Types of Business Ownership

Similarities

Differences

Sole trader/proprietorship

Which is NOT a pro-growth institution? Select one: a. property rights b. political stability c. open and competitive markets d. protection of domestic industry

Santorino Company produces two models of a component, Model K-3 and Model P-4. The unit contribution margin for Model K-3 is $6; the unit contribution margin for Model P-4 is $14. Each model must spend time on a special machine.

Which of the following features about a buyer indicates that the buyer has high bargaining power? when the buyer faces high switching costs when the buyer cannot credibly threaten to backwardly integrate into the industry when the buyer cannot

Some theorists have proposed a model that focuses on studying consumer goals as a way to explore attitude formation.

Formal analysis is the analytical approach primarily concerned with:

For high school graduation, Ryan's family is giving him a choice between two presents that are both worth $900.

Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct materials: 5 pounds at $11 per pound $ 55 Direct labor: 3

Which of the following can act as a planning and controlling tool? A. Quality management principles B. Profitability ratios C. Budgets D. Liquidity ration

Which statement best describes a significant similarity between the AICPA and IESBA codes? Both codes incorporate the conceptual framework approach for evaluating threats when specific rules on a matter do not exist.

When Angela checked out of her hotel, she completed a research form rating the hotel's service, food and accommodations. This is an example of what marketing core functions?