The organization that sets standards for computer components, signaling protocols, and data representation is the IEEE, or the Institute of Electrical and Electronics Engineers.
What is the significance of IEEE?Institute of Electrical and Electronics Engineers, or simply IEEE, is a standards organization whose networks and guidelines can be considered as the basis for the development of computer gadgets and other devices used for the purpose of data representation. The standards proposed by IEEE have a universal acceptance.
Therefore, the significance regarding IEEE has been aforementioned.
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The price of a product increases by 15 nd its price elasticity of demand is 3. what is the change in quantity demanded?
Change in quantity demanded is 45
From the formula we know that
Elasticity of demand = Change in quantity/ Change in price
From the given information, we have
Change in price = 15
Elasticity of demand = 3
To find
Change in quantity = ?
Solution
Let's put all the values in the formula
3= change in quantity/15
Change in quantity = 3 x 15 = 45
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A market is a segment of potential consumers who share a common need or want.
a. true
b. false
It is true that the market is a segment of potential customers who share a common want or need. So, option (a) is true.
A market is a segment of potential consumers who share a common wants or needs. A market is a place where people can buy things according to their needs and wants. Markets offer different products to people so that people can get what they want and consumers or sellers can earn profit. A market segment is a group of people who shares one or more common characteristics for marketing purpose.
Based on customers having similar needs, consumer groups are a marketing strategy to identify a product and present it according to their interests.
Four main types of market segmentation are:
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When a firm's customers make investments in order to use its particular product or service, the customers incur which type of costs if they purchase another firm's products or services instead?
When a firm's customers make investments in order to use its particular product or service, the customers incur switching costs if they purchase another firm's products or services instead. Therefore, the option B holds true.
What is the significance of switching costs?The switching costs can be referred to or considered as the costs incurred by the customers of a product or a service when they use the alternatives or the competitive products available in the market, instead of the product they were using earlier.
Therefore, the option B holds true and states regarding the significance of the switching costs.
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When a firm's customers make investments in order to use its particular product or service, the customers incur which type of costs if they purchase another firm's products or services instead?
A. Acquisition costs
B. Switching costs
C. Alternative costs
D. Replacement costs
Under what circumstances is a taxpayer required to use a calendar year tax period?
The correct answer is option (a). If the taxpayer does not keep books or accounting records then, a taxpayer required to use a calendar year tax period.
What is taxpayer?Taxable income is the portion of your gross income that is used to determine your tax liability for a specific tax year. In general, it can be defined as adjusted gross income (AGI) less permitted standard or itemized deductions. Along with investment income and numerous unearned income streams, taxable income includes wages, salaries, bonuses, and tips.
Your taxable income is the amount of your gross income that the IRS considers to be taxable.
It is made up of both earned and unearned money.
Among other sources of income, taxable income comes from wages, ventures, partnerships, and royalties.
Because deductions lower adjusted gross income, taxable income is typically lower.
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If a seller debits accounts receivable and credits revenue what must have occurred?
For the seller to debit accounts receivable and credit revenue, it means sales revenue has been recognized
When is sales revenue recognized?
Sales revenue is recognized when the seller has perform the required obligation such as delivery the requested goods or services not when the payment for the goods or services has been received
The rule of double entry is such that an asset account receivables is to debited to recognize a claim to a future cash payment and revenue is credited there is an increase in sales revenue.
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A management function which compares organizational and individual performance with predetermined standards or expected results?
The Expected result of a Management function is Evaluating (Controlling).
What do managers evaluate in the controlling function?The concept of management involves controlling and guiding personnel and resources within the organization. It includes planning, making decisions, motivating, leading, and carrying out different functions to achieve goals and objectives efficiently and effectively. The functions of management are interconnected, and differentiation between them is highly subjective. Therefore, they are non-linear.The control function assesses whether goals were achieved and is often used to evaluate the performance of employees, departments, and the organization as a whole.The measurement of performance can be done in several ways, depending on the performance standards, including financial statements, sales reports, production results, customer satisfaction, and formal performance appraisals. Managers at all levels engage in the managerial function of controlling to some degree.Controlling involves ensuring that performance does not deviate from standards. Controlling consists of three steps, which include (1) establishing performance standards, (2) comparing actual performance against standards, and (3) taking corrective action when necessary. Performance standards are often stated in monetary terms such as revenue, costs, or profits but may also be stated in other terms, such as units produced, number of defective products, or levels of quality or customer service.To learn more about the Controlling management function, refer
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If the u.s. dollar is strong, what is the impact on trade between china and the u.s.?
The U.S. dollar will be able to purchase more Chinese items for less money if it is strong in relation to Chinese currencies. More Chinese goods will be imported into the American market as a result.
What is market?
The entire number of buyers and sellers in the area or region under consideration is referred to as the market. Earth, as well as several nations, regions, states, and cities, may be the subject. The worth, expense, and cost of the goods traded depend on the forces of supply and demand in the market.
The term "market" is frequently used by businesspeople to refer to the associations of people or entities that make up the pool of present and potential consumers of their goods and services.
Therefore,
If the u.s. dollar is strong, what is the impact on trade between china and the u.s.?
The U.S. dollar will be able to purchase more Chinese items for less money if it is strong in relation to Chinese currencies. More Chinese goods will be imported into the American market as a result.
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Indirect labor costs include? assembly-line worker wages. administrative assistant salary. assembly-line supervisor salary. factory security guard wages.
Indirect labor cost include administrative assistant salary. (second option)
What is Indirect labor cost ?Indirect labor cost is the cost of labor employed t that is not directly involved in the production of goods or the delivery of services.
Indirect labor cost is the wages or salary that is paid to employees whose duties enable other employees to produce goods and render services. An example of such employees are the administrative staff. Thus, the wages paid to administrative staff would constitute indirect labor cost.
In contrast, direct labor cost is the wages paid to labor that is directly involved in the production of goods or providing of services. e.g. factory security guard wages.
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According to the text, spreadsheet packages are used by virtually every business for _______________.
An operating system performs three primary tasks: managing the computer's resources, including the CPU, memory, disc drives, and printers; creating a user interface; and running and supporting application software.
Application software that is used to complete routine tasks, such word processing, is referred to as general purpose software.
A general purpose software application is software that has been created to use a computer system to complete common or general tasks for users. Word processing, spreadsheet, and photo editing software are among examples.
The operating system's service maintains track of which users are using what resources—and how much—for accounting purposes as well as to compile consumption data.
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In a dbr system, the mechanism that controls the rate at which the bottleneck dictates the throughput of the entire plant is called the.
In a DBR system, the mechanism that controls the speed at which the bottleneck dictates the throughput of the entire plant is called the rope.
the DBR system also referred to as the Drum- Buffer -Rope is the theory of constraints organizing process mainly focused on increasing flow by leveraging and identifying the system constraints.It was used in Dr. Goldratt's The Goal to narrate a story of a plant manager. Here the drum is that the constraint, and therefore the capacity constrained resource, which limits the output, whereas the buffer out here is that the measure in time, is that the measure for the amount of work done in time, where the quantity of work is controlled by the rope. The Rope is that the way we control the release of the work , if the constraints set the pace, the drum beat for the full operation, after whihc the work is released at the speed so the constraints can consume it, which in simple words are often said the Rope buffers drum.
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a is a group of related projects designed to accomplish a common goal over an extended period of time.
Program is a group of related projects designed to accomplish a common goal over an extended period of time.
A program is a cluster of related projects which are managed in a coordinated manner so that they could be executed simultaneously and share other resources, activities as well as stakeholders.
Program management is a strategic management approach used in order to execute and control multiple related projects. The goal of the program management is to drive benefits to the entire program only by sharing project resources, costs and other project activities.
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The economy was at point a producing 100x and 200y. it moved to point b where it produces 200x and 300y. it follows that:______.
The Production-Possibility Frontier (PPF) of the economy was at point A, or the PPF may have moved outward and point A was on the previous PPF.
What is Production possibility frontier ( PPF) ?
The production possibility frontier (PPF) is a curve on a graph that depicts the potential output of two goods whose production is dependent on the same limited resource. Another name for the PPF is the production possibility curve.PPF is important in economics as well. For instance, it can show that a country's economy has achieved the maximum level of effectiveness.The production possibility frontier (PPF), which depicts situations that are impractical given the available resources, is above the curve.The PPF illustrates that an increase in one commodity's production can only occur when the production of the other commodity falls.Managers can use the PPF as a tool for making decisions when determining the best product mix for their organisation.To know more about PPF visit:
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According to nutt and backoff's assessment of organizational contexts in terms of their abilities to produce visionary strategic change, rigid organizations:____.
According to Nutt and Backoff's assessment of organizational contexts in terms of their abilities to produce visionary strategic change, rigid organizations are hierarchical.
What is rigid organizations?Decision-makers are divided from Knowledge Carriers and Knowledge Workers by vertical tiers denoted by hierarchy in a strict and bureaucratic organizational structure. Even if each layer is divided by discrete functional or horizontal boundaries, this process is known as strategic business unit delineation (SBU).Indicators of a rigid organizational structure include the following:There is a dominant centralized "command and control" style of leadership.Organizational structure that is hierarchical with several levels of control between "top and bottom."Short periods of control.Functional compartments that function separately.There is very little talent transfer between silos inside the organization.A bureaucratic organization has strict, rigorous policies, rules, and regulations. This type of organizational structure is hesitant to modify the things they have been doing since the company's inception.Learn more about organizational structure here:
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What type of segmentation categorizes consumers on the basis of the outcomes they hope to derive from a product or service? multiple choice question.
The benefits type of segmentation categorizes consumers on the basis of the outcomes they hope to derive from a product or service, such as clothing, appliances, toothpaste, or paper towels
This is further explained below.
What is segmentation?Generally, Market segmentation is the process of separating a wide consumer or corporate market, which often consists of current customers and prospective customers, into sub-groups of consumers based on some form of common traits. This process takes place within the context of marketing.
A product is a thing that is put up for sale at a store. Both goods and services might fall under the category of "products." Forms other than physical, such as virtual or cyber, may also exist.
Every item has a price tag attached to it since its production has a cost. The price that may be charged is determined by the market, the quality, the marketing, and the target demographic of the product or service.
In conclusion, The sort of segmentation known as benefits classifies customers in accordance with the results they anticipate achieving as a result of using a certain product or service, such as apparel, home appliances, toothpaste, or paper towels.
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CQ
What type of segmentation categorizes consumers on the basis of the outcomes they hope to derive from a product or service, such as clothing, appliances, toothpaste, or paper towels?
The purposes of managerial accounting are to provide useful information to aid in?
The purposes of managerial accounting are to provide useful information to aid in "calculating the costs of a company's goods and services, planning for future activities, and comparing actual to planned results."
What is managerial accounting?Managerial accounting is the method of identifying, assessing, analyzing, analyzing, and communicating financial data to executives in order to help them achieve the goals of their organization.
Some key points regarding the managerial accounting are-
Managerial accounting differentiates from financial accounting in that its intended purpose is to assist users within the organization in making well-informed strategic decisions.Unlike financial accounting, managerial accounting techniques are not governed by accounting standards.The demonstration of managerial accounting information can be tailored to the needs of the end user.Managerial accounting includes many aspects of accounting, such as product costing, financial planning, forecasting, and financial analysis.Financial accounting, on the other hand, generates and disseminates formal financial statements for mass consumption that adhere to current accounting standards.To know more about the managerial accounting, here
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Assets and costs are proportional to sales. debt and equity are not. the company maintains a constant 45 percent dividend payout ratio. what is the sustainable growth rate?
The SGR aims to increase sales and revenue while reducing financial leverage. A corporation can avoid financial trouble and excessive leverage by achieving the SGR.
What Is the Sustainable Growth Rate (SGR)?
The highest rate of growth that a business or social enterprise may sustain without using more equity or debt to fund expansion is known as the sustainable growth rate (SGR). In other words, it is the rate at which the business may expand without borrowing money from other sources by using only its own internal earnings.
Get or compute the company's return on equity (ROE) first. By comparing net income to shareholders' equity, ROE assesses a company's profitability. The dividend payment ratio for the corporation is then subtracted from 1. The percentage of earnings per share distributed to shareholders as dividends is known as the dividend payout ratio. The discrepancy should then be multiplied by the company's ROE.
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John d. rockefeller stands out among nineteenth-century business leaders because of his?
John d. Rockefeller stands out among nineteenth-century business leaders because of his innovative organization called vertical integration.
What is vertical integration?
Vertical integration is a procedure that entails acquiring corporate operations in order to produce the same thing.
When a business chooses vertical integration, they typically have control over some phases of product production and delivery.Vertical integration can also be defined as the union of businesses engaged in the same line of work but at various stages of production or distribution.For instance, because it involves many phases in its business, Amazon might be classified as one of the organizations with vertical integration.In addition to acting as a platform for buyers and sellers, Amazon also has its own distribution network and sells some of its own goods and services.To learn more about vertical integration, visit:
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Kalini, a package delivery service manager, is interested in implementing ________. To do this, kalini will study the routes that drivers take through a congested to city in order to identify ways that delivery staff can make the most deliveries in each two-hour period.
Kalini, a package delivery service manager, is interested in implementing scientific management. To do this, kalini will study the routes that drivers take through a congested to city in order to identify ways that delivery staff can make the most deliveries in each two-hour period.
What is scientific management?The scientific theory of management can be described as the theory that has to do with the way that there would be the analyzing and the synthesizing of the work flow. The aim here is to be able to improve upon efficiency and bring about increases in labor productivity.
Hence we can say that: Kalini, a package delivery service manager, is interested in implementing scientific management. To do this, kalini will study the routes that drivers take through a congested to city in order to identify ways that delivery staff can make the most deliveries in each two-hour period.
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The contribution margin ratio is the:_____.
a. same as the variable cost ratio
b. same as the profit-volume ratio
c. portion of equity contributed by the stockholders
d. same as profit
The contribution margin ratio is equal to its revenue less all variable costs, divided by its revenue.
What is contribution margin ratio?The contribution margin informs the business of the discrepancy between the product's cost of production and its selling price. The contribution margin ratio informs the business of the percentage of sales revenue that will be available to pay for fixed costs, such as office space.
In order to understand how sales, varying costs, and fixed costs all affect operating profit, contribution margin is useful. It offers business owners a means to determine how different sales volumes may impact profitability. It can be calculated at the unit or overall level and reported as a dollar amount or a percentage.
It can be used to quickly calculate the impact of a change in sales revenue on profitability and is utilised in target profit and break-even analyses.
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how is accounting knowledge beneficial to different business majors? accounting knowledge helps .
Accounting plays an important role in running a business because it helps you track income and expenditures, ensure statutory compliance, and supply investors, management, and government with quantitative financial information which might be utilized in making business decisions.
There are three key financial statements generated by your records. The profit-and-loss statement provides you with information about the profit and loss. The record gives you a transparent picture on the financial position of your business on a selected date. The income statement could be a bridge between the profit-and-loss statement and record and reports the cash generated and spent during a particular period of your time. It is critical you retain your financial records clean and up thus far if you would like to stay your business afloat. Here are just some of the explanations why it's important for your business, big or small.
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What is a strategic business unit (sbu)? how does strategic planning differ at the corporate and the sbu levels?
Divisions that operate independently from one another and are built on certain goods or brands. These units inside the company each have their own goals, management, resources, and rivals.
A corporate mission is set by senior managers for the entire organization.
The company's top managers then assess the business's internal and external environments and establish corporate-level objectives that direct decision-making inside each distinct SBU.
If the company is large enough to have separate SBUs, each SBU will have its own goals that are pertinent to its operations while also being closely related to the corporate goals.
What is a SBU?An SBU, or strategic business unit, is a fully operational part of a company with its own mission and goals.
A strategic business unit is typically run independently, but it is also an essential component of the corporation. It informs the administrative center of its functioning condition.
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A massive amount of ammonia gas has been accidentally released near your office. You have a room without windows and relatively tightly sealed doors. Should you shelter in place?
Select the best option.
Yes
No
The statement A massive amount of ammonia gas has been accidentally released near your office. You have a room without windows and relatively tightly sealed doors is true as you should shelter in place if a massive amount of ammonia gas has been accidentally released near your office and you have a room without windows and relatively tightly sealed doors.
Sheltering in place means staying indoors and creating a barrier between yourself and the outside environment to reduce exposure to hazardous material. A room with a tightly sealed door can provide a good barrier against the outside air and help to prevent the entry of hazardous gases.
It is important to follow any instructions given by emergency responders and to stay informed about the situation until it is safe to leave.
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Explain how the adjust row amounts feature helps in creating qb accountant budgets
QB accountant budgets make updating budgets much faster and allow for consistency and easy use.
Now you'll start making adjustments. If you're starting your budget from scratch, and therefore the monthly amount is the same, you'll be able to enter the primary month. Then click “Copy Across” and therefore the amount will populate for the complete year. Or, if you have already got data from a previous year, you'll be able to click “Adjust Row Amounts” and choose to extend or decrease the monthly amount by a particular amount or percentage. This makes updating budgets much faster and allows for consistency and easy use.
The adjust row amounts feature helps in creating Quick books accountant budgets as it makes updating budgets much faster and allows for consistency and easy use.
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Choose the statement below that explains what "closing" means. Multiple choice question. Closing means to bring an account balance to zero. Closing means to transfer an expense account's balance to the income statement. Closing means to transfer the balance in an account to an asset account. Closing means to adjust an account's balance to its correct amount.
The statement that explains what "closing" means is to bring an account balance to zero.
What is an account closing?It involves resetting the balances of the temporary & permanent accounts in which the balance of temporary accounts is zero and the balance of the permanent accounts increase. In account, the income summary is important in a closing entry as this is the summary used in the aggregation of all income account.
The closing entry sequences are transfer of all revenue accounts into the income summary, closing of all expenses by crediting the expense accounts and debiting income summary closing of the income account and transfer of all income statement balances to retained earnings.
In conclusion, the statement that explains what "closing" means is to bring an account balance to zero. Therefore, the Option A is correct.
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If you were advising a local brewer/pub, about how to set itself apart from rivals, you would most likely recommend that the company (mark all that apply):
If you were advising a local brewer/pub, about how to set itself apart from rivals, you would most likely recommend that the company Imitate the winning tactics of competitors.
What is sustainable competitive advantage?A group of resources, traits, or skills that enable an organization to outperform its rivals in satisfying the needs of its customers are known as sustainable competitive advantages. Competitive advantages that last over time are challenging to imitate or replicate.
What do we excel at in our market? is answered by sustainable competitive advantages.
The solution generates a collection of 1-2 long-lasting, distinctive strengths that a customer values.
What you, your business, or your department do better than anyone else constitutes your competitive advantage. The term "sustainable" refers to your capacity to carry out those actions over an extended period of time. And yes, you can acquire advantages as well as have multiple advantages. You don't have to own them all right away, though.
Thus, following the winning strategies of competitors can surely be beneficial.
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Understanding the external business environment requires marketers to be aware of:____,
Understanding the external business environment needs marketers to be aware of differences in the law that impact how business is conducted.
What is External business environment?Customers, competition, economy, technology, political and social conditions, and resources are common external factors that influence the organization. Even if the external environment occurs outside an organization, it can have a significant influence on its current operations, growth and long-term sustainability.
The environment offers a variety of opportunities, therefore it's important to recognize them if you want to boost a company's success. Early identification gives an opportunity to a company be the first to identify opportunity instead of losing them to competition. Hence, Understanding the external business environment needs marketers to be aware of differences in the law that impact how business is conducted.
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Barney owns a lot valued at $84,000. he purchases an adjoining lot for $66,000 and merges the two properties. the current appraised value of the newly formed lot is $177,500. this is an example of:_____.
The freshly developed lot currently has a $177,500 appraised value. as an illustration: plottage
The required details for plottage in given paragraph
Plottage is the increase in value obtained by joining two or more neighboring pieces of land into one bigger tract. Assemblage describes the procedure of bringing the parcels together. In most cases, the total value of a parcel will be more than the sum of its smaller parts.
What does plottage increment mean?
The value added by fusing the lots is referred to as plottage increment. As an illustration, Steve is the owner of two adjacent plots. It costs $40,000 for each one. The overall valuation has increased by $10,000 and is now $90,000 when consolidated into a single property.
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If you are asked to fill out a w-9 instead of a w-4 when you first start a job, what does that mean?.
They should use Form W-4, which is the correct form. If your employer gives you a W-9 instead of a W-4 when you start a full-time job, that may indicate that they hired you as an independent contractor rather than an employee, and you may be responsible for making tax payments to the IRS.
Use Form W-9 to give your correct Taxpayer Identification Number (TIN) to anyone who needs to file a report with the IRS about something that was paid to you, like:
Income.Real estate dealings.You paid mortgage interest.Purchasing or giving up secured propertyA debt cancellation.The IRA contributions you made.Learn more about Independent Contractor https://brainly.com/question/13191587
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What was the main reason that people decided to leave their homes and head west in the late 1800s? question 2 options: economic opportunity contracts offered by railroads adventure patriotism
In the late 1800s, people primarily chose to leave their homes and go west due to economic opportunity.
Economic opportunity is defined as a special business or community circumstance that advances the state's economic interests by catalyzing or stimulating the expansion of, or retention of, business and industry in the state. This definition also includes the retention of a company whose relocation outside the state would have a significant negative economic impact on the state as a whole, particular regions of the state, or particular state components as determined by the boa. Vacant land is frequently linked to increased crime and a decline in local property values.
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In the united states, the majority of new jobs are generated by _______ businesses.
In the united states, the majority of new jobs are generated by Small businesses.
Millions of professionals are employed by small enterprises across numerous industries. New businesses establish themselves every year, creating jobs that support regional economies.Not all small business concepts, though, are flexible and adaptive. Many companies had to close their doors and remake themselves in 2020 in order to continue operating in the new normal. Here is everything you need to know about the current small company landscape and the opportunities if you're considering establishing a firm this year.Though starting a business is challenging, the appropriate point of sale system may greatly simplify operations. Learn how Lightspeed can keep you productive, organized, and most importantly, lucrative by watching a free demonstration.Small businesses are corporations, partnerships, or sole proprietorships that are smaller in scale than larger firms or corporations in terms of both the number of employees and/or yearly revenue. Depending on the nation and sector, different types of businesses may be considered "small" for the purposes of applying for government assistance and being eligible for special tax treatment.To learn more about small business visit:https://brainly.com/question/17128827
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