An Advantage of the Company Form of Business Is That

question 5

Multiple Choice

An advantage of the company form of business is that:

• A) it has a limited life.
• B) its owners have a say in the day-to-day operations of the company.
• C) it has the ability to raise large amounts of capital.
• D) it is cheap and easy to establish.

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Definitions:

Immediate Returns

Earnings or benefits that are received quickly or immediately after an investment or action is made.

Capitalist

An economic system where private individuals own and control property and businesses, operating them for profit.

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.

Sustainable Innovation

The creation of new products, processes, or technologies that meet current needs without compromising the ability of future generations to meet their own needs.