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The Most Common Form of Business Organization in the United

question 84

True/False

The most common form of business organization in the United States is the sole proprietorship.


Definitions:

Transformational

Pertaining to a significant change or transformation, often referring to leadership or organizational change that inspires and motivates.

Transformational Leader

A type of leadership style that inspires positive changes within individuals and social systems, motivating followers to exceed expectations.

OCB

Organizational Citizenship Behavior, which represents voluntary, extra-role activities performed by employees that contribute to organizational effectiveness.

Trust

A psychological state in which one has a willingness to be vulnerable and to take risks with respect to the actions of another party.

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