Phillip and Dwight Have Been Operating a Train Store Together

question 136

Multiple Choice

Phillip and Dwight have been operating a train store together for two years.After a patron slipped on some water on the floor and was injured,they began to think about their personal liability and decided to change the business form to one that would give them the same ability to pass-through profits and shared ownership and control but with little government interference.They would most likely form a

• A) limited-liability company.
• B) corporation.
• C) limited partnership
• D) syndicate.

Recognize the discrepancy between espoused values and actual behaviors within an organization.

Know the number and types of behaviors exhibited by adaptive leaders.

Apply the concept of 'getting on the balcony' for better perspective and problem-solving.

Grasp the importance of creating a holding environment to facilitate adaptive work.

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Definitions:

Rhythm

A strong, regular, repeated pattern of movement or sound.

Developmental Psychologist

is a professional who studies the psychological growth and changes that occur throughout a person's life.

Vygotsky

A Soviet psychologist, Lev Vygotsky, known for his work on cognitive development, especially the social-cultural theory of development.

Piaget

A Swiss psychologist known for his pioneering work on child development, particularly his theory of cognitive development that describes how children develop logical thinking.