Briefly discuss the terms and concepts presented below within the space provided or on a separate sheet attached to this exam. Please read each term carefully and provide a brief explanation of your understanding of the business financial significance of the term. Five points each for a total of 20 points
A. Discuss the key relevance of a the specialized terms that follow, namely, General Partners, LLPs, LLCs, PCs and Subchapter S corporations.
B. Briefly Discuss & Define the differences between Primary markets, secondary markets and publicly- held companies in terms of their relevance to the ownership and management of your firm.
C. Discuss the major differences between for-profit, not-for-profits and investor-owned corporations. Why are they important in terms of your company?
D. There is a business model used to determine the profitability predictions for your firm. It is called Cost-volume-profit analysis. Briefly discuss your understanding of this model with emphasis on its relevance in projecting the performance of your company.