Ask Question
BusinessBusiness
17 November, 09:56

Foster, who owns a successful business with two locations and a few international clients, was approached by a large organization about dramatically expanding his company. Foster later told his wife that he is happy with his success, but he wants to stay small because if he decides to add new products, small companies

+3
Answers (1)
  1. 17 November, 13:09
    0
    C) can get started more easily and maneuver faster

    Explanation:

    A small business (sole proprietorship, partnership, limited liability company) can maneuver much faster than any corporation simply because the owners are the managers of the business. The owners do not have to ask anyone for permission to make any decisions or decide new business activities. Also, last but not least, you are your own boss, and that is priceless.

    Small businesses are also much easier to set up and do not require a lot of paperwork and authorizations to start operating.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Foster, who owns a successful business with two locations and a few international clients, was approached by a large organization about ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
In order for a loss on the disposal of a discontinued operation to be classified on the income statement as a discontinued operation, it must be unusual in nature. True or False True False
Answers (1)
You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $19,000, $27,000, $48,000, and $72,000 to you each year over the next four years, respectively. All payments will be made at the end of the year.
Answers (1)
You are purchasing a bond with a face value of $1,000 and a coupon rate of 8.85 percent. The bond pays interest semiannually and has a yield to maturity of 7.23 percent. The bond matures in 6.5 years and pays its next interest payment in four months.
Answers (1)
The following materials standards have been established for a particular product: Standard quantity per unit of output 4.7 pounds Standard price $ 13.
Answers (1)
GoGo Gas and Fab Fuel are among the few large producers of gasoline in the country. Along with other large producers, they have formed a formal organization to control the output and price of gasoline in that country.
Answers (1)
New Questions in Business
Southwestern College has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band which will cost another $800. Tickets are expected to be $30 per person.
Answers (1)
Using the accrual basis, in which month should revenue be recorded? A. In the month that the invoice is mailed to the customer B. In the month that goods are ordered by the customer C. In the month that goods are shipped to the customer D.
Answers (1)
In a fixed-order-quantity system, when demand is uncertain, using economic order quantity (EOQ) based only on the average demand will result in a low probability of a stockout. True or False?
Answers (1)
Consumers who use Yelp reviews to measure the tradeoff between quality and price of different restaurants are using what type of consumer decision rule? Multiple Choice noncompensatory multiattribute heuristic compensatory determinant
Answers (1)
Sugar is an input used to produce cereal. suppose that the price of sugar decreases. as a result:
Answers (1)
Home » Business » Foster, who owns a successful business with two locations and a few international clients, was approached by a large organization about dramatically expanding his company.
Sign Up Forgot Password?