Imagine that you own a small coffee shop and you are considering expanding your business through one or more options. One option is to merge with the gift shop next door. Another option is to purchase the bakery from which you buy pastries to sell to your customers along with their coffee and tea. Yet another option is to open another coffee shop in a different neighborhood.
You decide to purchase the bakery and continue to allow the current manager to run that business. However, you will order supplies and handle accounting for both the coffee shop and bakery in a central office.
What type of corporate-level decision is this?
a) Scope of business
b) Organizational design
c) Ownership
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Imagine that you own a small coffee shop and you are considering expanding your business through one or more options. One option is to ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
If i activate a new debit card does it cancel the old one
Answers (1)
Leased a delivery truck to YA right after purchasing it for $40,000 on December 31, 2021. Its retail value is $45,114.
Answers (1)
Which of the following is true about an income statement? a. The income statement accurately represents all cash inflows and outflows for a given period of time. b. The income statement is reported on an accrual basis. c.
Answers (1)
Phil's filling station gas station operates on a patch on the highway in a patch where there were no gas stations close by. It enjoyed high profits. After a while, Glen's gas another gas station opened up close by.
Answers (1)
A single branch of Simpson Shoes has been operating since 1917. A new marketing team member suggested they look into Local Inventory ads. The owner, Bert Simpson, is concerned about where potential customers might see the ad.
Answers (2)
New Questions in Business
In year 1, the Consumer Price Index was 120 and the average nominal income was $30,000. In year 2, the Consumer Price Index was 125 and the average nominal level of income was $32,000. What happened to real income from year 1 to year 2?
Answers (1)
Coral Think Inc. is a new company in the publishing industry. It has raised sufficient capital from multiple sources. It is planning to use its capital to purchase certain assets.
Answers (1)
During July at Loeb Corporation, $83,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $4,000.
Answers (1)
The partnership agreement of E Smith and N Patel state that Smith receives 30% and Patel 70% of partnership income and losses. The partnership net income is $100,000 and is allocated to the partners when the income summary account is closed.
Answers (1)
What causes changes from one phase of the business cycle to another?
Answers (1)