Examlex
If a manager has a directive leadership style and works in an organization in which performance expectations are minimal,which control structure is most appropriate?
General Partners
Individuals in a partnership who are responsible for managing the business and are personally liable for the partnership's debts.
Limited Liability
A legal structure where a company's owners are protected from personal responsibility for the company’s debts or liabilities, beyond the amount of their investment in the company.
Voluntary Contract
An agreement entered into freely by two or more parties, where each party has the ability to accept or reject the terms of the agreement.
Competent Persons
Individuals who have the necessary ability, knowledge, or qualifications to perform a specific task or duty effectively.
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