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You need to create a legal structure for your small business. You would like some of the benefits enjoyed by large corporations, but do not want to be taxed twice. You have four partners who will be shareholders. None of you plan to sell your ownership shares to the public, but do want to be protected from business liabilities. Which legal structure should you set up for your business? Sole Proprietorship Limited Liability Company C-Corporation S-Corporation

For each statement about the Selection of Distribution Channels, select True or False. Note: You will receive partial credit for each correct selection. 0000 Perishable products require more direct distribution. Products that are bulky.large in size, and technically complicated are usually sold through multiple handlers before reaching the end customer. Product price affects the length of a distribution channel. True

Select the correct answer. During a visit to Mexico, Jada was thirsty and wanted to buy a drink. It was the middle of the day, yet Jada coul best explains why Jada could not find an open store? A. Businesses in Mexico are only open in the morning hours. B. The stores were closed temporarily in observance of siesta time. C. Jada was attempting to use the U.S dollar, not the Mexican peso. D. In an attempt to save energy, Mexican businesses are only open on certain days of the week.

Complete each statement about business compensation structure by selecting the correct option from each drop-down list. Note: You will receive partial credit for each correct selection. square square 0000 An example of __ compensation is paying field laborers for the amount of fruit they pick. A __ employee receives a set amount of pay each month without overtime compensation for extra hours worked. Employees most affected by minimum wage laws are compensated __ An employee who is paid a percentage of a sale is paid by __ square v square

A photographer wants to do a SWOT Analysis with the characteristics identified. Setup a SWOT analysis with the characteristics provided about this business by matching the company characteristic with the appropriate SWOT element. To answer, drag the company characteristic from the column on the left to the corresponding SWOT element on the right. Large gallery of stock photos Working alone, no skilled help COVID pandemic restrictions disallow large Weaknesses family gatherings Increase in weddings expected as COVID restrictions ease Opportunities Threats