A_________ Is an Association of Two or More Persons to Carry

question 86

Multiple Choice

A_________ is an association of two or more persons to carry on, as co-owners, a business for profit, where each owner owns a share of the business and is personally liable for the firm's profits or losses.

• A) sole proprietorship
• B) professional corporation
• C) partnership
• D) business corporation

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Definitions:

P-to-O Expectancy

The perceived probability that one's effort will lead to desired performance outcomes, often discussed in the context of motivation theories.

Job Performance

The degree to which an employee executes their job duties and responsibilities efficiently and effectively.

Need For Achievement

A psychological drive that motivates individuals to accomplish tasks, achieve goals, and set challenging objectives for themselves.

Learned Needs Theory

A theory suggesting that individuals' needs are acquired over time based on their life experiences, affecting motivation and behavior in organizations.