David Wants to Go into Business as Explosive Bursts to Make

question 59

Multiple Choice

David wants to go into business as Explosive Bursts to make and market fireworks. When deciding which form of business organization would be most appropriate,David would normally take into account all of the following except

• A)the liability of the owners.
• B)the forms of competitors' business organizations.
• C)tax considerations.
• D)the need for capital.

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Definitions:

Company Diversity

Refers to a workplace that includes a wide range of differences among its employees, such as ethnicity, gender, age, religion, sexual orientation, and cultural background.

Cultural Obstacles

Barriers related to cultural differences that hinder progress in negotiations, communication, and understanding between individuals or groups.

Supportive Cultures

Workplace environments that prioritize employee well-being and facilitate interpersonal connection and support.

Groupthink

A psychological phenomenon in which people in a cohesive group go along with the group consensus rather than offering their own opinions.