Match the Following Descriptions and Terms

question 25

Multiple Choice

Match the following descriptions and terms
-Special type of business that is legally separate and distinct from its owners

• A) Capitalism
• B) Socialism
• C) Social democracy
• D) Corporation
• E) Corporate capitalism
• F) Work establishments
• G) Firm
• H) Conglomerates

Explain the impact of external factors, such as injury or disease, on the sensory perception of taste, smell, sound, and vision.

Understand how animals use chemical signals for intra-species communication.

Explore the concept of sensory adaptation and its functional significance in daily life.

Differentiate between various types of sensory deafness and understand their causes.

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Definitions:

Liquidation

The process of closing a business and distributing its assets to claimants, typically during insolvency, paying creditors, and shareholders if funds remain.

Reorganization

The process of restructuring a company's business or legal structures for efficiency, to recover from financial distress, or to better align with strategic goals.

Decreasing Expenses

The process of reducing the costs incurred by a business in order to increase profitability.

Workforce Reduction

A strategy employed by businesses to decrease their number of employees through layoffs, attrition, or retirement schemes to cut costs or improve efficiency.