Why is a sole proprietorship the most flexible type of business?
What will be an ideal response?
The sole proprietorship form of business ownership is the simplest type of ownership as well as the easiest to start. It is flexible because an owner can make decisions without having to consult anyone else. By comparison, a manager in a store in a large corporate chain may have to seek the approval of numerous managers and company officials before making a decision.
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Constrained optimization refers to those limited resources not fully utilized by the product mix
Indicate whether the statement is true or false
?Zero-coupon bonds are bonds
A. ?on which no interest is paid. B. ?on which the interest is not paid until the maturity date. C. ?on which no interest expense accrues until the maturity date. D. ?which have no detachable coupon warrants.
Which of the following is not a benefit of diversity in the workplace?
a. provides a more in-depth basis for problem-solving and decision-making b. provides a broader base of perspectives and experiences c. provides better communication between team members d. minimizes the risk of groupthink
One way organizations can set a good example is through practicing ______, a business approach that delivers economic, social, and environmental benefits to stakeholders in order to contribute to sustainable development.
A. corporate society remediation B. corporate social responsibility C. corporate sustainability D. corporate social remediation