What does it mean to be operating a firm in the "long
run?" What does it mean to be operating a firm in the
"short run"? What are the practical implications for
managing a business if you are in "short run?"
1.How organize the business as a partnership? What
advantages does the partnership form of Organization offer the
business? What are the disadvantages of the partnership form of
organization?
2.In the business a general partnership or limited
partnership?
3.Do the partners have a written partnership
agreement? What type of the agreement commonly used?
1.How organize the business as a partnership? What
advantages does the partnership form of Organization offer the
business? What are the disadvantages of the partnership form of
organization?
2.In the business a general partnership or limited
partnership?
3.Do the partners have a written partnership
agreement? What type of the agreement commonly used?