Which Legal Entity Is Generally Best Suited for Going Public

question 10

Multiple Choice

Which legal entity is generally best suited for going public?

• A)Corporation.
• B)LLC.
• C)Limited liability partnership.
• D)General partnership.
• E)All of these entities are equally suited for going public.

---

Definitions:

High Cost Reductions

Strategic measures aimed at significantly lowering the expenses incurred by a business or organization.

Transnational Strategy

A multinational corporation’s approach that combines global integration with local responsiveness.

Local Responsiveness

Local responsiveness is a strategy whereby companies adapt their products, services, and operations to meet the specific demands and preferences of local markets.