Choosing a Legal Business FOrm
Not what you're looking for?
See attached file.
Make a management decision that has to do with the legal form of business based on characteristics described in the scenario and the issues facing the firm. You have 3 options to choose from:
Sole Proprietorship
Partnership
Corporation
Purchase this Solution
Solution Summary
The expert chooses the legal business form is examined.
Solution Preview
Well, to start with, I am not seeing a lot of potential for this product. There appears to be a well-saturated market with small annual growth, and a very high cost of entry. If this is something that the inventor wants to pursue, then he needs to consider either a corporation or a ...
Purchase this Solution
Free BrainMass Quizzes
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media