Management and ownership roles would most likely be separate in what type of business structure?
A) sole proprietorship
B) general partnership
C) corporation
D) limited liability partnership
E) unlimited partnership
C
Explanation: C) In sole proprietorships, general partnerships, and limited liability partnerships, owners are usually the managers as well. In corporations, shareholders are the owners and usually do not participate in the management roles. Rather, they elect directors who appoint officers that manage the day-to-day operations.
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Cultural change is likely to take place when a dramatic crisis occurs
Indicate whether the statement is true or false.