Assume that you recently graduated and have just exposit to work as an investment advisor at the securities star sign firm of Balik and Kiefer Inc. One of the firms clients is Michelle DellaTorre, a professed(prenominal) tennis player who has just come to the United States from Chile. DellaTorre is a highly ranked tennis player who would akin to network a company to produce and market apparel she designs. She still expects to invest substantial amounts of money through Balik and Kiefer. DellaTorre is very bright, and she would manage to understand in general terms what will give-up the ghost to her money. Your boss has developed the following set of questions you must root to explain the U.S. financial system to DellaTorre. a. Why is somatic pay important to all managers? Because it provides the skills managers need to identify and select the incorporate strategies and individual projects that add value to their firm; and forecast the substitute requirements of their company, and devise strategies for acquiring those funds. (week 1 PowerPoint) b. Describe the organizational forms a company might have as it evolves from a start-up to a major corporation. List the advantages and disadvantages of each form. Many companies begin as a sole proprietorship, which is an unincorporated craft owned by one individual.
Starting a business as a proprietor is easyone merely begins business calling operations after obtaining any required city or area business licenses. Advantages: ease of formation, subject to few regulations and no corporate income taxes. Disadvantages: limit ed life, unlimited liability and difficult t! o tog out outstanding to support growth. A partnership exists whenever two or much persons or entities associate to conduct a non-corporate business for profit. Partnerships may operate under different degrees of ceremoniousity, ranging from informal, oral understandings to formal agreements filed with the monument of the state in which the partnership was formed. Partnership agreements confine the...If you necessitate to get a full essay, order it on our website: OrderCustomPaper.com
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