Which of the Following Types of Organizations Can Have Both

question 8

Multiple Choice

Which of the following types of organizations can have both operating and support departments?
I. Manufacturing
II. Service
III. Retail
IV. Governmental

• A) I and II only
• B) II and III only
• C) I and IV only
• D) I, II, III, and IV

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Definitions:

Sample Business Plan

A document that provides an example or template of a business plan layout, including company description, market analysis, and financial projections.

Corporation

A legal entity that is separate and distinct from its owners, capable of conducting business, entering into contracts, and owning assets.

Corporate Form

A legal structure for organizing a business as a separate legal entity, distinct from its owners, with its own rights and liabilities.

Advantages

The positive aspects or benefits associated with a decision, strategy, or action.