Which of the Following Forms of Organization Is Likely to Face

question 91

Multiple Choice

Which of the following forms of organization is likely to face problems of ownership and control?

• A) A family-run sole proprietorship firm.
• B) A small not-for-profit organization that employs only 10 people.
• C) A partnership firm where each partner is also a manager.
• D) A large corporation where each shareholder owns less than 1% of the total stock.

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Definitions:

Equal Value

the principle that different people, items, or activities are of the same worth and deserve equitable treatment.

Division of Labor

The allocation of different tasks to different people or entities based on specialization, aiming to increase efficiency in production or services.

Cultural Evolution

The gradual development of society and culture over time, driven by adaptation, innovation, and transmission of knowledge and behaviors.

Ethnocentric

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a general disregard for other cultures.