When Hiring an Employee, the Sole Proprietor Must

question 15

Multiple Choice

When hiring an employee, the sole proprietor must

• A) file a certificate of assumed name.
• B) file a notice with the secretary of state or other appropriate state official.
• C) obtain a federal employer identification number.
• D) amend the business's certificate of assumed name.

Recognize the importance of both efficiency and attractiveness in operations management within theme restaurants.

Identify the universal presence of a production function across various types of organizations.

Acknowledge the diverse educational backgrounds that can contribute to a career in operations management.

Compare customer interaction levels between manufacturing processes and services.

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Definitions:

Domestic Corporations

Corporations that are incorporated and operate within the same country.

Noncontrolling Interest

A shareholder's equity in a corporation that doesn't give the shareholder a controlling interest, representing a share of equity and earnings not owned by the parent company.

Net Income

The total earnings or profit of a company after subtracting all expenses, including taxes, from its revenues.

Domestic Corporations

Companies that are incorporated and operate within the legal boundaries of a country.