Merrythought is a business that makes teddy bears, located in Ironbridge, Shropshire, in the United Kingdom. The business was founded years ago by Gordon Holmes. It is a private limited company, still owned by the Holmes family and is currently run by Gordon Holmes's great-granddaughter Sarah Holmes.<\/p>
The business has approximately 25 employees and does all its manufacturing in England. It makes a large number of different styles of teddy bears, ranging from \"traditional British bears, to special occasion bears and various \" novelty' bears.<\/p>
<\/p>
Identify and define the type of business the Holmes family is conducting. Justify your answer<\/p>
List its advantages and disadvantages<\/p>", "transcribed_text": "", "related_book": { "title": "Income Tax Fundamentals 2013", "isbn": "1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516", "edition": "31st Edition", "authors": "Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1124.jpg", "uri": "\/textbooks\/income-tax-fundamentals-2013-31st-edition-9781285586618", "see_more_uri": "" }, "free_related_book": { "isbn": "B0CH2CP6PT", "uri": "\/textbooks\/time-and-money-workbook-for-ages-7-11-telling-time-and-counting-money-practice-workbook-for-2nd-3rd-4th-and-5th-grades-with-1500-exercises-with-worksheets-for-homeschooling-or-classroom-1st-edition-979-8859796106-291282", "name": "Time And Money Workbook For Ages 7 11 Telling Time And Counting Money Practice Workbook For 2nd 3rd 4th And 5th Grades With 1500 Exercises With Worksheets For Homeschooling Or Classroom", "edition": "1st Edition" }, "question_posted": "2024-06-28 07:52:27", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-13", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/you-are-the-it-manager-at-a-regional-moving-company", "description": "You are the IT manager at a regional moving company that recently merged with a major competitor. 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