The Simplest Form of Business Structure Is a ____, and Most

question 19

Multiple Choice

The simplest form of business structure is a ____, and most small businesses start out this way.

• A) corporation
• B) general partnership
• C) limited liability company
• D) sole proprietorship

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Definitions:

Symbolically Important

Items, actions, or concepts that hold significant meaning or value beyond their literal sense, often representing broader ideas or principles.

Tedious

Describing tasks or activities that are boring, monotonous, or too long and repetitive, causing them to be laborious and uninteresting.

Complex

Consisting of many different and connected parts, not easy to analyze or understand because of being intricate.

Vroom-Yetton Model

A decision-making framework that helps leaders determine the level of participation of subordinates in the decision-making process based on the situation's attributes.