Which of the Following Statements Is True of Private Corporations

question 86

Multiple Choice

Which of the following statements is true of private corporations?

• A)Their stock can be bought or sold by anyone.
• B)They do not pay taxes on their income.
• C)Their workforce usually consists of fewer than 50 employees.
• D)They are owned and managed by just one or a few people.
• E)They are required to disclose financial information publicly.

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Definitions:

Pressure of the Group

The social influence exerted by a collective on individual members to conform to the group's norms, values, and behaviors.

Pluralistic Ignorance

A psychological state in which individuals in a group mistakenly believe their thoughts, feelings, or behaviors are different from those of the group, leading to conformity with perceived norms.

Group Members

Individuals who belong to a specific group and contribute to its collective identity, goals, and dynamics.

Benne and Sheats's Typology

A classification of group roles into three categories: task roles, social roles, and individual roles, devised by Kenneth Benne and Paul Sheats.