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

Author Question: Loren LLC is a small bicycle store that competes effectively with much larger companies since it ... (Read 50 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
Loren LLC is a small bicycle store that competes effectively with much larger companies since it focuses exclusively on selling bicycles for senior citizens and orthopedic patients. The company has been successful since it has:
 A) exploited a small but profitable market niche.
  B) worked to undercut larger competitors.
  C) attracted the best talent in the bicycle market.
  D) acquired a patent for these bicycles.

Question 2

The form of business organization that comprises about 19 percent of all businesses in the United States is the
 A) joint venture.
  B) syndicate.
  C) sole proprietorship.
  D) partnership.
  E) corporation.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jossy

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

A

Answer to Question 2

E




ec501234

  • Member
  • Posts: 573
Reply 2 on: Jul 14, 2018
Thanks for the timely response, appreciate it


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

For a complete list of videos, visit our video library