Choose the Appropriate Letter to Match the Characteristics with the Type

question 19

Short Answer

Choose the appropriate letter to match the characteristics with the type of company.A given characteristic may match more than one type of company.
CHARACTERISTIC
1.________ Issues shares of stock that are traded on a stock exchange such as the NYSE
2.________ The owner(s)of the business are personally liable for the debts of the company
3.________ Shares of stock must be purchased directly from current owners
4.________ Can raise more financial capital by selling stock to the greatest number of investors
5.________ The easiest form of business to start
6.________ The business ceases to exist upon the departure of one of the owners
7.________ The owner(s)pay taxes on the profits of the business
TYPE OF COMPANY
A.Partnership
B.Publicly traded corporation
C.Privately traded corporation
D.Sole Proprietorship

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Definitions:

Profit-sharing Plans

A company program where employees receive a portion of the company's profits, linking compensation to the company's financial performance.

Total Control

A management approach where every aspect of a project, process, or organization is under direct control with no external influences.

Gainsharing Plans

Performance-based compensation programs that share the financial benefits of efficiency improvements, increased productivity, or cost savings with employees.

Organizational Resources

Assets, both tangible and intangible, that an organization utilizes to operate and achieve its objectives.