Which Form of Business Organization Accounts for the Largest Proportion

question 246

Multiple Choice

Which form of business organization accounts for the largest proportion of sales in the United States?

• A) the corporation
• B) the partnership
• C) the proprietorship
• D) the subchapter S partner-based proprietorship.

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Definitions:

Resource Acquisition

The process of obtaining resources necessary for the operation of an organization or project.

No Substitute

The assertion that certain elements or aspects cannot be replaced by alternatives without loss of value or function.

Member Skills

The abilities and expertise possessed by members of a group or team that contribute to its overall success.

Clear Role Expectations

Defined as the clarity and understanding of each team member's responsibilities and duties within an organization or project.