Why would it be better to be in a partnership?

Answers

Answer 1

Answer:

A partnership is easy and inexpensive to establish

the business benefits from pooled knowledge and skills of different partners

the workload is shared

more partners can be added,which could help increase capital

partnerships are not compelled by law to complete audits on financial statements

Explanation:

Answer 2

Answer:

Each partner will bring their own knowledge, skills, experience and contacts to the business, potentially giving it a better chance of success than any of the partners trading individually. Partners can share out tasks, with each specialising in areas they're best at and enjoy most.

Explanation:

I hope it helps


Related Questions

As marketers embraced the concept of integrated marketing communications, they began asking their ad agencies to rely primarily on media advertising. True or false

Answers

As marketers adopted the idea of integrated marketing communications, they started to request from their advertising agency that they integrate the application of diverse range of advertising techniques rather than depending primarily on media advertising. As a result, the claim is FALSE.

Many brands started to explore outside the box of conventional ad agencies and employ multiple types of marketing expertise.

"Integrated Marketing Communications" techniques include:

- build and strengthen connections with clients

- seeks to have all marketing initiatives present a cohesive, consistent picture to the public such as in media advertising

- acknowledges that every engagement across a myriad of touch points is a chance to realize the corporate identity

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Some top-level domains are based on the country in which the registering organization is based. True or false

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This statement is True.

True, Some top-level domains are determined by the nation in which the registration entity is headquartered.

What is a domain name?

On the Internet, a domain name is a word or phrase that identifies a sphere of administrative control, power, or independence. Domain names are used in a variety of networking scenarios for application-specific naming and addressing. A domain name often refers to an Internet Protocol (IP) resource or a network domain, such as a server computer or a personal computer that accesses the Internet. Domain names are widely used to distinguish Internet-based services like websites and email providers. 330.6 million domain names were registered in 2017.

How domain names are generated is governed by the policies and processes of the Domain Name System (DNS). Any name that appears in the DNS is considered a domain name.

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Many european countries follow the theory of ______, which is a hybrid system combining a capitalist economy and a government that supports equality.

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Many european countries follow the theory of Social Democracy which is a hybrid system combining a capitalist economy and a government that supports equality.

Social democracy is a form of governance that shares socialist ideals but operates inside a capitalist framework. The concept, which takes its name from democracy, in which the people have a vote in government decisions, promotes a financially competitive economy while also assisting those whose occupations don't pay well.The Nordic nations have been the only ones to consistently be labeled as social democratic, with Austria, Belgium, Canada, France, the Netherlands, New Zealand, Switzerland, and the United Kingdom among others that have been at least once.

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in the case of post-it notes, the primary strategic process described came from which of the following?

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For post-it notes, planned emergence was the main strategic process that was described.

So, it can be concluded that the primary strategic process came from planned emergence. The product was developed over several years by Arthur Fry and Spencer Silver as an emergent process utilizing a "bottom-up" strategy to persuade more senior management of the idea's viability.

The methods, tools, and theories of traditional planned company strategy are heavily emphasized in your studies of business management and strategy. Planned strategy is built on a structured procedure for establishing company goals and creating a cohesive business plan intended to meet those goals with the resources at hand. Consequently, planned strategy refers to the official corporate planning procedure.

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Suppose the working age population (wap) is 300 million. if the unemployment rate (ur) is 5 nd there are 228 million employed (e), what is the labor-force participation rate (lfpr)?

Answers

Based on the working age population and the unemployment and employment numbers, the labor-force participation rate is 77.7%

What is the labor-force participation rate?

The labor-force participation rate can be found by the formula:

= Labor force / Working age population

The labor force is:

= Unemployed people + Employed people

The labor-force participation rate is therefore:

= (5 + 228) / 300

= 233 / 300

= 0.7767

= 77.7%

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Why does demand not change when the price of a good changes with no change in the other influences on buying plans?

Answers

Due to the fact that demand contains different prices and different quantities, demand (the table or the graph) does not change when the price changes.

Why an increase in the price of a good does not change the demand for the good?

Demand is not determined by price, hence a change in price does not result in a change in demand. Ceteris paribus, the quantity demanded will shift, and the demand curve will move, if the price of new cars varies. A shift in the price of a good or service does not modify the demand curve; rather, it causes movement along a particular demand curve and often results in some change in the quantity sought. The left-hand graph lists potential demand-increasing circumstances.

Due to the fact that demand contains different prices and different quantities, demand (the table or the graph) does not change when the price changes. Demand does not determine how much we purchase. Note that the ceteris paribus premise is part of our definition of demand. Only the price and quantity desired vary when we create a demand curve.

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______ business processes are static, routine, daily business processes such as stocking inventory, checking out customers, or daily opening and closing processes.

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Regular company operations that are static, routine, and static, such checking out customers, stocking products, or opening and shutting every day. attempts to comprehend the current procedure, measure it, and then enhance performance accordingly.

Financial planning, growth strategies, and stakeholder interactions are examples of strategic business processes, which are dynamic, non-routine, long-term business processes. Employees regularly assess how well the business is able to identify, respond to, and use change at the operational level.

Business operations processes. static, regular, and daily. automation. process of automating manual processes to increase productivity and dramatically reduce operating costs.

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Generally ____ require more technical skills and fewer conceptual skills.
a. executive managers
b. first-line managers
c. middle managers
d. systems managers
e. board of directors

Answers

Generally, first-line managers require more technical skills and fewer conceptual skills.

First-line managers who carry out management tasks on the ground are known as first-line managers. They are the managers who work most closely with the team members, and they are usually in charge of making sure that the team successfully carries out organizational goals every day.

First-line managers are generally in charge of managing a group of workers in a department or team. In general, they ensure that their team accomplishes the daily and overall objectives of a specific organization. First-line managers have a strong connection to organizational operations since they frequently collaborate closely with team members.

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For any two bundles of goods and/or services, a and b, if a is preferred to b, or b is preferred to a, or the consumer is indifferent between a and b, then:____.

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For any two bundles of goods and/or services, a and b, if A is preferred to B, or B is preferred to A, or the consumer is indifferent between A and B, then it is a condition of an indifference curve for the consumer.

What is the significance of an indifference curve?

An indifference curve can be referred to or considered as the curve represented on a graph with the purpose of showing a behavior of a consumer in which he or she views the available products in an economy equally.

Therefore, the significance regarding an indifference curve has been aforementioned.

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What is the percentage increase if the s&p 500 index is currently trading at 1,100 and rises 55 points?

Answers

The increase in the s&p;

P is 5%.

% Increase = Points Increase / Original Value

% Increase = 55/1100 = 0.05

The rate of rise is 5% currently trading when expressed as a percentage.

What is trading?

Trading is the purchase and sale of financial instruments for profit. These instruments are made up of a number of assets that have a financial value that fluctuates and you can trade on the direction they move. You've probably heard of stocks, shares, and mutual funds.

You can gain exposure to markets such as the S&

P 500, the FTSE 100,

Global currencies such as the US dollar or the Japanese yen, and even commodities such as lean hog or cattle. It's vital to remember that trading is inherently dangerous, and you could lose more than you anticipated if you don't take the necessary risk management precautions.

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A+house+sold+for+$120,000,+which+was+96%+of+the+list+price.+what+did+the+house+list+for?

Answers

House listed for 4%. So, The correct answer is 4% which is 4800

What is house listed?

A contract that certifies a real estate agent's or broker's authority to manage the sale of real property and to be paid a fee or commission for their services. Real estate listings come in a variety of formats. A general or open listing is a right to sell that may be simultaneously granted to multiple agents or brokers. The ability of one real estate agency to be the only party, aside from the owner, who is allowed to sell the property within a specific time period is known as an exclusive agency listing. One agency is given the sole permission to sell the property for a specific amount of time through an exclusive authorization to sell listing.

Listing price

120,000 - 115200 = 4800

4800/120,000 = 0.04

0.04 * 100

= 4 percent

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The requirement that if one product or service is purchased then another product or service must also be purchased, even if not desired by the customer, is called?

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In antitrust law, the requirement is that if one product or service is purchased, another product or service must also be purchased, even if the customer does not desire it is called a Tie-in Sale.

What is Tie-in Sale?

The selling of one product to a customer with the clearly stated need that they also buy another product. The consumer could not desire the second item, or she might be able to find it cheaper elsewhere. Tie-in agreements that impede competition are prohibited.

Tie-in sales are a sort of restrictive trade practice that involves a supplier requiring that the product's buyer fulfill certain conditions.

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Under which act (or acts) may liability charges be filed against a cpa who has performed a financial statement review for a public company?

Answers

When fees for the prior year audit are still owed, publishing the current year audit report. Pursuant to Section 19(1) of Comptroller and Auditor-General's Duties, Powers and Conditions of Service Act, 1971, audit of the accounts of Government companies is conducted by the Comptroller and Auditor General (C&AG) in accordance with the provisions of the Companies Act, 1956.

To their clients, the shareholders, CPAs are typically liable for either slight or egregious negligence. By becoming a limited liability corporation, CPAs can avoid any personal culpability. A CPA cannot be held accountable for an audit unless they have audited all of the company's affiliates.

When CPA ethics and standards are broken, the consequences can be severe and range from a CPA losing their employment to criminal prosecution to a loss of business for an accounting company.

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The risk that a company may not effectively manage its business and might impair its ability to earn profits is known as?

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The risk that a company may not effectively manage its business and might impair its ability to earn profits is known as Business risk.  Business risk is the possibility that a company or organization will experience lower profits or fail. Anything that jeopardizes a business' ability to achieve its financial goals is considered a business risk. Business risk can result from the interaction of numerous factors.

Managing Business Risk

A company's exposure to risk could ultimately result in decreased sales, revenues, and financial losses. Every day, businesses encounter risks related to doing business in the sector or industry in which they operate.

Although each element that hinders a corporation from operating efficiently or from accomplishing its financial objectives constitutes a business risk, it might be useful to classify them when creating a risk management strategy. Obviously, no strategy can completely eliminate risk, but with careful planning, businesses may identify hazards and take the required action. The two main types of business risks are internal risks and external risks.

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Over the past several decades, the role of human resource management has become more _________ and less _________.

Answers

Over the past several decades, the role of human resource management has become more focused  and less outdated.

How has the role of human resources management changed?

Human resources role is one that has now been altered to become a lot more strategic and aligned in regards to the business objectives.

The role has been altered so as to be able to implement some measures of talent strategies as well as support business results. Human resource professionals is now made up of a lot of roles.

Human resource managers often work together with those of departmental supervisors and top management in handling the business's most important assets which is the people.

Therefore, Over the past several decades, the role of human resource management has become more focused  and less outdated.

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When aristotle said that private property is more highly productive than communal property, he was advocating for.

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When Aristotle said that private property is more highly productive than communal property, he was advocating for individualism.

What is individualism?

This is the term that is used to refer to the social theory that advocates that the people have to be in charge of the freedom of action instead of the state or the nation being in charge of it all. Aristotle was one of the olden days philosophers.

Hence we can say that When Aristotle said that private property is more highly productive than communal property, he was advocating for individualism.

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At the start of the month, a company reported a $34,000 debit balance in its cash account. During the month, the company debited cash for $30,000 and credits cash for $42,000. At the end of the month, the cash account has a.

Answers

Answer:

The ending cash balance equals the beginning cash balance plus cash receipts occurring during the period minus cash payments occurring during the period.

The ending cash balance = $34,000 + 30,000 − 42,000 = $22,000.

Explanation

Cash on Hand is an asset account, and this means that debits raise its amount, while credits decrease that sum. Hence balance will be $22,000.

What  debit balance  of cash indicates ?

Since actual cash payments cannot exceed the actual amount of cash on hand, the cash column of the cash book will always have a debit balance. Q. A credit balance in Mr. X's account in the bank's books is always equal to a debit balance in the bank column of the cash book.

As a result, it is argued that this account contains assets like cash, accounts receivable, inventory, prepaid expenses, buildings, equipment, and so on. For instance, a positive cash balance is indicated by a debit balance in the Cash account. (Therefore, a credit balance in Cash denotes a negative sum most likely brought on by writing checks for amounts greater than the available funds.)

A checking account with a bank that has a debit balance is one that has a negative cash balance. Such an account is referred to as being overdrawn, but it is actually not permitted to have a negative balance because the bank refuses to accept any checks that are presented against it and would result in a debit balance.

Hence the balance in cash account will be

[tex]34000+3000-42000\\= $22,000\\[/tex]

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A simplified version that is used informally for analysis instead of drawing a formal general ledger account is referred to as a?

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A T Account is a simplified version used informally for analysis instead of drawing a formal general ledger account.

T Accounts Presented. Debits and credits can represent increases or decreases for various accounts, but in a T Account, the debit is, by convention, always on the left and the credit on the right. Regardless of the type of account, the debit side is always on the left, and the credit side is always on the right.

The account name is then written directly above the top horizontal line, and below that, split by the vertical T of the letter, debits are reported on the left, and credits are recorded on the right. A ledger account is another name for a T-account.

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The financial reporting for private not-for-profit entities primarily focuses on:_______

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The financial reporting for private not-for-profit entities primarily focuses on the basic information for the organization as a whole.

Financial reporting involves the process of communicating and documenting the financial activities and performance over the specific time periods, which is usually on a quarterly or yearly basis. Organizations use financial reports to organize accounting data and report on the current financial status of an organization.

So the financial reporting for private entities which are not-for-profit, primarily focuses on the basic information for the organization as a whole.

Hence, such non-profit entities are required to submit their financial statements and other information as well.

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What is paulie's opportunity cost of producing one cup of ice cream (round to two decimal places)?

Answers

Paulie's opportunity cost of producing one cup of ice cream is 8.5 t-shirts.

What is the opportunity cost?

The potential benefits that a person, investor, or business forgo while choosing between two possibilities are known as opportunity costs. Opportunity costs can be easily disregarded since they are by nature invisible. Understanding the potential opportunities missed when a business or individual chooses one investment over another is necessary for making wiser decisions.

To accurately calculate opportunity costs, it is necessary to balance the benefits and drawbacks of each option.

Opportunity costs have a value that can assist individuals and organizations in making more profitable choices.

Here, the opportunity cost for Paulie for ice cream will be calculated by dividing 17 by 2 Thi will be:

= 17 / 2

= 8.5 t-shirts

Therefore Paulie's opportunity cost of producing one cup of ice cream is 8.5 t-shirts

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In a dna double helix, what kind of chemical bonds form between the complementary nitrogenous bases?.

Answers

The type of the chemical bond form between the complementary nitrogenous bases is called hydrogen bonds.

What is the meaning of chemical bond?

A chemical bond seems to be what retains atoms in molecules around each other. Electrostatic attraction among positive electrode nucleons and electrons with negative charges produce bonds.

Hydrogen bonds are weak interactions formed when a carbon atom in one molecule interacts with an unpaired electron in another. In a DNA double helix, hydrogen bonds hold complementary base pairs together.

Therefore, it can be concluded that hydrogen bond forms the complementary nitrogenous bases.

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The ________ function calculates the current value of an investment given a fixed discount rate.

Answers

The Excel NPV function is a financial function that calculates the net present value (NPV) of an investment using a discount rate and a series of future cash flows.

How do you calculate NPV using Excel? The Excel NPV function is a financial function that calculates the net present value (NPV) of an investment using a discount rate and a series of future cash flows.Excel has an in-built NPV function with the following syntax: NPV(rate, value1, [value2]

The current value of an investment Keywords:Net present value (NPV) can help companies determine the financial viability of a potential project.It's especially useful when comparing more than one potential project or investment.NPV is an essential tool for corporate budgeting.You can use Excel to calculate NPV instead of figuring it out manually.An NPV of zero or higher forecasts profitability for a project or investment; projects with a negative NPV forecast loss.

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Net sales for a company are $250,000. average accounts receivable are $10,000. the accounts receivable turnover for this company is:_________ .

Answers

This company has a 25 accounts receivable turnover rate.

How Do Net Sales Work?

The total of a company's net sales is its gross sales less any returns, allowances, and discounts. . They can frequently be taken into account when calculating top line revenues that are shown on the income statement.

The financial report that is generally used when examining a company's revenues, revenue growth, and operational costs is the income statement.

The three sections of the income statement allow for the analysis of direct expenses, indirect costs, and capital costs. Net sales are shown in the direct costs section of the income statement.

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Budget company pays a dividend to its shareholders for $5,000. recording this transaction will include a debit to?

Answers

The budget company pays a dividend to its shareholders for $5,000. recording this transaction will include a debit to dividends.

A shareholder of a company is a man or woman or felony entity that is registered by means of the enterprise because of the legal proprietor of stocks of the share capital of a public or private organization. Shareholders may be referred to as members of an agency.

A shareholder is any character, company, or group that owns shares in an enterprise's stock. An employer shareholder can hold as little as one percent. Shareholders are difficulty to capital profits (or losses) and/or dividend bills as residual claimants on a firm's earnings.

The definition of a shareholder is someone who owns shares in an organization. a person who owns inventory in Apple is an instance of a shareholder.

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It is important for a good economic model to predict cause and effect so that it can?

Answers

The ability to forecast cause and effect is crucial for a solid economic model since it enables it to both explain past events and foresee potential future ones.

A model of the economy's importance

Its main goal is to describe and examine the prices and volume sold in a market that is competitive. In relation to price and other factors, the equations of the model define the level of supply and demand (for example, income).

What conclusions do economic models draw?

A simplified representation of reality, an economic model enables us to observe, comprehend, and forecast economic phenomena. A model's goal is to simplify a complex, real-world scenario so that only the most important elements remain.

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An employee makes an hourly rate plus any tips they earn. this tip employee made a total of $400 by working 28 hours last week. if $253 of their total earnings was their tips, what is their hourly rate of pay? a. $5.25 b. $5.61 c. $8.82 d. $9.04 please select the best answer from the choices provided a b c d

Answers

Answer: A

Explanation:

The new york times reported that the average base salary of a data scientist is $85,000 competitive bonus.
a. true.
b. false

Answers

The New York Times reported that the average base salary of a data scientist is an $85,000 competitive bonus is a false statement. Thus, option B is correct.

What is the salary?

A salary can be defined as the amount that is paid to a person by the employer for the work that he or she has done.

The report that said the data scientist's average salary is around, $85000 with a competitive bonus is a wrong statement as the package value of that person will be greater than the general amount that is going on for that particular job for a data scientist. Therefore, option B is the correct option.

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If brazil gives up 3 automobiles for each ton of coffee it produces, while peru gives up 7 automobiles for each ton of coffee it produces, then:_____.

Answers

If brazil gives up 3 automobiles for each ton of coffee it produces, while peru gives up 7 automobiles for each ton of coffee it produces, then Brazil should focus on producing coffee because it has a competitive edge in this area.

What does Brazil have a comparative advantage in?

Brazil is rich in minerals, especially iron ore, but it also has oil and other basic materials. Although technically speaking they are economic rents rather than comparative advantages, they nonetheless exist and the majority of other nations do not.In terms of actual comparative advantage, it is the low-cost producer of a number of agricultural items, most notably sugar, where Brazil is unquestionably the global heavyweight, but also soy, cotton, coffee, and other crops, as well as beef, poultry, and other protein.Brazil's issue is not its producing side. In general, they are effective producers. It relates to infrastructure. Usually, the top three producers of most commodities are the US and Brazil.

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A c character literal is enclosed in ________ quotation marks, whereas a string literal is enclosed in ________ quotation marks.

Answers

A C++ character literal is enclosed in single quotation marks, whereas a string literal is enclosed in double quotation marks. Programming Language C ++ is a computer programming language that can be used to create various applications (general-purpose programming language), and is a development of the C programming language.

The C++ language is sometimes referred to as "C with Classes". This is because the main difference between the C and C++ languages is in the support for object oriented programming. The C++ language already supports object-based programming, while the C language does not. Because it is a general-purpose programming language, which is a programming language that can create various applications, the C++ programming language can be used to create desktop applications such as antivirus, image processing software, word processing applications, and to create language compilers. other programming.

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The five-forces model helps to determine both the nature of competition in an industry and the profit potential for the industry. true/ false

Answers

It is true that the five-forces model helps to determine both the nature of competition in an industry and the profit potential for the industry.

What Are Porter's Five Forces? Porter's Five Forces provides a framework for analyzing a company's competitive environment.Porter's Five Forces are a useful framework for assessing the competitive forces that affect a range of business industries.Michael E. Porter, a professor at Harvard Business School, developed it in 1979, and it has since developed into a crucial management tool.These factors include possible new market entrants, suppliers, customers, and replacement items that affect a company's profitability. These forces can be both many and powerful.The examination of the Five Forces can be utilized to direct business strategy and boost competitive advantage.

Porter's five forces are:

Competition in the industry.Potential for new competitors to enter the marketInfluence of suppliersInfluence of consumersReplacement product risk

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