By Definition, a Proprietorship Is

question 76

Multiple Choice

By definition, a proprietorship is

• A) owned by many shareholders.
• B) a large manufacturing concern.
• C) owned by a single individual.
• D) managed by a large group called the "board of directors."

---

Definitions:

Senior Leaders

High-ranking executives within an organization responsible for making significant decisions, setting strategic directions, and ensuring overall organizational success.

Australia

A country located in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands.

Mentoring

Assigns early-career employees as protégés to more senior ones.

Senior Person

An individual who holds a higher position or rank within an organization, often associated with greater experience or tenure.