The advantage of a limited liability company is
A. Informal organizational procedures.
B. Unlimited liability only for members that actively participate in management.
C. Each member's receipt of an equal share of profits.
D. Tax status as a pass-through entity.
Answer: D. Tax status as a pass-through entity.
Business
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Define commercialization. Explain two important decisions the company must make during this stage
What will be an ideal response?
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The success of an OD program, to a large extent, is dependent on the fit between _____
a. OD values and organization values b. managerial efficiency and managerial effectiveness c. organization vision and rewards for change d. motivational climate and organizational effectiveness e. top management and the organization's founders
Business