In a sole proprietorship, the proprietor has significant flexibility in managing the business

In the partnership agreement of a limited partnership, all of the following would be disclosed EXCEPT:

A) what matters the limited partners can vote on under the democracy provisions. B) the procedures for the annual election of general partners. C) how the general partners will be compensated. D) how the operating profits will be distributed.

OM's transformation role is to add value. Value added is

a) performing activities well for the least possible cost b) the net decrease between output product value and input material value c) increasing product value in the first stage d) the net increase between output product value and input material value e) customizing a product, regardless of expense, to satisfy customer needs