Which of the Following Is a Characteristic of a Corporation

question 350

Multiple Choice

Which of the following is a characteristic of a corporation but not of a small family-owned business?

• A)The corporation buys inputs in markets for the factors of production.
• B)The corporation sells output in markets for goods and services.
• C)The corporation is guided in its decisions by the objective of profit maximization.
• D)The corporation faces a principal-agent problem created by the separation of ownership and control.

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Definitions:

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Presentation Effectiveness

The impact or success of a presentation in conveying its message and engaging its audience.

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Consumers expressing dissatisfaction or frustration with a product or service.

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The act of supplying or making available information to individuals or groups.