Which of the Following Is a Reason for Forming an Organization

question 34

Multiple Choice

Which of the following is a reason for forming an organization?

• A)To help individuals in need.
• B)To increase one's wealth.
• C)To maximize shareholder value.
• D)To serve the public.
• E)All of the above are reasons for forming an organization.

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Definitions:

Full-Service

A type of service that includes a comprehensive range of offerings to cater to all aspects of a customer's needs.

Limited-Service

A business model where the service provider offers a narrowed or reduced range of services or products to its customers.

Self-Service

Business or retail models that allow customers to perform services independently without the need for direct service employee assistance.

Costco

A multinational corporation that operates a chain of membership-only warehouse clubs, known for selling bulk goods at low prices.