economics 10/28
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