Illustrate the advantage and disadvantage of Corporations
Illustrate the advantage and disadvantage of Corporations?
Expert
Advantages: improved ability to raise financial capital (money); defining and comparing stocks and bonds; limited liabilities; corporations have a permanence that is conducive to long-run planning and growth.
Disadvantages: red tape and expense in obtaining a corporate charter; unscrupulous business owners sometimes avoid responsibility for questionable business activities.
“The best of all probable worlds is one in that we adopt policies which maximize the happiness of the lots number of people” is a statement of the utilitarian philosophy attributed to: (w) Alfred Korzybski. (x) Hugo Grotius. (y) Xenophon.
Relative to other systems, economies in that people exchange goods or resources directly along with other people for other goods or resources without using money like a usual denominator rely relatively heavily upon: (i) barter. (ii) specialization. (
What happens in the product markets?
Illustrate a fundamental characteristic of demand behavior?
What are the 2 definitions of economics growth?
Illustrate the Public Sector Government’s Role of providing the legal structure?
Explain the impact of external costs and external benefits on resource allocation
Illustrate Scarcity and choice of Economic Perspective?
Can someone help me in finding out the right answer from the given options. In resource markets in a simple circular flow model, house-holds exchange their _________ for _________. (1) Resources | income. (2) Goods | profits. (3) Labor | goods. (4) Devotion | enlighte
Enumerate and briefly discuss the main economic functions of government. Which of these functions do you think is the most controversial? Why?
18,76,764
1926995 Asked
3,689
Active Tutors
1429661
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!