aggregate demand curve. Prices of Imported Products of the factors best explain the downward slope of the aggregate demand curve.
In economics, the call for is the amount of awesome that purchasers are inclined to and capable of buying at diverse fees all through a given time. The courting among fees and amounts called for is likewise known as the call for the curve. Demand truly means consumers' preference to shop for items and offerings with no hesitation and pay the fee for them. In easy words, the call for is the range of products that the clients are geared up and inclined to shop for at numerous fees all through a given time frame. demand refers to the consumer's preference and willingness to shop for services or products at a given duration or over time. Consumers ought to additionally have the cap potential to pay for something they need or want as decided with the aid of using their disposable earnings budget.
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Is South Korea one of the fastest-growing Asian country
Answers
Answer:
yes, it is
Explanation:
It has one of the largest economies in the world
Discuss three examples of how managing expectations can be used
to prevent conflicts among work and nonwork relationships.
Answers
Managing expectations such as time management, communication and prioritizing are important to prevent conflicts among work and non-work relationships.
Time Management: Employees often feel conflicted when they don't have enough time to spend with their family and friends due to work commitments. Hence, managing expectations by setting realistic expectations for workloads and deadlines can help prevent conflicts between work and non-work relationships.
Communication: Good communication can prevent misunderstandings and conflict. Clearly communicate expectations with family members and friends, which can avoid conflict or disappointments. Similarly, setting clear expectations with co-workers and bosses can help prevent conflict and stress.
Prioritizing: Prioritizing helps individuals to manage their work and non-work relationships. It helps them to decide what is important and what can wait. Prioritizing allows individuals to manage their time better, which ultimately helps prevent conflicts among work and non-work relationships. Hence, managing expectations can be used as a tool to prevent conflicts and misunderstandings among work and non-work relationships.
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How many days does the pay stub cover?
Answers
Answer:
Pay stubs are usually an extent of 30 days which is a month.
can someone please help me i will mark the first person that gives me the help i am looking for the brainlyest
Answers
Answer:
you should have made the screen shot small so that they cant see your name
Explanation:
also these are links so i dont know how to help with this
dude please charge ur phone
Using at least three appropriate resources (one must be IBIS WORLD), you will provide an analysis of the real estate industry (an industry is a group of companies that aims to fulfill a group of customers’ need(s)). At a minimum, your report should address these questions and points:
Overview & history of the industry – brief, about one paragraph
What is the current state of the industry?
What are future prospects?
Using Porter’s 5 Forces, describe the competitive landscape. Who competes in the industry? Who buys from the industry? Who supplies?
What are the major concerns of the industry? What factors (internal/external) affect the industry? Identify at least three
What are the major segments of the market(s)?
Who works in the industry? This is a critical feature and can help provide a jumpstart to the project.
Formatting :
Use memo formatting.
Charts and graphs: Not required but you may use these as necessary (these will count toward the page maximum). Be sure to title these and to reference them within the paper (for example: The retention of MBA students may be found in Table 1.). If you are using existing charts/graphs, attribute (cite) them. Make sure these look professional – use a snipping tool.
Tone: neutral and professional. Note, you have NOT been asked to make recommendations about entering the market – this is a report.
Please do not quote your source but you must cite your source. Citations identify your source for the idea.
References & Citations: Use APA style. Your reference page will not count toward your page count. Use at least three credible sources, as you will be evaluated on the quality of your references. Here are references I suggest:
You must use IBIS World
Government or quasi-government sites such as the Bureau of Labor Statistics (BLS), Census, others
Industry publications
Headings: Use them. Headings help your reader know what they are reading - they provide a roadmap. Keep them short and descriptive. Don’t simply copy & paste the bullet points above. This document is an example of how you might use headings.
Bullet points are acceptable. This document could act as an example – be sure to include at least a little narrative.
Length: Maximum content of three pages, single spaced (not including references)
Answers
The real estate industry is a highly competitive and complex market that requires careful analysis and understanding of the competitive landscape. It employs various professionals such as real estate brokers, agents, property managers, appraisers, developers, architects, engineers, and construction workers.
The real estate industry is a group of companies that aims to fulfill a group of customers’ needs. It has been around for many centuries, and it continues to grow and expand globally. As of 2021, the global real estate market size was valued at $4,694.9 billion, and it is expected to reach $6,872.4 billion by 2028, growing at a CAGR of 5.2% from 2021 to 2028. The current state of the industry is good because it is growing at a good pace. The real estate industry is a complex and competitive market, and it is vital to understand the competitive landscape using Porter’s Five Forces model. The five forces are suppliers, buyers, new entrants, substitutes, and the level of rivalry. In terms of suppliers, the real estate industry has several suppliers such as building materials suppliers, construction companies, and service providers such as real estate agents and brokers. On the other hand, the buyers of the real estate industry are the people or companies that purchase or lease property. In terms of new entrants, the industry has a high barrier to entry due to the high cost of capital needed to invest in real estate. This barrier keeps new entrants away, reducing the threat of competition. The substitutes in the real estate industry are other investment vehicles such as stocks and bonds. The rivalry level in the industry is also high due to the large number of players, both small and large, in the market. The major concerns of the industry are regulatory compliance, changes in government policies, and fluctuations in the economy. Internal factors affecting the industry include market demand, availability of financing, and the availability of land. External factors affecting the industry include changes in the economy, population demographics, and interest rates. The major segments of the market(s) are residential, commercial, and industrial real estate. Residential real estate includes single-family homes, townhouses, and condominiums. Commercial real estate includes office buildings, retail spaces, hotels, and warehouses. Industrial real estate includes factories, distribution centers, and manufacturing plants.Learn more about the real estate industry here:
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You Would Like To Purchase A Car With A Negotiated Price Of $33,000, And The Dealer Offers Financing Over A 4 -Year Period At 6%.
Answers
When purchasing a car with a negotiated price of $33,000 and dealer financing over a 4-year period at 6%, there are a few factors to consider. Here are some important points to keep in mind:
Loan amount: The total amount of the loan will be $33,000, which includes the purchase price of the car plus any additional fees or taxes.
Interest rate: The interest rate on the loan is 6%, which means that you will be paying interest on the loan for the entire 4-year period.
Monthly payment: To calculate the monthly payment, you can use a loan calculator or the following formula: Payment = (P x r) / (1 - (1 + r)^-n), where P is the loan amount, r is the interest rate, and n is the number of payments. For a 4-year loan at 6%, the monthly payment would be $787.14.
Total cost: Over the 4-year period, you will pay a total of $37,889.65 for the car and financing. This includes the loan amount of $33,000 plus $4,889.65 in interest.
In conclusion, when purchasing a car with dealer financing over a 4-year period at 6%, the total cost of the car will be more than the negotiated price due to interest charges. It's important to calculate the monthly payment and total cost of the loan before making a decision, and to consider other factors such as down payment, trade-in value, and overall affordability.
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Jaiden is in 6th grade and plans to attend college. He has created a college preparation plan. 1. He will fill out the FAFSA form and send it in immediately. 2. He will ask his parents if they have a college savings account. 3. When he gets to high school, he will start trying harder in school so he can qualify for academic scholarships. 4. During his last year of high school, he will get involved in sports and clubs he enjoys to qualify for scholarships. 5. Upon graduation, he will start saving money for college. Which statements identify errors in Jaiden’s plan? Check all that apply. He should wait until his last year in high school to fill out the FAFSA. He should start saving right away. It is never too early to start a savings account. He should work hard throughout middle school and high school or it might be too difficult for him to excel later, since bad habits are hard to break. He should try different sports and clubs in middle school and early high school. Then he should pick his favorites and invest more time in them. While in high school, he should quit all extracurricular activities so he can work more hours and save money. He should ask all his friends and neighbors to contribute to his college fund so it will grow faster.
Answers
Answer:
-He should wait until his last year in high school to fill out the FAFSA.
-He should start saving right away. It is never too early to start a savings account.
-He should work hard throughout middle school and high school or it might be too difficult for him to excel later, since bad habits are hard to break.
-He should try different sports and clubs in middle school and early high school. Then he should pick his favorites and invest more time in them.
Explanation:
Answer:
1
4
5
I did the test and pretty sure i got it correct
Which of the following is filling the role of a consumer?
Answers
Answer:
A consumer is someone who buys things, like at a supermarket. Lets say someone purchased ice cream, they are a consumer. hope this helps!! :)
A consumer is someone who buys things, like at a supermarket. Lets say someone purchased ice cream, they are a consumer. The consumer likewise assumes a part in the criticism gathering process after an organization's contribution raises a ruckus around town.
What is role of a Consumer?A client is just a purchaser, while a consumer is the person who both purchases and uses the item or administration.
Consumers assume a significant part in promoting research before an item or administration is delivered to general society. When you distinguish your objective consumers, you can welcome these individuals to partake in center gatherings or send them overviews to test them on key components of your promoting plan.
Interrogating them concerning the right cost to charge and what advertising message requests to them as a consumer can assist with directing your whole arrangement, especially while delivering another item or administration.
Therefore Consumer administrations is certainly not an expense yet a speculation. At the point when the organizations can offer sufficient types of assistance to their consumers.
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Which is true of variable-rate loans?
O The rate can only go up.
O The rate can only go down.
O The rate can go up or down, depending upon the index it is tied too.
O The interest rate can fall below 0
Answers
Answer:
c is the answer
Explanation:
The statement true of variable-rate loans is The rate can go up or down, depending upon the index it is tied to. Thus the correct option is C.
What are variable-rate loans?Borrowing with a variable rate means that the interest rate will change over time in accordance with market conditions. It is predicated on a fundamental benchmark interest rate or index, which fluctuates often with the market.
Since their initial rates of interest are typically lower than those of fixed-rate loans, the rates and payments are subject to fluctuation. Individuals are assessed an additional premium by banks and other financial institutions beyond this benchmark rate.
In addition to the payment schedule, variable-interest-rate loans operate much like credit cards. Variable interest rates may rise to the point that the borrower finds it impossible to repay the loan.
Therefore, option C is appropriate.
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suppose you are a manager of a factory. you purchase five (5) new machines at one million dollars each. if you can resell two of the machines for $500,000 and three of the machines for $200,000, what are the sunk costs of purchasing the machines? multiple choice $5 million $500,000 $3.4 million $1.6 million
Answers
The sunk costs of purchasing the machines is $3,400,000.
What is sunk cost?A previously made investment that cannot be recovered is referred to as a sunk cost, also known as a retrospective cost. Marketing, research, new software installation or equipment, salaries and benefits, or facility charges are a few examples of buried costs in company.
From the definition, it is clear since the machines have second-hand values, the portion of the costs not covered by the second-hand value is the sunk cost.
Hence sunk costs could be derived by the formula below:
Sunk costs=Initial acquisition cost-Second-hand value
Initial acquisition costs=5*$1000000
Initial costs of acquisition =$5000000
Second-hand value=($500000*2)+($200000*3)
Second-hand value=$1600000
Sunk costs=$5000000-$1600000
Sunk costs=$3400000
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What is economic growth and it's best example?
Answers
Answer:
Economic growth is defined as an increase in a nation's production of goods and services. An example of economic growth is when a country increases the gross domestic product (GDP) per person. The growth of the economic output of a country. As a result of inward investment Eire enjoyed substantial economic growth.
Explanation:
Heres another example, "If the Central Bank cut interest rates, this would provide an incentive for firms to invest (borrowing would now be cheaper). This investment is a component of AD and AD will rise. With higher investment, more people will be employed, and there is a purchase of raw materials."
Hope this helps! <3
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Say you are grocery shopping and you come across an item for which the unit price is not labeled. How can you find the
unit price on your own?
Answers
What are two ways depository institutions keep your money safe?
Answers
The FDIC promises that customers will receive their savings back up to a predetermined amount in the rare event of a bank failure. The current cap for a single account is $250,000 per account. In order to stop hackers from emptying accounts with fraudulent activities, banks also employ sophisticated fraud detection systems.
Savings accounts are a secure location to keep your money because the FDIC for bank accounts and the NCUA for credit union accounts both guarantee all deposits made by customers. In the United States, there are three main categories of depository organizations. These include credit unions, commercial banks, and thrifts (which also include savings and loan organizations and savings banks).
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Blossom Company is considering an investment that will return a lump sum of $850,000 3 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Blossom Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.)
Answers
Ale jak się okazało w Polsce dniu narty nie skierowane to dniu tym świecie i jest ogóle nie ma problemu z tym że nie ma przecieku co w wszystko jutrzejszym terminie
PLEASE
what is lean production? in details (GCSE) keywords.
Answers
Answer:
actually I am very sorry I didn't learn this I don't take business
Explanation:
Sorry would there be anything else I can help u with
Your older sister is planning on saving money by paying her bills, spending money on fun, and then saving whatever is leftover. Why is this not the best option for saving her money?
Answers
Answer:
spend money on bills first then food then save the leftover money for later
the physical and mental talents people bring to production processes comprise the resource called group of answer choices a) labor. b) natural. c) resources. d)) entrepreneurship. e) capital
Answers
The physical and mental talents people bring to production processes are called labor.
Labor is the physical and mental talents that people bring to production processes. It is one of the three factors of production, along with land and capital.
Natural resources are the raw materials that are used in production processes. They are not created by humans, but they are used by humans to create goods and services.
Resources are a general term that refers to all of the inputs that are used in production processes. This includes labor, natural resources, and capital.
Entrepreneurship is the talent for organizing the use of land, labor, and capital to create new businesses.
Capital is the produced goods that are used in production processes. This includes things like machines, tools, and buildings.
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Describe some of the powerful marketing tactics used by the credit card industry?
Answers
Answer:
nice packaging in mail, introductory benefits, free gifts, barbie example
Businesses want to produce better
products, at better prices, with
better service for customers. Which
of the following is true about
customers?
A. Customers want unlimited goods and resources
from businesses.
B. Businesses can provide unlimited goods and
services for customers.
C. Customers' needs will be satisfied by unlimited
resources.
Answers
Answer:
A
Explanation:
A startup business estimates first-year revenues at $93,000. Their cost of
goods sold is estimated at $41,200. The following amounts are estimates of
operating expenses for that year: rent, $11,400; utilities, $1,080; salaries,
$18,000; advertising, $950; supplies, $500; insurance, $1,800; other, $350.
What are the total estimated operating expenses?
A. $34,080
B. $41,200
C. $75,280
Answers
So 93,000$ revenu , - 41,200$ , - 11,400 , - 18,000 , - 950$, -500 , -1800 , -350 so 18,800$ net profit. the answer is A.
Explanation:goods sold isn’t part of operating expenses.
Which of the following is a benefit of tracking the demographic information of a customer?
A. To target new customers who are similar to current customers
B. To send coupons to current customers
C. To make sure customer orders ready
D. To track if a customer is going to a competitor
Answers
Answer:
It is numder a
Explanation:
Please make me brainlist
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.