Which Category Includes the Largest Number of Firms

question 44

Multiple Choice

Which category includes the largest number of firms?

• A)Sole proprietorship
• B)Partnership
• C)Corporation
• D)S corporation
• E)Limited partnerships

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Definitions:

Merit Principles

Guidelines that govern the fair and impartial treatment of government employees, focusing on performance and qualifications.

Independent Sector

A term often used to describe the collection of organizations and institutions that operate outside of the government and for-profit sectors, usually encompassing nonprofits and voluntary organizations.

McGregor's Theory Y

A management concept that assumes employees are self-motivated, seek responsibility, and can solve problems creatively.

Scientific Management Theory

A theory of management that analyzes and synthesizes workflows, with the goal of improving economic efficiency and labor productivity.