- Has limited liability/shareholders debts do not go beyond their contribution
- Separate legal entity/firm and share holders act as different entities
- Perpetual succession-death of a member does not lead to dissolution
- Earn dividends/shareholders earn dividends when the firm makes profits
- Free sale of share/an investors may buy or sell shares as he wishes
- Professional management-can employ highly qualified personnel leading to high profits
Partson254 answered the question on June 14, 2018 at 03:58
-
Discuss five causes of the persistent balance of payment disequilibrium in East African countries.
(Solved)
The question comes on a topic of Entrepreneurship in the Business Studies.
Date posted:
June 14, 2018
.
Answers (1)
-
Most companies have a closed office layout. Explain five problems that are faced by such companies?
(Solved)
Most companies have a closed office layout. Explain five problems that are faced by such companies?
Date posted:
June 14, 2018
.
Answers (1)
-
External factors that may positively influence operation of a business
(Solved)
External factors that may positively influence operation of a business
Date posted:
June 12, 2018
.
Answers (1)
-
Outline the differences between individual and industrial consumer decision making process
(Solved)
Outline the differences between individual and industrial consumer decision making process.
Date posted:
June 11, 2018
.
Answers (1)
-
Critically discuss the measures of national income.
(Solved)
Critically discuss the measures of national income.
Date posted:
June 8, 2018
.
Answers (1)
-
Explain how the government can use fiscal policy instruments to close deflationary gap.
(Solved)
Explain how the government can use fiscal policy instruments to close deflationary gap.
Date posted:
June 8, 2018
.
Answers (1)
-
Critically discuss any four assumptions of Keynesian theory of employment and income determination.
(Solved)
Critically discuss any four assumptions of Keynesian theory of employment and income determination.
Date posted:
June 8, 2018
.
Answers (1)
-
What are differences between spirit duplication and ink stencil duplication?
(Solved)
What are differences between spirit duplication and ink stencil duplication?
Date posted:
June 6, 2018
.
Answers (1)
-
Explain the benefits of positive employee relations.
(Solved)
Explain the benefits of positive employee relations.
Date posted:
June 1, 2018
.
Answers (1)
-
Describe the features of Maslow’s motivation theory
(Solved)
Describe the features of Maslow’s motivation theory
Date posted:
June 1, 2018
.
Answers (1)
-
Describe the reasons why a competitor may be interested in the financial information of an organisation.
(Solved)
Describe the reasons why a competitor may be interested in the financial information of an organisation.
Date posted:
June 1, 2018
.
Answers (1)
-
Describe the advantages to an organisation of using cash budgets.
(Solved)
Describe the advantages to an organisation of using cash budgets.
Date posted:
June 1, 2018
.
Answers (1)
-
Explain the disadvantages of just in time stock control.
(Solved)
Explain the disadvantages of just in time stock control.
Date posted:
June 1, 2018
.
Answers (1)
-
Discuss the advantages and disadvantages of centralised stock storage.
(Solved)
Discuss the advantages and disadvantages of centralised stock storage.
Date posted:
June 1, 2018
.
Answers (1)
-
Compare the use of random sampling and quota sampling when carrying out market research.
(Solved)
Compare the use of random sampling and quota sampling when carrying out market research.
Date posted:
June 1, 2018
.
Answers (1)
-
Describe the sales promotions which could be used when launching a new product.
(Solved)
Describe the sales promotions which could be used when launching a new product.
Date posted:
June 1, 2018
.
Answers (1)
-
Discuss unethical issues related to research writing that are common in Kenyan middle and higher institutions today
(Solved)
Discuss unethical issues related to research writing that are common in Kenyan middle and higher institutions today
Date posted:
June 1, 2018
.
Answers (1)
-
Outline four ways in which clothing satisfies human wants
(Solved)
Outline four ways in which clothing satisfies human wants
Date posted:
June 1, 2018
.
Answers (1)
-
Describe the influence stakeholders could have on an organisation
(Solved)
Describe the influence stakeholders could have on an organisation
Date posted:
June 1, 2018
.
Answers (1)
-
Discuss the use of outsourcing by an organisation.
(Solved)
Discuss the use of outsourcing by an organisation.
Date posted:
June 1, 2018
.
Answers (1)