List four advantages and four disadvantages of the partnership form of business
Advantages
Ease of formation, change, and dissolution
Enables pooling of resources and talents
No corporate tax liability
Freedom and flexibility of partners' actions
Disadvantages
Limited life
Mutual agency
Unlimited liability
Difficult to raise large amount of capital and to transfer ownership
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Someone who is a catalyst in helping organizations to deal with old problems in new ways is called a(n):
a. Initiator b. Dynamo c. Recipient d. Change agent e. Mentor
The concept of ______________ encompasses designing structure that considers the manner in which we interact with customers, and design the organization's framework in a way which best facilitates these interactions.
A. expectations of customers B. customer "touch points" C. customer responsiveness D. customer category E. customer relationships