1.lucille's venture is finally taking off. to make sure the busniess grows as she would like. she should consider....
A. stepping down as CEO in favor of somone with more expereince
B. Investing in extensive traning for her employees
C. enticing management candidates away from her competitors
annabel operates a local hardware store that she inherited from her parents. when she took? over, she updated the? point-of-sale equipment and installed a customer database. annabel is? a(n) ________
A. small business owner
B. enterpreneur
C. venture capitalist
2. geneva needs additional capital to launch her business but does not want to share management responsibility with partners. neither does she want to pay the high taxes often assessed on businesses. her best option may be? a(n) ________.
A. C corporation
B. LLP
C, S corportation
1. B. Investing in extensive training for her employees
In this case, Lucille should consider i to make sure the business grows as its her employees who would be able to run the operation of the business and the more skillful and trained they will, the more business will grow.
A. small business owner
In such a case, Annabel is a small business owner as she has got a local hardware store from her parents and that comes as a small business unit.
2. C. S corporation
In this case, her best option may be S corporation. As, the kind of authority and tax benefits Geneva is looking for, it’s the S corporation which has those kind of provisions.
1.lucille's venture is finally taking off. to make sure the busniess grows as she would like....
Case 2: Going to The X-Stream Gil Reihana is the chief executive officer of X-Stream, an Auckland-based company that assembles personal computers for the New Zealand and Australian markets, and sells them through a number of chain stores and independent retailers. He started the company six years ago, at the age of 25, after graduating from university with a Bachelor’s degree in Information Technology and Management. To establish the company, Reihana invested $300 000 he had inherited and persuaded various...