The Form of Business Ownership Best Suited to Raising Large

question 295

Multiple Choice

The form of business ownership best suited to raising large amounts of money for expansion is the

• A) sole proprietorship.
• B) partnership.
• C) corporation.
• D) cooperative.

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Definitions:

Formal

Pertains to actions, processes, or structures that are officially recognized and followed, often in professional or ceremonial contexts.

Realistic Job Previews

An employment tool used by organizations to give potential employees a clear understanding of what a job entails, including both its positive and negative aspects.

Application Process

The series of steps or procedures required to formally request or apply for something, such as a job, program, or service.

Proactive Behaviours

Actions initiated by an individual to effect positive change in their environment.