The Type of Business Enterprise with the Most Entities Is

question 71

True/False

The type of business enterprise with the most entities is the sole proprietorship, followed by the corporation; but the type of business enterprise with the greatest total revenue generation per year is the corporation.

Identify the mechanisms through which governments regulate international trade.

Understand the role of economic integration in promoting free trade among nations.

Recognize the benefits and challenges of forming free-trade zones.

Understand the legal roles and responsibilities of promoters, directors, and agents in the formation and operation of a corporation.

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Definitions:

David McClelland

A psychologist known for developing the theory of needs, which includes the needs for achievement, power, and affiliation, influencing the understanding of motivation.

Frederick Herzberg

An American psychologist best known for introducing job enrichment and the Motivator-Hygiene theory, also known as the Two-Factor Theory of motivation.

Maslow's Hierarchy

A psychological health theory based on meeting inherent human needs in order of importance, leading to the ultimate goal of self-actualization.

Physiological Needs

Fundamental human requirements for survival, such as food, water, shelter, and sleep, as identified in Maslow's hierarchy of needs.