Consumer cooperatives save their members money by keeping prices low by purchasing goods in large volumes at a discount price in exchange for some kind of membership payment of fees. Service cooperatives save their members money by offering a service.

How do corporations raise money and resources to expand? They save business profits. They cash in dividends.

lawyers working for a corporation doctors in a partnership independent workers franchise restaurants in a partnership tax preparer working his own business freelance writers.

The roles that fast-food corporation play when it agrees to franchise its business: The franchisor will supply training, The franchisor will select a location, The franchisor will supply advertising, [ and The franchisor will collect most profits. ] This answer has been confirmed as correct and helpful.

The main difference between preferred and common stock is that preferred stock gives no voting rights to shareholders while common stock does. Preferred shareholders have priority over a company’s income, meaning they are paid dividends before common shareholders.

corporate charter

Explanation: The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.

Which describes the process of how a business incorporates? The business must gain government permission and issue a stock sale, followed by a shareholder vote.

The correct answer is option A. The process of how a business incorporates has the following structure: first, the business must gain government permission, then it must issue a stock sale, which has to be followed by a shareholder vote.

What is a main reason why entrepreneurs experience daily stress? They have considerable responsibility. they learned from their mistakes.

What happens to earnings in a cooperative? They are shared with member owners. are fully responsible for their partners’ losses.

a person with a Ph. D. in biomedicine who enjoys research at a hospital a technician who wants to make a million dollars selling supplements a nurse with a marketable business idea who knows his client base well a medical writer who is tired of her boss and has some leadership skills.

5 Traits of Successful People

• Aspiration. Successful people have clear-cut goals.
• Drive. One of the most defining traits of successful people is their drive.
• Willingness to learn. One of the most important traits of successful people is a genuine desire and willingness to learn.
• Patience. Is patience a virtue?
• Discipline. Success rewards consistency.

Here are 8 ways to reduce business risk:

• Get insurance. One of the best ways to reduce business risk is by getting insurance.
• Diversify your products or services.
• Limit your business loan.
• Know the law.
• Document everything important.
• Hire significant employees.
• Build your reputation.
• Protect your data.

The following are common types of business risk.

• Competitive Risk. The risk that your competition will gain advantages over you that prevent you from reaching your goals.
• Economic Risk.
• Operational Risk.
• Legal Risk.
• Compliance Risk.
• Strategy Risk.
• Reputational Risk.
• Program Risk.

Entrepreneurs face multiple risks such as bankruptcy, financial risk, competitive risks, environmental risks, reputational risks, and political and economic risks. Entrepreneurs must plan wisely in terms of budgeting and show investors that they are considering risks by creating a realistic business plan.

Business Risk Factors

• 1) Market Fluctuations.
• 2) Fluctuations in foreign exchange and interest rates.
• 3) Natural Disasters.
• 4) Competition.
• 5) Implementation of Management Strategies.
• 6) Business Activities Worldwide.
• 7) Strategic Alliance and Corporate Acquisition.
• 8) Financing.