This topic contains a solution. Click here to go to the answer

Author Question: An advantage of a proprietorship is A) it requires a minimum of paperwork. B) it can provide ... (Read 36 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
An advantage of a proprietorship is
 
  A) it requires a minimum of paperwork.
  B) it can provide complementary skills that can create more opportunities for the enterprise.
  C) it has limited liability.
  D) the personal assets of the owner are separate from the business.

Question 2

What are the three criteria for an effective strategic action plan?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Joc

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

A

Answer to Question 2

To be effective, a strategic action plan should meet the criteria of proactivity, congruency, and synergy. Proactivity is the degree to which the strategic action plan takes a long-term view of the future and actively moves the company forward in the desired direction. Congruency is the extent to which the strategic action plan fits with organizational characteristics and the external environment. Synergy is the integration of the efforts of various organizational subunits to better accomplish corporate-wide business objectives.




michelleunicorn

  • Member
  • Posts: 565
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)


31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

For a complete list of videos, visit our video library