Business, 22.01.2021 19:00 Crxymia

An entrepreneur has an idea for a new product in the technology industry. The product will require an initial investment to develop, manufacture, market, and distribute the product. While the product has unique applications that are not currently available to consumers, the industry has barriers to entry in terms of consumer brand loyalty, manufacturing, and product distribution. The entrepreneur is trying to decide what type of business organization to create for the production and sale of the product. For which goal would the entrepreneur be BEST served by choosing to start a corporation rather than a sole proprietorship or partnership?

A

raising capital for manufacturing and distribution

B

maintaining control over product development

C

getting the product to market quickly

D

minimizing the long-term tax burden

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 15:20, ashleyuchiha123

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)

Answers: 2

continue

Business, 22.06.2019 19:40, madisynk78

Adistinguishing feature of ecological economics is the concept of cost-benefit analysis steady-state economies that, like natural systems, neither grow nor shrink environmental damage and also environmental benefits are external greenwashing to increase public acceptance of products the only healthy economy is one that is growing

Answers: 1

continue

Business, 22.06.2019 21:10, dezmondpowell

Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?

Answers: 3

continue

Business, 22.06.2019 21:30, kaitlngley2367

Which is the most compelling reason why mobile advertising is related to big data?

Answers: 1

continue

You know the right answer?

An entrepreneur has an idea for a new product in the technology industry. The product will require a...