Explain the benefits of a sole proprietorship

Assignment Help Operation Management
Reference no: EM131275641

In 300 words or more, explain the benefits of a sole proprietorship and why someone would want to use that method to incorporate their business.

Reference no: EM131275641

Questions Cloud

Check on the other branches of government : What is the Supreme Court's "check" on the other branches of government? From where does this power come? Please discuss the relevant case, Marbury v. Madison, providing a summary of the facts and an explanation of the Court's decision. WHY does the ..
Creating more resourceful and positive attitude : Carol Rubino is a drafting major at a community college. In order to pay her expenses, she needs to work several hours a week. She is very organized and responsible with her school and work obligations. What strategies in this chapter can help Carol ..
Information from knowledgeable employees : Phil, a management trainer at Flint Inc., designs a training program that focuses on capturing insights and information from knowledgeable employees. Through this program, Phil is taking the strategic initiative to _____.
Compute labor productivity per labor dollar for both years : Compute the labor productivity per labor dollar for both years. Compute the multifactor productivity for both years. What is the percentage change in multifactor productivity?
Explain the benefits of a sole proprietorship : explain the benefits of a sole proprietorship and why someone would want to use that method to incorporate their business.
Differences between hardball and curveball strategy : What are the three differences between Hardball and Curveball strategy, please explain with example. Please Draw a Strategic Group Mapping. What favors the new industry and what drawback to the old industry, please answer in terms of internal and ext..
Maintenance supervisor at large petroleum refinery in texas : Jack is a maintenance supervisor at a large petroleum refinery in Texas. His friend, Ronald, who works at another refinery in Louisiana, informs Jack about a vacancy for a maintenance manager's position at the Louisiana refinery and asks him to apply..
At the height of the civil rights movement : At the height of the civil rights movement, The New York Times ran a full page advertisement entitled “Heed Their Rising Voices.” The advertisement detailed police efforts in Montgomery, Alabama to suppress the nonviolent civil rights demonstrations ..
Implement corrective action to get project back on track : At some point in time, most project managers have to implement corrective action to get a project back on track. EVM variance (SV, CV) and performance index (SPI, CPI) thresholds for corrective action are often specified in project cost and schedule ..

Reviews

Write a Review

Operation Management Questions & Answers

  Future value of investment cash flows

Chuck Brown will receive from his investment cash flows of $3,155, $3,450, and $3,800 at the end of years 1, 2 and 3 respectively. If he can earn 7.5 percent on any investment that he makes, what is the future value of his investment cash flows at th..

  Marketing and advertising has taken on many new techniques

Marketing and advertising has taken on many new techniques to reach certain target markets. Explain how companies can use the Internet and social networking to reach today's consumers. How successful do you think these attempts are? What do you think..

  Distinguish between the concepts of mission and vision

Distinguish between the concepts of mission and vision. Provide examples in your explanation.

  Calculate the expected value of perfect information

Beverly has estimated that, during the 3 years of the lease, there is a 40% chance she will drive an average of 12,000 miles per year, a 30% chance she will drive an average of 15,000 miles per year, and a 30% chance that she will drive 18,000 mil..

  Discuss specific challenges you expect to face personally

Discuss how you will apply what you have learned in this class in your current (or future) career. Provide specific examples to support your rationale. Looking ahead to your future career, discuss the specific challenges you expect to face personally..

  Identify the r-squared value

Identify the R-squared value for this data set, along with the R-value. Explain what each means. Describe what the F-test and the p value tell us in general and name each for these data sets and analyses

  Workforce planning and staffing

Imagine and describe a staffing system for a job in which no measures are used. / Explain the ways that the following 3 initial assessment methods are similar and in what ways are they different: application blanks, biographical information, and refe..

  Difference between leading and managing a project

Why is a conductor of an orchestra an appropriate metaphor for being a project manager? What aspects of project managing are not reflected by this metaphor? What is the difference between leading and managing a project?

  What is the greatest strength of a pluralistic society

Pluralism refers to a diffusion of power among society’s groups and organizations. In a pluralistic society, power is diverse and decentralized. focus on the interrelationship between business and society, as well as the attributes, strengths, and we..

  Safe and comfortable accommodation

When a patient is admitted to a hospital for a surgical procedure, then they too need a clean, safe and comfortable accommodation - in addition to appropriate clinical and medical care, of-course.

  Think the role of technology doing in business

Big well known American department store like The Marc's Department Store is facing the difficulty of e-commerce and online shopping. What do you think the role of technology doing in business?

  Relationship between mass communication and mass media

For this discussion, start by describing the relationship between mass communication and mass media, on the one hand, and the character of the public sphere, on the other. How do you experience the relationship between public life and mass communicat..

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