Of the Following Forms of Organization, Which Businesses Are the Greatest

question 96

Multiple Choice

Of the following forms of organization, which businesses are the greatest in numbers?

• A) proprietorships
• B) partnerships
• C) corporations
• D) limited partnerships

---

Definitions:

Goodwill

An intangible asset that represents the value of a company's brand name, customer base, customer relations, employee relations, and any patents or proprietary technology.

SWOT Analysis

A strategic planning tool used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

External Environment

The external context in which an organization operates, including socioeconomic, legal, technological, and competitive factors.

Internal Competence

The skills, knowledge, and capabilities that exist within an organization, critical for achieving competitive advantage and strategic goals.