Business Questions
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The joining of firms in completely unrelated industries is a(n) ________ merger
The actions of a fellow franchisee will affect your franchise. This is known as the
The result of two firms (usually corporations) combining to form one company is called a
A merger that joins two companies involved in different but related levels of an industry is a(n) ______ merger.
Bruce is meeting with his accountant to choose whether his LLC is to be taxed as a partnership or a corporation. This advantage of forming an LLC is called:
The joining of two firms in the same industry is a(n) __________ merger
One company's purchase of the property and obligations of another company is a(n)
Many brick and mortar franchisees are using ______ to expand their businesses online to lower costs and better meet the needs of their customers.
Because of the difficulty in ending a partnership, decisions regarding what two areas should be spelled out in a partnership agreement?
A key advantage of LLCs is _________ liability where personal assets are protected.
LLCs can be taxed as ______ or ________, which allows the business owners to choose their method of taxation.
When a soft drink company and a mineral water company merge and then are able to supply a variety of drinking products they have formed a(n) _________ merger.
A merger that joins firms in completely unrelated industries is a:
A company similar to an S corporation but without the special eligibility requirements is an:
In a sole proprietorship, any debts or damages incurred by the business are your personal debts and you must pay them. This disadvantage is known as:
A merger of two firms in the same industry that allows the companies to diversify or expand their products is a(n):
Gathering leads on a company website, selling products and keeping up to date on news via email, and chat rooms all serve as examples of using ________ to assist franchisees and customers.
An advantage of the separation of ownership from management in corporations is that the company can raise money from investors but the investors:
While your are still your own boss as a franchise owner, your territory or selling boundaries may be regulated by the franchisor.
Corporations can raise large amounts of money, take advantage of economies of scale, and hire experts in all areas of operation. This can be summarized as ______ advantage.