Disadvantages of this form of business organization

Assignment Help Operation Management
Reference no: EM131718426

Essay Owen plans to open Owen's Pets Store, a pet sales and pet supplies outlet, and to hire Quimby and Ruth. Owen will invest only his own money. He does not expect to make any profit for at least two years and to make almost no profit for the first three years, but he hopes to expand eventually. Which form of business organization would be most appropriate? What are the chief characteristics advantages, and disadvantages of this form of business organization? If Owen wants to obtain additional capital to expand the business, but does not want to lose control of the firm, what is his best option?

Reference no: EM131718426

Questions Cloud

What is the total processing time, the process capacity : What is (a) the total processing time, (b) the process capacity, (c) the total lead time, (d) in-process inventory, the utilization of task B?
Idea management-market management and portfolio management : discuss the similarities and differences between ‘idea management’, ‘market management’, and ‘portfolio management’.
Captain stubing of the pacific princess seeks to maximize : Captain Stubing of The Pacific Princess seeks to maximize the return for their scheduled 14-day tour of Europe and has a number of options available to him.
Develop a control chart and plot the heights on the chart : Experiment: Randomly select the heights of at least 15 of the students in your class. Develop a control chart and plot the heights on the chart.
Disadvantages of this form of business organization : What are the chief characteristics advantages, and disadvantages of this form of business organization?
Certain type of highly volatile paint thinner : One of the products stocked at Ms. Paige Turner’s paint store is a certain type of highly volatile paint thinner that, due to chemical changes in the product,
Determine the percentage idle time : Determine the percentage idle time. Show your computations as much as possible or upload an Excel file.
Make-to-stock system-average work-in-process in system : Assuming a make-to-stock system, what is the average work-in-process in the system?
What is the interest rate risk on this purchase : On October 15, 2012 the real estate company Robert hf. gave out a bond. What is the interest rate risk on this purchase?

Reviews

Write a Review

Operation Management Questions & Answers

  Distinguish between pure and mixed strategies in production

Distinguish between pure and mixed strategies in production planning. Provide examples of each strategy.

  Council better understand the elements of the capital budget

Provide at least one graph to help the mayor and city council better understand the elements of the capital budget.

  Establishing an equitable internal job structure

What is job evaluation, how does it differ from job analysis and how is it used in establishing an equitable internal job structure?

  What are the types of staffing experiences an organization

What are the types of staffing experiences an organization will likely have if it does not engage in Human Ressource and staffing planning?

  Operations security includes many procedural activities

Operations security includes many procedural activities each day. Provide examples to secure facilities that house systems that process sensitive information.

  Identify ways that emotion can be used as a tool

The emotions that you project during negotiations may affect the negotiation outcome. Discuss how emotions can have a positive impact and a negative impact on negotiations. In addition, identify ways that emotion can be used as a tool in negotiati..

  Change project are critical to success

It's no secret that having a vision for change and being able to communicate the change project are critical to success. However, that all requires a communication plan.

  Thirst-aid culture background

Thirst-Aid is a made up soft drink company I created for a class. I need to make up cultural background of the company. Below is an overview of company so far.

  It is possible to have employees that are satisfied

Do you think it is possible to have employees that are "Satisfied" and still have them working in a position that doesn't pay much or doesn't offer any benefits? Where might you find a job like this and how would you make sure your employees feel wan..

  Partnership-corporation and limited liability company

Discuss the advantages and disadvantages of doing business as a Sole Proprietorship, Partnership, Corporation and Limited Liability Company, along with the consideration of biblical standards for doing business with others.

  What is the overall reliability of the system

Consider a product with three components A, B, C in series, with reliabilities of 0.94, 0.85, and 0.95 respectively. What is the overall reliability of system

  What telecommunications device was the transistor initially

what telecommunications device was the transistor initially invented to improve?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd