A. SOLE PROPRIETORSHIP: This is the simplest business structure of which the owner has total control. The owner can make up a fictitious name or use the same name for the business. Sole proprietorship is easy to set up at a minimal cost. The business owner does not need to follow rules or regulations of others but their own and can set up their own schedule. Proceeds can be directly deposited into the owner’s bank account and the funds are freely allocated between business and personal accounts
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TASK 1 Part A: The FMLA was instated by Bill Clinton to allow an employee to leave work to attend to personal health‚ family health‚ and military purposes or for the care of adoption and foster kids. They are allowed to leave for a max of 12 unpaid weeks. To be eligible for the FMLA‚ the employee must work in a company that employs at least 50 employees. In addition‚ they must have been employed for at least 12 months and worked a minimum total hours of 1250. Company X has at least 75 employees
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Human Resources Task #2 A.(1) Decision Alternative The three possible alternatives that could be implanted to resolve the whistle problem are as follows: The company could consider reproducing and repackaging the whistles since it did not meet the lead requirements. The company could consider changing the market age group; the product could be targeted for kids above 8 years old. The company could send the shipment to another country whose lead requirements meet the amount detected
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JGT2 Task 3 Memo The question has been presented as to the best option regarding production for Shuzworld. There are several factors that should be considered when making this analysis. It has been provided that the costs of reconditioning the current equipment will be $50‚000 fixed costs and $1‚000‚000 variable costs. Additionally‚ purchasing new equipment will produce fixed costs of $200‚000 and variable costs of $500‚000 and outsourcing will have no fixed costs with variable costs of $300
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JET Task 5 A1. Key Points Banks are concerned with Custom Snowboards liabilities and assets. They are interested in assets as this is what Customer Snowboards will use to generate funds to repay the loan. Banks are interested in liabilities as this is what Custom Snowboards currently owes other creditors. Custom Snowboard‚ Inc. showed a small decrease of 3.40% in net sales from Year 13 to Year 14. This slight reduction can be attributed to the decline in the current economic situation
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Part A Sole proprietorship Sole proprietorships are the most common type of business in the U.S. They are most commonly chosen because they are the easiest type of business to set up and give the sole owner of the company complete control of the company. There are many benefits to a sole proprietorship in regards to control‚ profit retention‚ and convenience. In regards to control‚ the owner of a sole proprietorship has the final say in any decisions. Due to the fact that there are no shareholders
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part of the implementation of the VoIP‚ but IT staff will require 8 hours of training at $125 per hour costing $1‚000 to learn how to administer setup and make changes to the VoIP telephone systems. Additional training for IT staff will be budget for two years to ensure the IT staff has a good understanding and working knowledge of the IP PBX system and any unresolved question after completing the first year training. The biggest cost of moving to VoIP telephone system is the hardware cost associated
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From the given company information and profile‚ it seems that Company Q’s current attitude toward social responsibility could be improved. Customers are not only interested in what products and services stores offer‚ they are also interested in how the companies serve the community. Company Q needs to change a few policies in order to improve their current social standing in the views of their customers. First‚ closing stores in areas of need is not a customer-friendly policy. Next‚ offering
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Biochemistry‚ GRT1 Task 2 Essential Amino Acid Valine A1: 2 Characteristics of Valine • Valine is a nonpolar amino acid‚ with many carbons surrounded by hydrogen. Valine is unable to interact with water molecules‚ making it HYDROPHOBIC (MSDS‚ 2005). • Flammability- Valine is combustible at high temperatures. These products are carbon oxides and nitrogen oxides. In case of a small fire‚ dry chemical powder should be utilized. In case of a large fire‚ utilize water spray‚ fog or foam. No water
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Task In this given situation a company exists in a monopolistic competition where a company sells widgets. As more widget are sold the company must offer discounts on the product in order to sell more units. The table below includes the Total Revenue and Total Cost information needed to perform marginal revenue and marginal cost calculations that will be explained below. Quantity0123456789101112131415Quantity0123456789101112131415 TR$0.00$150.00$290.00$420.00$540.00$650.00$750.00$840.00$920
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