Categories: All - corporation - scarcity - entrepreneurship - profit

by letsee udance 11 years ago

546

entrepreneurship

Business structures such as sole proprietorships, partnerships, and corporations each have unique characteristics and implications for ownership and decision-making. Sole proprietorships are managed by one individual, partnerships involve shared ownership, and corporations are distinct legal entities that can issue stocks.

entrepreneurship

entrepreneurship

ownerships

Corporation
Partenership
Sole proportiership

Definitions

equilibrium price: point where demnd curve
routine decisions: regular decisions with less impact
Common stocks: shareholders become owners
prefered stocks: pays dividens to shareholders, does not represent ownership
Scarcity: limited resources
stocks: business share the value indicates the statues of the company
Profit: what is left of a business income after the expenses of doing business have been substracted.