The Form of Business Ownership That Gives the Owner Total

question 53

Multiple Choice

The form of business ownership that gives the owner total control of how the business is run is the

• A) Subchapter S corporation.
• B) partnership.
• C) corporation.
• D) limited partnership.
• E) sole proprietorship.

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Definitions:

Changing Organisations

implies the process of making alterations, adaptations, or improvements within an organization to enhance efficiency, effectiveness, or adaptability to the external environment.

Decision Support Systems

Computer-based systems that help in making business decisions by analyzing vast amounts of data and presenting actionable information.

Advantages and Disadvantages

The positive and negative aspects or outcomes associated with a particular choice or decision.

Organisation Members

Individuals who are officially part of an organization and contribute to its goals and objectives.