Assume that you are starting a business. Further assume that the business is expected to grow very quickly and a great deal of capital will be needed soon. What type of business organization would you choose?

A) Corporation
B) General Partnership
C) Sole proprietorship
D) Limited partnership

Answer: A

Business

You might also like to view...

The statistical definition of Six Sigma allows for 3.4 defects per million. This is achieved by what Cpk index value?

A) 6 B) 1 C) 1.33 D) 1.67 E) 2

Business

The Dean's laissez faire attitude hit its zenith when he had missed five department chair meetings in a row despite the pressing needs of the MBA Curriculum Revision Team

No one was sure what to do so they did nothing, and the MBA program remained as it had always been as the revision team slunk back to their offices. If only there had been: A) Better leadership, the project might have succeeded. B) Less turnover among project members, the project might have succeeded. C) A clear goal, the project might have succeeded. D) More motivation among team members, the project might have succeeded.

Business