subject
Business, 22.01.2021 19:00 Crxymia

An entrepreneur has an idea for a new product in the technology industry. The product will require an initial investment to develop, manufacture, market, and distribute the product. While the product has unique applications that are not currently available to consumers, the industry has barriers to entry in terms of consumer brand loyalty, manufacturing, and product distribution. The entrepreneur is trying to decide what type of business organization to create for the production and sale of the product. For which goal would the entrepreneur be BEST served by choosing to start a corporation rather than a sole proprietorship or partnership?

A

raising capital for manufacturing and distribution

B

maintaining control over product development

C

getting the product to market quickly

D

minimizing the long-term tax burden

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
Answers: 2
question
Business, 22.06.2019 11:50
After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?
Answers: 1
question
Business, 22.06.2019 14:00
Why is efficiency an important economic goal?
Answers: 2
question
Business, 22.06.2019 19:30
Each row in a database is a set of unique information called a(n) table. record. object. field.
Answers: 3
You know the right answer?
An entrepreneur has an idea for a new product in the technology industry. The product will require a...
Questions
question
Spanish, 27.06.2019 13:00
Questions on the website: 13722361