economics 10/28

Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!

If I sold proprietor tours expenses exceeded his income what was the result of the soul proprietor

A loss

If you were raising catfish on a farm in Mississippi which type of cooperative might you join for marketing help

A producer Cooperative

Which type of business organization might a low interest loan to its members

A service Cooperative

What about these people structure their business as a limited liability partnership rather than a partnership

In order to limit personal responsibility if one of them is sued

Which of the following must accompany that wants to hire a guest workers show

That the guest workers they hire will eventually the United States

Which of the following is NOT information the bureau of labor statistics provides

The future employment figures for specific companies

The key characteristics of a sole proprietorship represented in this photo is

The right of the business owner to set prices on the products

Which of the following is true about the structure of a corporation

The stockholders elect the board of directors who appoints a chief executive officer

which of the following is a potential disadvantage of multinational corporation's

They have an undesired influence on politics and culture in other countries

Which group is counted in the labor force

Workers without jobs who are seeking employment

what is a key reason that an entrepreneur might choose to establish a corporation rather than a partnership or so proprietorship

no personal liability

How are nonprofit organizations different from corporations

non-profits do not make any profits

shania and Nick own a convenience store together. They share equal responsibility and liability for their business and each person receives 50% of the profits. What kind of business organization is it

partnership

which statement about sole proprietorships is true?

sole proprietorships are the most common form of business organization in the United States

why is it so easy to start a sole proprietorship?

sole proprietorships do not need to file A lot of paperwork to start a business

Which of these describes an action and employer may take to reduce the cost of wages

substituting workers for machines

In order to do business what is one regulation that corporations have to follow

they have to file quarterly and annual reports with SEC

Which is an example of a semi skilled labor

A worker in a food processing plant

suppose a business is owned by two partners. What skill does each partner need that sole proprietor would not necessarily need

Ability to collaborate with an equal

what is an advantage that the general partners who own a partnership have that the owner of a sole proprietorship may not have

Better access to capital

what is an advantage of being a franchisee

Brand recognition

How did corporations raise capital?

By selling stocks and bonds

which of these is an advantage the General partners alone enjoy in a limited partnership?

Control of business operations

What were the main goals of the early labor movement in the United States

Higher wages, shorter hours and a safer workplace

What is one advantage of a vertical merger

It can allow her for them to operate more efficiently

Which of the following is a reason that companies engage in offshoring

Labor costs may be lower in some other countries

which is a disadvantage of a sole proprietorship?

Limited access to resources

what does the cartoon suggest about why a nonprofit might hire lobbyists to promote the interests of its organization

Lobbyists generally have ready access to lawmakers

which of the following government bureaus would most likely be responsible for regulating waste produced by the business in the photo

Nuclear regulatory commission

what types of businesses is this passage describing

cooperatives a non-profits

Which of the following is among the reasons why average real wages have declined in the last couple of decades

deregulation Of some industries has increased competition causing employers to cut wages

which law requires the men and women performing the same job receive the same pay

equal pay act of 1963

which of the following is a potential disadvantage for the sole proprietor

if a customer accuses him of serving spoiled food and Sue's him he is solely responsible for any debts or damages that are incurred

based on the excerpt from a new story which statement best describes the merger of Ivers paint and Kildare paint supply

it is a horizontal merger because both companies are involved in the paint supply business

A publicity held corporation has

many shareholders who can buy or sell its stock

Which of the following statements is accurate based on this graph

nearly 90% of sole proprietorships earned less than $100,000 per year


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