Our shop sells the best sneakers around charlotte!
I will be providing many variety of shoes to sell. my company will be a sole proprietorship because i will own it by myself. some disadvantages i will have is unlimited personal liability, limited access to resources, and limited life. my advantages will be full control of business, easy to discontinue, and easy start up. If i merge it will be into a horizontal merger because there will be other companies selling the same shoes as me. and vertical merger because other companies will try to produce the same product in other cheaper ways. factors of production: land- cotton. labor- employees. physical capital- machines for factories. human capital- skills to sell or promote. entrepreneur- Gloria (owner).