Which Is the Least Common Type of Business

question 72

Multiple Choice

Which is the least common type of business?

• A)corporation
• B)partnership
• C)sole proprietorship
• D)impossible to determine without further information

Learn about the history and impact of Scientific Management on job design.

Identify non-related factors to job crafting.

Understand the effects of job enrichment, enlargement, and other design strategies on job and work outcomes.

Recognize how individual traits and job characteristics interact to influence job involvement and satisfaction.

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Definitions:

Regulating

The process of controlling or governing according to rules or principles, often carried out by a governmental body.

Price Discount

A reduction from the usual cost of an item or service, used as a strategy to increase customer purchases or reduce inventory.

Anticipation Inventory

Stocks held in anticipation of customer demand, allowing companies to meet consumer needs without delay.

Larger Quantities

Refers to the acquisition or production of goods or services in high volumes, typically achieving economies of scale.