Mike is an avid musician who opened a new music store called mp3s a few years ago. since then mike has become much more knowledgeable about the business and has decided to launch his own record label in order to have more control over the music that he sells in his stores. this is an example of what?

Question

Business

Aron Porter

20 November, 09:42

Mike is an avid musician who opened a new music store called mp3s a few years ago. since then mike has become much more knowledgeable about the business and has decided to launch his own record label in order to have more control over the music that he sells in his stores. this is an example of what?

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Charlize Rodriguez · Answer 1

I would say that if Mike starts a new record label for his music shop, then that would be an example of an owner/operator as he owns and started the business and now he is operating it also, by starting the new record label.