The manager of a local barbeque place in town is asked by his owner to develop a situational analysis of the business. The owner is sure that this type of analysis is pertinent in helping to make strategic decisions that will need to be made within the next year. This situational analysis will have a section that
will help the owner of the business understand which of the following

- Information on past business experiences

- product Information

- financial projections

-the firm's strengths and weaknesses

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u. s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Explain how can you avoid conflict by adjusting