According to the Career Model Discussed in the Chapter,when Long

question 39

Multiple Choice

According to the career model discussed in the chapter,when long time professional athletes retire from full time,year round training and competition and re-enter the "ordinary world," they

• A)quickly embrace previously held identities.
• B)find it difficult to become normal in that world.
• C)enjoy the relative peacefulness of everyday life.
• D)usually return to amateur competition in their sport.

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Definitions:

Articles of Organization

A document filed with a state governmental entity to legally establish a limited liability company (LLC).

Member-Managed

Describes a management structure in a limited liability company (LLC) where all members (owners) actively participate in the day-to-day operations and decision-making process.

Manager-Managed

A structure typically used in limited liability companies (LLCs) where the management is officially assigned to one or more managers rather than being directed by all members.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task.